House Bill 1291

    Florida House of Representatives - 1999                HB 1291

        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         Preneed Funeral Contract Consumer Protection

  4         Trust Fund within the Department of Banking and

  5         Finance without modification; carrying forward

  6         current balances and continuing current sources

  7         and uses thereof; providing an effective date.

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  9         WHEREAS, the Legislature wishes to extend the life of

10  the Preneed Funeral Contract Consumer Protection Trust Fund

11  within the Department of Banking and Finance, which is

12  otherwise scheduled to be terminated pursuant to

13  constitutional mandate, 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 Preneed Funeral Contract Consumer

24  Protection Trust Fund within the Department of Banking and

25  Finance, FLAIR number 44-2-536, which was created by section

26  497.413, Florida Statutes, and which is to be terminated

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

28  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.

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






    Florida House of Representatives - 1999                HB 1291

    610-166-99






  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 Preneed Funeral Contract Consumer
  7    Protection Trust Fund within the Department of Banking
      and Finance.
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