Senate Bill 1524c1

    Florida Senate - 1999                           CS for SB 1524

    By the Committee on Education and Senator Holzendorf





    304-2177-99

  1                      A bill to be entitled

  2         An act relating to the Florida Education Fund;

  3         amending s. 240.498, F.S.; revising the

  4         membership of the board of directors of the

  5         Florida Education Fund; providing an effective

  6         date.

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

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10         Section 1.  Paragraph (a) of subsection (4) of section

11  240.498, Florida Statutes, is amended to read:

12         240.498  Florida Education Fund.--

13         (4)  The Florida Education Fund shall be administered

14  by a board of directors, which is hereby established.

15         (a)  The board of directors shall consist of 13 12

16  members, to be appointed as follows:

17         1.  Two laypersons appointed by the Governor;

18         2.  Two laypersons appointed by the President of the

19  Senate;

20         3.  Two laypersons appointed by the Speaker of the

21  House of Representatives;

22         4.  Three Two representatives of the State University

23  System appointed by the Board of Regents, one of whom shall be

24  a graduate of a program funded by the Florida Education Fund;

25         5.  Two representatives of the State Community College

26  System appointed by the State Board of Community Colleges; and

27         6.  Two representatives of independent colleges or

28  universities appointed by the State Board of Independent

29  Colleges and Universities.

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






    Florida Senate - 1999                           CS for SB 1524
    304-2177-99




  1  The board of directors may appoint to the board an additional

  2  five members from the private sector for the purpose of

  3  assisting in the procurement of private contributions. Such

  4  members shall serve as voting members of the board.

  5         Section 2.  This act shall take effect July 1, 1999.

  6

  7          STATEMENT OF SUBSTANTIAL CHANGES CONTAINED IN
                       COMMITTEE SUBSTITUTE FOR
  8                             SB 1524

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10  The committee substitute replaces provisions related to
    remediation with a provision that increases the overall
11  representation of the board of directors of the Florida
    Education Fund from 12 to 13 members by increasing the number
12  of representatives for the State University System from two to
    three members. The third representative from the State
13  University System must be a graduate of a program funded by
    the Florida Education Fund.
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