Senate Bill 0552

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



    Florida Senate - 1999                                   SB 552

    By the Committee on Fiscal Policy





    301-237A-99

  1                      A bill to be entitled

  2         An act relating to the re-creation of the

  3         Institutional Assessment Trust Fund without

  4         modification; re-creating the Institutional

  5         Assessment 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 Institutional Assessment Trust Fund, which is otherwise

11  scheduled to be terminated pursuant to constitutional mandate,

12  and

13         WHEREAS, the Legislature has reviewed the Institutional

14  Assessment 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 Institutional Assessment 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 Institutional Assessment Trust

24  Fund within the Department of Education, FLAIR number

25  48-2-380, which was created by section 246.31, Florida

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

27  19(f), Article III of the State Constitution on November 4,

28  2000, is re-created.

29         (2)  All current balances of the trust fund are carried

30  forward, and all current sources and uses of the trust fund

31  are continued.

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






    Florida Senate - 1999                                   SB 552
    301-237A-99




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

  2  2000.

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  5                          SENATE SUMMARY

  6    Re-creates the Institutional Assessment Trust Fund within
      the Department of Education.
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