Senate Bill 0518

    Florida Senate - 1999                                   SB 518

    By the Committee on Fiscal Policy





    301-260A-99

  1                      A bill to be entitled

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

  3         Rehabilitation Administrative Expense Fund

  4         within the Department of Insurance 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 Rehabilitation Administrative Expense Fund within the

11  Department of Insurance, which is otherwise scheduled to be

12  terminated pursuant to constitutional mandate, and

13         WHEREAS, the Legislature has reviewed the

14  Rehabilitation Administrative Expense Fund within the

15  Department of Insurance before its scheduled termination date

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

17  purpose, and

18         WHEREAS, the Legislature has found that existing public

19  policy concerning the Rehabilitation Administrative Expense

20  Fund within the Department of Insurance sets adequate

21  parameters for its use, NOW, THEREFORE,

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

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25         Section 1.  (1)  The Rehabilitation Administrative

26  Expense Fund within the Department of Insurance, FLAIR number

27  46-2-582, which was created by section 641.227, Florida

28  Statutes, and which is to be terminated pursuant to Section

29  19(f), Article III of the State Constitution on November 4,

30  2000, is re-created.

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






    Florida Senate - 1999                                   SB 518
    301-260A-99




  1         (2)  All current balances of the 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 Rehabilitation Administrative Expense Fund
      within the Department of Insurance.
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