Senate Bill 0304

    Florida Senate - 2000                                   SB 304

    By Senator Kirkpatrick





    5-267-00                                             See HB 53

  1                      A bill to be entitled

  2         An act relating to trust funds; creating the

  3         Affordable Residential Accommodations Trust

  4         Fund within the Department of Health; providing

  5         for sources of moneys and purposes; providing

  6         for future review and termination or

  7         re-creation of the trust fund; providing a

  8         contingent effective date.

  9

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

11

12         Section 1.  The Affordable Residential Accommodations

13  Trust Fund is hereby created, to be administered by the

14  Department of Health.  Funds shall be credited to the trust

15  fund as provided in SB      or similar legislation, to be used

16  for the purposes set forth therein.

17         Section 2.  (1)  Pursuant to the provisions of Section

18  19(f)(2), Art. III of the State Constitution, the Affordable

19  Residential Accommodations Trust Fund shall, unless terminated

20  sooner, be terminated on October 1, 2003.

21         (2)  Prior to the regular legislative session

22  immediately preceding the date on which the trust fund is

23  scheduled to be terminated, the Department of Health and the

24  Governor shall recommend to the President of the Senate and

25  the Speaker of the House of Representatives whether the trust

26  fund should be allowed to terminate or should be re-created.

27  These recommendations shall be based on a review of the

28  purpose and use of the trust fund and a determination of

29  whether the trust fund will continue to be necessary.  A

30  recommendation to re-create the trust fund may include

31  suggested modifications to the purposes, sources of receipts,

                                  1

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






    Florida Senate - 2000                                   SB 304
    5-267-00                                             See HB 53




  1  and allowable expenditures for the trust fund.  The

  2  department's recommendation shall be made as a part of its

  3  legislative budget request to the Legislature pursuant to

  4  section 216.023, Florida Statutes.  The Governor's

  5  recommendation shall be made as a part of the recommended

  6  budget presented to the Legislature pursuant to section

  7  216.162, Florida Statutes.

  8         (3)  If the trust fund is terminated, the Department of

  9  Health shall pay any outstanding debts or obligations of the

10  trust fund as soon as practicable and the Comptroller shall

11  close out and remove the trust fund from the various state

12  accounting systems, using generally accepted accounting

13  practices concerning warrants outstanding, assets, and

14  liabilities.

15         Section 3.  This act shall take effect October 1, 2000,

16  if SB      or similar legislation adopted in the same

17  legislative session or an extension thereof becomes a law.

18

19            *****************************************

20                          SENATE SUMMARY

21    Creates the Affordable Residential Accommodations Trust
      Fund within the Department of Health, and provides for
22    its sources of moneys and purposes.  Provides for future
      review and termination or re-creation of the trust fund.
23

24

25

26

27

28

29

30

31

                                  2