House Bill 2375

    Florida House of Representatives - 2000                HB 2375

        By the Committee on General Appropriations and
    Representative Pruitt





  1                      A bill to be entitled

  2         An act relating to trust funds; amending s.

  3         20.435, F.S.; creating the Biomedical Research

  4         Trust Fund within the Department of Health;

  5         providing for sources of moneys and purposes;

  6         providing for exemption from the general

  7         revenue service charges; providing for annual

  8         carryforward of funds; providing for future

  9         review and termination or re-creation of the

10         trust fund; providing a contingent effective

11         date.

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

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15         Section 1.  Paragraph (h) is added to subsection (1) of

16  section 20.435, Florida Statutes, to read:

17         20.435  Department of Health; trust funds.--

18         (1)  The following trust funds are hereby created, to

19  be administered by the Department of Health:

20         (h)  Biomedical Research Trust Fund.

21         1.  Funds to be credited to the trust fund shall

22  consist of funds deposited pursuant to s. 215.5601(4). Funds

23  shall be used for the purposes of the Florida Biomedical

24  Research Program as specified in s. 215.5602. The trust fund

25  is exempt from the service charges imposed by s. 215.20.

26         2.  Notwithstanding the provisions of s. 216.301 and

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

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

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

30  purposes of the trust fund.

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






    Florida House of Representatives - 2000                HB 2375

    187-878-00






  1         3.  The trust fund shall, unless terminated sooner, be

  2  terminated on July 1, 2004.

  3         (2)  Prior to its scheduled termination pursuant to the

  4  provisions of s. 19(f)(2), Art. III of the State Constitution,

  5  each trust fund listed in subsection (1) shall be reviewed as

  6  provided in s. 215.3206(1) and (2).

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

  8  House Bill 253 or similar legislation is adopted in the same

  9  legislative session or an extension thereof and becomes law.

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12                          HOUSE SUMMARY

13
      Creates the Biomedical Research Trust Fund within the
14    Department of Health. Provides for sources of moneys and
      purposes. Provides for exemption from the general revenue
15    service charges. Provides for annual carryforward of
      funds. Provides for future review and termination or
16    re-creation of the trust fund.

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