Senate Bill 0428
CODING: Words stricken are deletions; words underlined are additions.
Florida Senate - 1999 SB 428
By the Committee on Fiscal Policy
301-563A-99
1 A bill to be entitled
2 An act relating to the re-creation of the
3 Anti-Fraud Trust Fund without modification;
4 re-creating the trust fund; carrying forward
5 current balances and continuing current sources
6 and uses thereof; providing an effective date.
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8 WHEREAS, the Legislature wishes to extend the life of
9 the Anti-Fraud Trust Fund, which is otherwise scheduled to be
10 terminated pursuant to constitutional mandate, and
11 WHEREAS, the Legislature has reviewed the trust fund
12 before its scheduled termination date and has found that it
13 continues to meet an important public purpose, and
14 WHEREAS, the Legislature has found that existing public
15 policy concerning the trust fund sets adequate parameters for
16 its use, NOW, THEREFORE,
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18 Be It Enacted by the Legislature of the State of Florida:
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20 Section 1. (1) The Anti-Fraud Trust Fund within the
21 Department of Banking and Finance, FLAIR number 44-2-038,
22 which was created by section 517.302, Florida Statutes, and
23 which is to be terminated pursuant to Section 19(f), Article
24 III of the State Constitution on November 4, 2000, is
25 re-created.
26 (2) All current balances of the trust fund are carried
27 forward, and all current sources and uses of the trust fund
28 are continued.
29 Section 2. This act shall take effect November 4,
30 2000.
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CODING: Words stricken are deletions; words underlined are additions.
Florida Senate - 1999 SB 428
301-563A-99
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2 SENATE SUMMARY
3 Re-creates the Anti-Fraud Trust Fund within the
Department of Banking and Finance.
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