Senate Bill 0486

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



    Florida Senate - 1999                                   SB 486

    By the Committee on Fiscal Policy





    301-229-99

  1                      A bill to be entitled

  2         An act relating to the re-creation of the Land

  3         Reclamation Trust Fund without modification;

  4         re-creating the Land Reclamation 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 Land Reclamation Trust Fund, which is otherwise scheduled

11  to be terminated pursuant to constitutional mandate, and

12         WHEREAS, the Legislature has reviewed the Land

13  Reclamation Trust Fund before its scheduled termination date

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

15  purpose, and

16         WHEREAS, The Legislature has found that existing public

17  policy concerning the Land Reclamation Trust Fund sets

18  adequate parameters for 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 Land Reclamation Trust Fund, FLAIR

23  number 73-2-426, which was created within the Department of

24  Revenue and 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 486
    301-229-99




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  2                          SENATE SUMMARY

  3    Re-creates the Land Reclamation Trust Fund within the
      Department of Revenue.
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