Senate Bill 0514er

    ENROLLED

    1999 Legislature                         SB 514, 1st Engrossed



  1

  2         An act terminating specified trust funds and

  3         fund accounts within the Executive Office of

  4         the Governor; providing for disposition of

  5         balances in and revenues of such trust funds

  6         and fund accounts; prescribing procedures for

  7         the termination of such trust funds and fund

  8         accounts; amending s. 215.195, F.S.; requiring

  9         deposit of reimbursement for certain statewide

10         allocated costs into General Revenue

11         unallocated; providing an effective date.

12

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

14

15         Section 1.  (1)  The following trust funds and fund

16  accounts within the Executive Office of the Governor are

17  terminated:

18         (a)  The Hurricane Andrew Recovery and Rebuilding Trust

19  Fund, FLAIR number 31-2-205.

20         (b)  The State-Federal Relations Trust Fund, FLAIR

21  number 31-2-690.

22         (2)  Unless otherwise provided, all current balances

23  remaining in, and all revenues of, the trust funds terminated

24  by this act shall be transferred to the General Revenue Fund.

25         (3)  For each trust fund and fund account terminated by

26  this act, the agency or branch that administers the trust fund

27  or fund account shall pay any outstanding debts and

28  obligations of the terminated fund or account as soon as

29  practicable, and the Comptroller shall close out and remove

30  the terminated fund or account from the various state

31  accounting systems using generally accepted accounting


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




    ENROLLED

    1999 Legislature                         SB 514, 1st Engrossed



  1  principles concerning warrants outstanding, assets, and

  2  liabilities.

  3         Section 2.  Section 215.195, Florida Statutes, is

  4  amended to read:

  5         215.195  Agency Deposits Relating to the Statewide Cost

  6  Allocation Plan State-Federal Relations Trust Fund.--

  7         (1)  CREATION.--There is created, within the Executive

  8  Office of the Governor, the State-Federal Relations Trust

  9  Fund.

10         (1)(2)  APPLICATION FOR ALLOCABLE STATEWIDE

11  OVERHEAD.--Each state agency, and the judicial branch, making

12  application for federal grant or contract funds shall, in

13  accordance with the Statewide Cost Allocation Plan, include in

14  its application a prorated share of the cost of services

15  provided by state central service agencies which are

16  reimbursable to the state pursuant to the provisions of Office

17  of Management and Budget Circular A-87 Federal Management

18  Circular 74-4.

19         (2)(3)  DEPOSIT OF OVERHEAD IN THE GENERAL REVENUE FUND

20  TRUST FUND.--If an application for federal grant or contract

21  funds is approved, the state agency or judicial branch

22  receiving the federal grant or contract shall identify that

23  portion representing reimbursement of allocable statewide

24  overhead and deposit that amount into the General Revenue Fund

25  unallocated as directed by the Executive Office of the

26  Governor into the State-Federal Relations Trust Fund.

27         (4)  DISPOSITION OF MONEYS DEPOSITED IN THE TRUST

28  FUND.--Moneys deposited in the State-Federal Relations Trust

29  Fund shall be deposited quarterly to the General Revenue Fund,

30  unallocated.

31         Section 3.  This act shall take effect July 1, 1999.


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