Senate Bill 0426
CODING: Words stricken are deletions; words underlined are additions.
Florida Senate - 1999 SB 426
By the Committee on Fiscal Policy
301-292A-99
1 A bill to be entitled
2 An act relating to the re-creation of the
3 "Trust Funds -- no title" Trust Fund without
4 modification; re-creating the trust fund;
5 carrying forward current balances and
6 continuing current sources and uses thereof;
7 providing an effective date.
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9 WHEREAS, the Legislature wishes to extend the life of
10 the "Trust Funds -- no title" Trust Fund, which is otherwise
11 scheduled to be terminated pursuant to constitutional mandate,
12 and
13 WHEREAS, the Legislature has reviewed the trust fund
14 before its scheduled termination date and has found that it
15 continues to meet an important public purpose, and
16 WHEREAS, the Legislature has found that existing public
17 policy concerning the trust fund sets adequate parameters for
18 its use, NOW, THEREFORE,
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20 Be It Enacted by the Legislature of the State of Florida:
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22 Section 1. (1) The "Trust Funds -- no title" Trust
23 Fund within the Department of Banking and Finance, FLAIR
24 number 44-2-732, which is to be terminated pursuant to Section
25 19(f), Article III of the State Constitution on November 4,
26 2000, is re-created.
27 (2) All current balances of the trust fund are carried
28 forward, and all current sources and uses of the trust fund
29 are continued.
30 Section 2. This act shall take effect November 4,
31 2000.
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CODING: Words stricken are deletions; words underlined are additions.
Florida Senate - 1999 SB 426
301-292A-99
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2 SENATE SUMMARY
3 Recreates the "Trust Funds -- no title" Trust Fund within
the Department of Banking and Finance.
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