Senate Bill 0642

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



    Florida Senate - 1999                                   SB 642

    By the Committee on Fiscal Policy





    301-284A-99

  1                      A bill to be entitled

  2         An act relating to the re-creation of the

  3         Forfeited Property Trust Fund without

  4         modification; re-creating the trust fund;

  5         carrying forward current balances and

  6         continuing current sources and uses thereof;

  7         providing an effective date.

  8

  9         WHEREAS, the Legislature wishes to extend the life of

10  the Forfeited Property Trust Fund, which is otherwise

11  scheduled to be terminated pursuant to constitutional mandate,

12  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,

19

20  Be It Enacted by the Legislature of the State of Florida:

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22         Section 1.  (1)  The Forfeited Property Trust Fund

23  within the Department of Environmental Protection, FLAIR

24  number 37-2-267, which was created by section 253.03, Florida

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

26  19(f), Article III of the State Constitution on November 4,

27  2000, 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.

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






    Florida Senate - 1999                                   SB 642
    301-284A-99




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

  2  2000.

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  5                          SENATE SUMMARY

  6    Re-creates the Forfeited Property Trust Fund within the
      Department of Environmental Protection.
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