House Bill 1227

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







    Florida House of Representatives - 1999                HB 1227

        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         Division of Universities Facility Construction

  4         Administrative Trust Fund within the Department

  5         of Education without modification; carrying

  6         forward current balances and continuing current

  7         sources and uses thereof; providing an

  8         effective date.

  9

10         WHEREAS, the Legislature wishes to extend the life of

11  the Division of Universities Facility Construction

12  Administrative Trust Fund within the Department of Education,

13  which is otherwise scheduled to be terminated pursuant to

14  constitutional mandate, and

15         WHEREAS, the Legislature has reviewed the trust fund

16  before its scheduled termination date and has found that it

17  continues to meet an important public purpose, and

18         WHEREAS, the Legislature has found that existing public

19  policy concerning the trust fund sets adequate parameters for

20  its use, NOW, THEREFORE,

21

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

23

24         Section 1.  (1)  The Division of Universities Facility

25  Construction Administrative Trust Fund, FLAIR number 49-2-222,

26  which was created within the Department of Education and which

27  is to be terminated pursuant to Section 19(f), Article III of

28  the State Constitution on November 4, 2000, is re-created.

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

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

31  are continued.

                                  1

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






    Florida House of Representatives - 1999                HB 1227

    609-146-99






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

  2  2000.

  3

  4            *****************************************

  5                          HOUSE SUMMARY

  6
      Re-creates the Division of Universities Facility
  7    Construction Administrative Trust Fund within the
      Department of Education.
  8

  9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27

28

29

30

31

                                  2