Senate Bill 2126

    Florida Senate - 2000                                  SB 2126

    By Senator Latvala





    41-1549-00

  1                      A bill to be entitled

  2         An act creating the Florida Forever Trust Fund

  3         within the Department of Community Affairs;

  4         providing for a source of moneys; providing

  5         purposes and requirements; providing for review

  6         and termination or re-creation of the trust

  7         fund; providing an effective date.

  8

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

10

11         Section 1.  (1)  The Florida Forever Trust Fund is

12  created within the Department of Community Affairs to carry

13  out the purposes of part III of chapter 380, Florida Statutes.

14  The Florida Forever Trust Fund shall receive funds pursuant to

15  section 259.105(3)(c), Florida Statutes.

16         (2)  In accordance with Section 19(f)(2) of Article III

17  of the State Constitution, the Florida Forever Trust Fund

18  shall be terminated on July 1, 2004, unless terminated sooner.

19  Before its scheduled termination, the trust fund shall be

20  reviewed as provided in section 215.3206(1) and (2), Florida

21  Statutes.

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

23  but it shall not take effect unless it is enacted by a

24  three-fifths vote of the membership of each house of the

25  Legislature.

26

27            *****************************************

28                          SENATE SUMMARY

29    Creates the Florida Forever Trust Fund to be administered
      by the Department of Community Affairs. Provides for
30    review and termination or re-creation of the trust fund.

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