Senate Bill 0636

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



    Florida Senate - 1999                                   SB 636

    By the Committee on Fiscal Policy





    301-273B-99

  1                      A bill to be entitled

  2         An act relating to the re-creation of the

  3         Drinking Water Revolving Loan 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 Drinking Water Revolving Loan 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 Drinking Water Revolving Loan

23  Trust Fund, FLAIR number 37-2-044, which was created within

24  the Department of Environmental Protection by section

25  403.8533, Florida Statutes, and which is to be terminated

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

27  Constitution on July 1, 2001, is re-created.

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

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

30  are continued.

31         Section 2.  This act shall take effect July 1, 2001.

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






    Florida Senate - 1999                                   SB 636
    301-273B-99




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  2                          SENATE SUMMARY

  3    Re-creates the Drinking Water Revolving Loan Trust Fund
      within the Department of Environmental Protection.
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