Senate Bill 0570

    Florida Senate - 1999                                   SB 570

    By the Committee on Fiscal Policy





    301-172A-99

  1                      A bill to be entitled

  2         An act relating to the re-creation of the

  3         Capital Facilities Matching Trust Fund without

  4         modification; re-creating the Alec P. Courtelis

  5         Capital Facilities Matching 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 Alec P. Courtelis Capital Facilities Matching Trust Fund,

12  which is otherwise scheduled to be terminated pursuant to

13  constitutional mandate, and

14         WHEREAS, the Legislature has reviewed the Alec P.

15  Courtelis Capital Facilities Matching 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 Alec P. Courtelis Capital Facilities

20  Matching 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 Alec P. Courtelis Capital

26  Facilities Matching Trust Fund within the Department of

27  Education, FLAIR number 49-2-070, which was created by section

28  240.2601, Florida Statutes, and which is to be terminated

29  pursuant to Section 19(f), Article III of the State

30  Constitution on November 4, 2000, is re-created.

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






    Florida Senate - 1999                                   SB 570
    301-172A-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 Alec P. Courtelis Capital Facilities
      Matching Trust Fund within the Department of Education.
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