House Bill 2255

    Florida House of Representatives - 1999                HB 2255

        By Representative Stansel






  1                      A bill to be entitled

  2         An act relating to trust funds; creating the

  3         Florida Tobacco Producers Compensation Trust

  4         Fund; providing for sources of funds and

  5         purposes; providing for annual carryforward of

  6         funds; providing for future review and

  7         termination or re-creation of the trust fund;

  8         providing a contingent effective date.

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

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12         Section 1.  Florida Tobacco Producers Compensation

13  Trust Fund.--

14         (1)  The Florida Tobacco Producers Compensation Trust

15  Fund is created within the Department of Agriculture and

16  Consumer Services. Funds shall be credited to the trust fund

17  as provided in HB       or similar legislation, to be used for

18  the purposes set forth herein.

19         (2)  Notwithstanding the provisions of s. 216.301,

20  Florida Statutes, and pursuant to s. 216.351, Florida

21  Statutes, any balance in the trust fund at the end of any

22  fiscal year shall remain in the trust fund at the end of the

23  year and shall be available for carrying out the purposes of

24  the trust fund.

25         (3)  Pursuant to the provisions of s. 19(f)(2), Art.

26  III of the State Constitution, the trust fund shall, unless

27  terminated sooner, be terminated on July 1, 2003. Prior to its

28  scheduled termination, the trust fund shall be reviewed as

29  provided in s. 215.3206(1) and (2), Florida Statutes.

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






    Florida House of Representatives - 1999                HB 2255

    712-105-99






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

  2  HB       or similar legislation is adopted in the same

  3  legislative session or an extension thereof.

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  6                          HOUSE SUMMARY

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      Creates the Florida Tobacco Producers Compensation Trust
  8    Fund within the Department of Agriculture and Consumer
      Services.  Provides for sources of funds and purposes.
  9    Provides for annual carryforward of funds.  Provides for
      future review and termination or re-creation of the trust
10    fund.

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