Senate Bill 0542

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



    Florida Senate - 1999                                   SB 542

    By the Committee on Fiscal Policy





    301-233A-99

  1                      A bill to be entitled

  2         An act relating to the re-creation of the

  3         Educational Aids Trust Fund without

  4         modification; re-creating the Division of

  5         Public Schools Educational Aids 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 Division of Public Schools Educational Aids Trust Fund,

12  which is otherwise scheduled to be terminated pursuant to

13  constitutional mandate, and

14         WHEREAS, the Legislature has reviewed the Division of

15  Public Schools Educational Aids Trust Fund before its

16  scheduled termination date and has found that it continues to

17  meet an important public purpose, and

18         WHEREAS, the Legislature has found that existing public

19  policy concerning the Division of Public Schools Educational

20  Aids Trust Fund sets adequate parameters for its use, NOW,

21  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 Educational Aids Trust Fund, FLAIR

26  number 48 2 180, which was created within the Department of

27  Education and which is to be terminated pursuant to Section

28  19(f), Article III of the State Constitution on November 4,

29  2000, is re-created.

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






    Florida Senate - 1999                                   SB 542
    301-233A-99




  1         (2)  All current balances of the trust 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.

  6

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  8                          SENATE SUMMARY

  9    Re-creates the Educational Aids Trust Fund within the
      Department of Education.
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