Senate Bill 0638

    Florida Senate - 2000        (NP)                       SB 638

    By Senator Brown-Waite





    309-567-00                                              See HB

  1                      A bill to be entitled

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

  3         Florida Endowment for Vocational Rehabilitation

  4         Fund within the State Board of Administration

  5         without modification; carrying forward current

  6         balances and continuing current sources and

  7         uses thereof; providing an effective date.

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  9         WHEREAS, the Legislature wishes to extend the life of

10  the Florida Endowment for Vocational Rehabilitation Fund

11  within the State Board of Administration, which is otherwise

12  scheduled to be terminated pursuant to constitutional mandate,

13  and

14         WHEREAS, the Legislature has reviewed the trust fund

15  before its scheduled termination date and has found that it

16  continues to meet an important public purpose, and

17         WHEREAS, the Legislature has found that existing public

18  policy concerning the trust fund sets adequate parameters for

19  its use, NOW, THEREFORE,

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

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23         Section 1.  (1)  The Florida Endowment for Vocational

24  Rehabilitation Fund within the State Board of Administration,

25  which is to be terminated pursuant to Section 19(f), Article

26  III of the State Constitution on November 4, 2000, is

27  re-created.

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

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

30  are continued.

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






    Florida Senate - 2000        (NP)                       SB 638
    309-567-00                                              See HB




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

  2  2000.

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  5                          HOUSE SUMMARY

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      Re-creates the Florida Endowment for Vocational
  7    Rehabilitation Fund within the State Board of
      Administration.
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