Senate Bill 0588er

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





    ENROLLED

    2000 Legislature                                        SB 588



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  2         An act relating to trust funds; re-creating the

  3         Unemployment Compensation Trust Fund Clearing

  4         Account within the Department of Labor and

  5         Employment Security without modification;

  6         carrying forward current balances and

  7         continuing current sources and uses thereof;

  8         providing an effective date.

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10         WHEREAS, the Legislature wishes to extend the life of

11  the Unemployment Compensation Trust Fund Clearing Account

12  within the Department of Labor and Employment Security, which

13  is otherwise scheduled to be terminated pursuant to

14  constitutional mandate, and

15         WHEREAS, the Legislature has reviewed the trust fund

16  before its scheduled termination date and has found that it

17  continues to meet an important public purpose, and

18         WHEREAS, the Legislature has found that existing public

19  policy concerning the trust fund sets adequate parameters for

20  its use, NOW, THEREFORE,

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

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24         Section 1.  (1)  The Unemployment Compensation Trust

25  Fund Clearing Account within the Department of Labor and

26  Employment Security, FLAIR number 54-2-767, which is to be

27  terminated pursuant to Section 19(f), Article III of the State

28  Constitution on November 4, 2000, is re-created.

29         (2)  All current balances of the trust fund are carried

30  forward, and all current sources and uses of the trust fund

31  are continued.


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




    ENROLLED

    2000 Legislature                                        SB 588



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

  2  2000.

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