Senate Bill 0624

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



    Florida Senate - 1999                                   SB 624

    By the Committee on Fiscal Policy





    301-187A-99

  1                      A bill to be entitled

  2         An act re-creating the Working Capital Trust

  3         Fund of the Department of Environmental

  4         Protection without modification; carrying

  5         forward current balances and continuing current

  6         sources and uses thereof; providing an

  7         effective date.

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  9         WHEREAS, the Legislature wishes to extend the life of

10  the Working Capital Trust Fund, which is otherwise scheduled

11  to be terminated pursuant to constitutional mandate, and

12         WHEREAS, the Legislature has reviewed the Working

13  Capital Trust Fund before its scheduled termination date and

14  has found that it continues to meet an important public

15  purpose, and

16         WHEREAS, the Legislature finds that the existing public

17  policy concerning the Working Capital Trust Fund sets adequate

18  parameters for 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 Working Capital Trust Fund within

23  the Department of Environmental Protection, FLAIR number

24  37-2-792, which is to be terminated pursuant to Section 19(f),

25  Article III of the State Constitution on November 4, 2000, is

26  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 624
    301-187A-99




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  2                          SENATE SUMMARY

  3    Re-creates the Working Capital Trust Fund within the
      Department of Environmental Protection.
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