House Bill 1279

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







    Florida House of Representatives - 1999                HB 1279

        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         National Forest Trust Fund within the

  4         Department of Banking and Finance without

  5         modification; carrying forward current balances

  6         and continuing current sources and uses

  7         thereof; providing an effective date.

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  9         WHEREAS, the Legislature wishes to extend the life of

10  the National Forest Trust Fund within the Department of

11  Banking and Finance, which is otherwise scheduled to be

12  terminated pursuant to constitutional mandate, and

13         WHEREAS, the Legislature has reviewed the trust fund

14  before its scheduled termination date and has found that it

15  continues to meet an important public purpose, and

16         WHEREAS, the Legislature has found that existing public

17  policy concerning the trust fund sets adequate parameters for

18  its use, NOW, THEREFORE,

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

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22         Section 1.  (1)  The National Forest Trust Fund, FLAIR

23  number 44-2-307, which was created within the Department of

24  Banking and Finance and which is to be terminated pursuant to

25  Section 19(f), Article III of the State Constitution on

26  November 4, 2000, is re-created.

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

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

29  are continued.

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

31  2000.

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






    Florida House of Representatives - 1999                HB 1279

    610-160-99






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  2                          HOUSE SUMMARY

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      Re-creates the National Forest Trust Fund within the
  4    Department of Banking and Finance.

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