House Bill 1265

    Florida House of Representatives - 1999                HB 1265

        By the Committee on General Government Appropriations and
    Representative Sembler





  1                      A bill to be entitled

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

  3         Florida Quarter Horse Racing Promotion Trust

  4         Fund within the Department of Agriculture and

  5         Consumer Services without modification;

  6         carrying forward current balances and

  7         continuing current sources and uses thereof;

  8         providing an effective date.

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10         WHEREAS, the Legislature wishes to extend the life of

11  the Florida Quarter Horse Racing Promotion Trust Fund within

12  the Department of Agriculture and Consumer Services, which is

13  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,

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

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24         Section 1.  (1)  The Florida Quarter Horse Racing

25  Promotion Trust Fund, FLAIR number 42-2-564, which was created

26  within the Department of Agriculture and Consumer Services and

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

28  III of the State Constitution on November 4, 2000, is

29  re-created.

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






    Florida House of Representatives - 1999                HB 1265

    610-153-99






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

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

  3  are continued.

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

  5  2000.

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  8                          HOUSE SUMMARY

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      Re-creates the Florida Quarter Horse Racing Promotion
10    Trust Fund within the Department of Agriculture and
      Consumer Services.
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