Senate Bill 0648

    Florida Senate - 2000        (NP)                       SB 648

    By Senator Brown-Waite





    309-491-00

  1                      A bill to be entitled

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

  3         Department of Veterans' Affairs Tobacco

  4         Settlement Trust Fund within the department

  5         without modification; carrying forward current

  6         balances and continuing current sources and

  7         uses thereof; repealing s. 292.085, F.S.;

  8         abrogating future termination of the trust

  9         fund; providing an effective date.

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11         WHEREAS, the Legislature wishes to extend the life of

12  the Department of Veterans' Affairs Tobacco Settlement Trust

13  Fund within the department, which is otherwise scheduled to be

14  terminated pursuant to 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,

21

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

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24         Section 1.  (1)  The Department of Veterans' Affairs

25  Tobacco Settlement Trust Fund within the department, FLAIR

26  number 51-2-122, which is to be terminated pursuant to Section

27  19(f), Article III of the State Constitution on July 1, 2003,

28  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.






    Florida Senate - 2000        (NP)                       SB 648
    309-491-00




  1         Section 2.  Subsection (3) of section 292.085, Florida

  2  Statutes, is repealed.

  3         Section 3.  This act shall take effect November 4,

  4  2000.

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  7                          SENATE SUMMARY

  8    Re-creates the Department of Veterans' Affairs Tobacco
      Settlement Trust Fund within the department.
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