Senate Bill 0460

    Florida Senate - 1999                                   SB 460

    By the Committee on Fiscal Policy





    301-251A-99

  1                      A bill to be entitled

  2         An act relating to trust funds; re-creating the

  3         Cigarette Tax Collection Trust Fund within the

  4         Department of Business and Professional

  5         Regulation without modification; carrying

  6         forward current balances and continuing current

  7         sources and uses thereof; providing an

  8         effective date.

  9

10         WHEREAS, the Legislature wishes to extend the life of

11  the Cigarette Tax Collection Trust Fund within the Department

12  of Business and Professional Regulation, which is otherwise

13  scheduled to be terminated pursuant to constitutional mandate,

14  and

15         WHEREAS, the Legislature has reviewed the Cigarette Tax

16  Collection Trust Fund within the Department of Business and

17  Professional Regulation before its scheduled termination date

18  and has found that it continues to meet an important public

19  purpose, and

20         WHEREAS, the Legislature has found that existing public

21  policy concerning the Cigarette Tax Collection Trust Fund

22  within the Department of Business and Professional Regulation

23  sets adequate parameters for its use, NOW, THEREFORE,

24

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

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27         Section 1.  (1)  The Cigarette Tax Collection Trust

28  Fund within the Department of Business and Professional

29  Regulation, FLAIR number 79-2-086, which was created by

30  section 210.20, Florida Statutes, and which is to be

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






    Florida Senate - 1999                                   SB 460
    301-251A-99




  1  terminated pursuant to Section 19(f), Article III of the State

  2  Constitution on November 4, 2000, is re-created.

  3         (2)  All current balances of the trust fund are carried

  4  forward, and all current sources and uses of the trust fund

  5  are continued.

  6         Section 2.  This act shall take effect November 4,

  7  2000.

  8

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10                          SENATE SUMMARY

11    Re-creates the Cigarette Tax Collection Trust Fund within
      the Department of Business and Professional Regulation.
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