Senate Bill 0540

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



    Florida Senate - 1999                                   SB 540

    By the Committee on Fiscal Policy





    301-236A-99

  1                      A bill to be entitled

  2         An act relating to the re-creation of the

  3         Sophomore Level Test Trust Fund without

  4         modification; re-creating the Sophomore Level

  5         Test Trust Fund; carrying forward current

  6         balances and continuing current sources and

  7         uses thereof; providing an effective date.

  8

  9         WHEREAS, the Legislature wishes to extend the life of

10  the Sophomore Level Test Trust Fund, which is otherwise

11  scheduled to be terminated pursuant to constitutional mandate,

12  and

13         WHEREAS, the Legislature has reviewed the Sophomore

14  Level Test Trust Fund before its scheduled termination date

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

16  purpose, and

17         WHEREAS, the Legislature has found that existing public

18  policy concerning the Sophomore Level Test Trust Fund sets

19  adequate parameters for 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 Sophomore Level Test Trust Fund,

24  FLAIR number 48-2-646, which was created within the Department

25  of Education and which is to be terminated pursuant to Section

26  19(f), Article III of the State Constitution on November 4,

27  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 540
    301-236A-99




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

  2  2000.

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  5                          SENATE SUMMARY

  6    Re-creates the Sophomore Level Test Trust Fund within the
      Department of Education.
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