Senate Bill 0492

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



    Florida Senate - 1999                                   SB 492

    By the Committee on Fiscal Policy





    301-194A-99

  1                      A bill to be entitled

  2         An act relating to the re-creation of the

  3         Revenue Audit Division Administrative Trust

  4         Fund within the Department of Revenue without

  5         modification; re-creating the trust fund;

  6         carrying forward current balances and

  7         continuing current sources and uses thereof;

  8         providing an effective date.

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10         WHEREAS, the Legislature wishes to extend the life of

11  the Revenue Audit Division Administrative Trust Fund, which is

12  otherwise scheduled to be terminated pursuant to

13  constitutional mandate, and

14         WHEREAS, the Legislature has reviewed the trust fund

15  before its scheduled termination date and has found that it

16  continues to meet an important public purpose, and

17         WHEREAS, the Legislature has found that existing public

18  policy concerning the trust fund sets adequate parameters for

19  its use, NOW, THEREFORE,

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

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23         Section 1.  (1)  The Revenue Audit Division

24  Administrative Trust Fund within the Department of Revenue,

25  FLAIR number 73 2 021, which is to be terminated pursuant to

26  Section 19(f), Article III of the State Constitution on

27  November 4, 2000, is re-created.

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

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

30  are continued.

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






    Florida Senate - 1999                                   SB 492
    301-194A-99




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

  2  2000.

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  5                          SENATE SUMMARY

  6    Re-creates the Revenue Audit Division Administrative
      Trust Fund within the Department of Revenue.
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