Senate Bill sb0544

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    Florida Senate - 2001        (NP)                       SB 544

    By Senator Clary





    309-174-01

  1                      A bill to be entitled

  2         An act relating to the re-creation of the

  3         Lottery Administrative Trust Fund without

  4         modification; re-creating the Lottery

  5         Administrative Trust Fund; carrying forward

  6         current balances and continuing current sources

  7         and uses thereof; providing an effective date.

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  9         WHEREAS, the Legislature wishes to extend the life of

10  the Lottery Administrative Trust Fund, which is otherwise

11  scheduled to be terminated pursuant to constitutional mandate,

12  and

13         WHEREAS, the Legislature has reviewed the trust fund

14  before its scheduled termination date and has found that it

15  continues to meet an important public purpose, and

16         WHEREAS, the Legislature has found that existing public

17  policy concerning the trust fund sets adequate parameters for

18  its use, NOW, THEREFORE,

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

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22         Section 1.  (1)  The Administrative Trust Fund within

23  the Department of the Lottery, FLAIR Number 36-2-021, which is

24  to be terminated pursuant to Section 19(f), Article III of the

25  State Constitution on November 4, 2004, is re-created.

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

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

28  are continued.

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

30  2004.

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    Florida Senate - 2001        (NP)                       SB 544
    309-174-01




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  2                          SENATE SUMMARY

  3    Re-creates without modification the Administrative Trust
      Fund within the Department of the Lottery.
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CODING: Words stricken are deletions; words underlined are additions.