Senate Bill 0612er

    ENROLLED

    2000 Legislature                                        SB 612



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

  3         Corporations Trust Fund within the Department

  4         of State without modification; carrying forward

  5         current balances and continuing current sources

  6         and uses thereof; providing an effective date.

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  8         WHEREAS, the Legislature wishes to extend the life of

  9  the Corporations Trust Fund within the Department of State,

10  which is otherwise scheduled to be terminated pursuant to

11  constitutional mandate, and

12         WHEREAS, the Legislature has reviewed the trust fund

13  before its scheduled termination date and has found that it

14  continues to meet an important public purpose, and

15         WHEREAS, the Legislature has found that existing public

16  policy concerning the trust fund sets adequate parameters for

17  its use, NOW, THEREFORE,

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

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21         Section 1.  (1)  The Corporations Trust Fund within the

22  Department of State, FLAIR number 45-2-130, which is to be

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

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

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

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

27  are continued.

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

29  2000.

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