Senate Bill 0536
CODING: Words stricken are deletions; words underlined are additions.
Florida Senate - 1999 SB 536
By the Committee on Fiscal Policy
301-249A-99
1 A bill to be entitled
2 An act relating to the re-creation of the State
3 Student Financial Assistance Trust Fund without
4 modification; re-creating the 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 State Student Financial Assistance Trust Fund, which is
11 otherwise scheduled to be terminated pursuant to
12 constitutional mandate, and
13 WHEREAS, the Legislature has reviewed the trust fund
14 before its scheduled termination date and has found that it
15 continues to meet an important public purpose, and
16 WHEREAS, the Legislature has found that existing public
17 policy concerning the trust fund sets adequate parameters for
18 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 State Student Financial Assistance
23 Trust Fund, FLAIR number 48-2-240, which was created within
24 the Department of Education by section 240.40, Florida
25 Statutes, and which is to be terminated pursuant to Section
26 19(f), Article III of the State Constitution on July 1, 1999,
27 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.
31 Section 2. This act shall take effect July 1, 1999.
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CODING: Words stricken are deletions; words underlined are additions.
Florida Senate - 1999 SB 536
301-249A-99
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2 SENATE SUMMARY
3 Re-creates the State Student Financial Assistance Trust
Fund within the Department of Education.
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