House Bill 1859

    Florida House of Representatives - 1999                HB 1859

        By the Committee on Transportation & Economic Development
    Appropriations and Representative Fuller





  1                      A bill to be entitled

  2         An act relating to trust funds; terminating

  3         specified trust funds within the Executive

  4         Office of the Governor; providing for

  5         disposition of balances in and revenues of such

  6         trust funds; prescribing procedures for the

  7         termination of such trust funds; repealing s.

  8         215.195, F.S., relating to the State-Federal

  9         Relations Trust Fund; providing an effective

10         date.

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

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14         Section 1.  (1)  The following trust funds within the

15  Executive Office of the Governor are terminated:

16         (a)  The Hurricane Andrew Recovery and Rebuilding Trust

17  Fund, FLAIR number 31-2-205.

18         (b)  The State-Federal Relations Trust Fund, FLAIR

19  number 31-2-690.

20         (2)  Unless otherwise provided, all current balances

21  remaining in, and all revenues of, the trust funds terminated

22  by this act shall be transferred to the General Revenue Fund.

23         (3)  For each trust fund terminated by this act, the

24  agency or branch that administers the trust fund shall pay any

25  outstanding debts and obligations of the terminated fund as

26  soon as practicable, and the Comptroller shall close out and

27  remove the terminated fund from the various state accounting

28  systems using generally accepted accounting principles

29  concerning warrants outstanding, assets, and liabilities.

30         Section 2.  Section 215.195, Florida Statutes, is

31  repealed.

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






    Florida House of Representatives - 1999                HB 1859

    612-132-99






  1         Section 3.  This act shall take effect July 1, 2000.

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  4                          HOUSE SUMMARY

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      Terminates various trust funds within the Executive
  6    Office of the Governor.

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