House Bill 1373er
CODING: Words stricken are deletions; words underlined are additions.
ENROLLED
1999 Legislature HB 1373
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2 An act relating to trust funds; re-creating the
3 Treasurer's Administrative and Investment Trust
4 Fund within the Department of Insurance 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 Treasurer's Administrative and Investment Trust Fund
11 within the Department of Insurance, which is otherwise
12 scheduled to be terminated pursuant to constitutional mandate,
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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 Treasurer's Administrative and
24 Investment Trust Fund within the Department of Insurance,
25 FLAIR number 46-2-725, which was created by section 18.125,
26 Florida Statutes, and which is to be terminated pursuant to
27 Section 19(f), Article III of the State Constitution on
28 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.
ENROLLED
1999 Legislature HB 1373
1 Section 2. This act shall take effect November 4,
2 2000.
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