House Bill 1225

CODING: Words stricken are deletions; words underlined are additions.







    Florida House of Representatives - 1999                HB 1225

        By the Committee on Education Appropriations and
    Representative Wise





  1                      A bill to be entitled

  2         An act relating to trust funds; re-creating the

  3         Board of Regents Operations and Maintenance

  4         Trust Fund within the Department of Education

  5         without modification; carrying forward current

  6         balances and continuing current sources and

  7         uses thereof; providing an effective date.

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  9         WHEREAS, the Legislature wishes to extend the life of

10  the Board of Regents Operations and Maintenance Trust Fund

11  within the Department of Education, which is otherwise

12  scheduled to be terminated pursuant to constitutional mandate,

13  and

14         WHEREAS, the Legislature has reviewed the trust fund

15  before its scheduled termination date and has found that it

16  continues to meet an important public purpose, and

17         WHEREAS, the Legislature has found that existing public

18  policy concerning the trust fund sets adequate parameters for

19  its use, NOW, THEREFORE,

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21  Be It Enacted by the Legislature of the State of Florida:

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23         Section 1.  (1)  The Board of Regents Operations and

24  Maintenance Trust Fund, FLAIR number 49-2-516, which was

25  created within the Department of Education and which is to be

26  terminated pursuant to Section 19(f), Article III of the State

27  Constitution on November 4, 2000, is re-created.

28         (2)  All current balances of the trust fund are carried

29  forward, and all current sources and uses of the trust fund

30  are continued.

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CODING: Words stricken are deletions; words underlined are additions.






    Florida House of Representatives - 1999                HB 1225

    609-145-99






  1         Section 2.  This act shall take effect November 4,

  2  2000.

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  5                          HOUSE SUMMARY

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      Re-creates the Board of Regents Operations and
  7    Maintenance Trust Fund within the Department of
      Education.
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