Senate Bill 0466

    Florida Senate - 1999                                   SB 466

    By the Committee on Fiscal Policy





    301-250A-99

  1                      A bill to be entitled

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

  3         Administrative Trust Fund within the Department

  4         of Business and Professional Regulation without

  5         modification; carrying forward current balances

  6         and continuing current sources and uses

  7         thereof; providing an effective date.

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  9         WHEREAS, the Legislature wishes to extend the life of

10  the Administrative Trust Fund within the Department of

11  Business and Professional Regulation, which is otherwise

12  scheduled to be terminated pursuant to constitutional mandate,

13  and

14         WHEREAS, the Legislature has reviewed the

15  Administrative Trust Fund within the Department of Business

16  and Professional Regulation before its scheduled termination

17  date and has found that it continues to meet an important

18  public purpose, and

19         WHEREAS, the Legislature has found that existing public

20  policy concerning the Administrative Trust Fund within the

21  Department of Business and Professional Regulation sets

22  adequate parameters for its use, NOW, THEREFORE,

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

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26         Section 1.  (1)  The Administrative Trust Fund within

27  the Department of Business and Professional Regulation, FLAIR

28  number 79-2-021, which was created by section 455.116, Florida

29  Statutes, and which is to be terminated by the Legislature

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

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

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






    Florida Senate - 1999                                   SB 466
    301-250A-99




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

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

  3  are continued.

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

  5  2000.

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  8                          SENATE SUMMARY

  9    Re-creates the Administrative Trust Fund within the
      Department of Business and Professional Regulation.
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