House Bill 1377er

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





    ENROLLED

    1999 Legislature                                       HB 1377



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

  3         Florida Casualty Insurance Risk Management

  4         Trust Fund within the Department of Insurance

  5         without modification; carrying forward current

  6         balances and continuing current sources and

  7         uses thereof; providing an effective date.

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  9         WHEREAS, the Legislature wishes to extend the life of

10  the Florida Casualty Insurance Risk Management Trust Fund

11  within the Department of Insurance, which is otherwise

12  scheduled to be terminated pursuant to constitutional mandate,

13  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 Florida Casualty Insurance Risk

24  Management Trust Fund within the Department of Insurance,

25  FLAIR number 46-2-078, which was created by section 284.30,

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 1377



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

  2  2000.

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