Senate Bill 0556
CODING: Words stricken are deletions; words underlined are additions.
Florida Senate - 1999 SB 556
By the Committee on Fiscal Policy
301-281A-99
1 A bill to be entitled
2 An act relating to the re-creation of the
3 Nursing Student Loan Forgiveness Trust Fund
4 without modification; re-creating the trust
5 fund; 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 Nursing Student Loan Forgiveness 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 Nursing Student Loan Forgiveness
23 Trust Fund, FLAIR number 48-2-505, which was created within
24 the Department of Education and which is to be terminated
25 pursuant to Section 19(f), Article III of the State
26 Constitution on November 4, 2000, is re-created.
27 (2) All current balances of the trust fund are carried
28 forward, and all current sources and uses of the trust fund
29 are continued.
30 Section 2. This act shall take effect November 4,
31 2000.
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CODING: Words stricken are deletions; words underlined are additions.
Florida Senate - 1999 SB 556
301-281A-99
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2 SENATE SUMMARY
3 Re-creates the Nursing Student Loan Forgiveness Trust
Fund within the Department of Education.
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