House Bill 1957

    Florida House of Representatives - 2000                HB 1957

        By Representative Constantine






  1                      A bill to be entitled

  2         An act relating to trust funds; creating s.

  3         373.472, F.S.; creating the Save Our Everglades

  4         Trust Fund within the Department of

  5         Environmental Protection; providing for sources

  6         of funds and purposes; providing an exemption

  7         from service charges; providing for retention

  8         of interest and other earnings; providing for

  9         annual carryforward of funds; providing for

10         future review and termination or re-creation of

11         the trust fund; providing a contingent

12         effective date.

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

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16         Section 1.  Section 373.472, Florida Statutes, is

17  created to read:

18         373.472  Save Our Everglades Trust Fund.--

19         (1)  There is created within the Department of

20  Environmental Protection the Save Our Everglades Trust Fund.

21  Funds in the trust fund shall be expended to implement the

22  comprehensive plan defined in s. 373.470(2)(a). The trust fund

23  shall serve as the repository for state, local, and federal

24  project contributions in accordance with s. 373.470(4).

25         (2)  The trust fund is not subject to the service

26  charge described in s. 215.20(1). All income of a revenue

27  nature, including interest or other earnings received or

28  credited by the trust fund, shall be credited to the fund.

29         (3)  Notwithstanding the provisions of s. 216.301 and

30  pursuant to s. 216.351, any balance in the trust fund at the

31  end of any fiscal year shall remain in the trust fund at the

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






    Florida House of Representatives - 2000                HB 1957

    502-199A-00






  1  end of the year and shall be available for carrying out the

  2  purposes of the trust fund.

  3         (4)  Pursuant to the provisions of s. 19(f)(2), Art.

  4  III of the State Constitution, the Save Our Everglades Trust

  5  Fund shall, unless terminated sooner, terminate on July 1,

  6  2004. Prior to its scheduled termination, the trust fund shall

  7  be reviewed as provided in s. 215.3206(1) and (2).

  8         Section 2.  This act shall take effect July 1, 2000, if

  9  HB 221 or similar legislation is adopted in the same

10  legislative session or an extension thereof and becomes law.

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13                          HOUSE SUMMARY

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      Creates the Save Our Everglades Trust Fund within the
15    Department of Environmental Protection, and provides for
      its sources and purposes. Provides an exemption from
16    certain service charges. Provides for retention of
      interest and other earnings. Provides for annual
17    carryforward of balances remaining at the end of any
      fiscal year. Provides for future review and termination
18    or re-creation of the trust fund.

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