House Bill 1303er

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





    ENROLLED

    1999 Legislature                                       HB 1303



  1

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

  3         Pari-mutuel Wagering Trust Fund within the

  4         Department of Business and Professional

  5         Regulation 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 Pari-mutuel Wagering Trust Fund within the Department of

12  Business and Professional Regulation, which is otherwise

13  scheduled to be terminated pursuant to constitutional mandate,

14  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 Pari-mutuel Wagering Trust Fund

25  within the Department of Business and Professional Regulation,

26  FLAIR number 79-2-520, which was created by section 550.135,

27  Florida Statutes, and which is to be terminated pursuant to

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

29  November 4, 2000, is re-created.

30

31


                                  1

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




    ENROLLED

    1999 Legislature                                       HB 1303



  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.

  6

  7

  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