Senate Bill sb0588

CODING: Words stricken are deletions; words underlined are additions.
    Florida Senate - 2001        (NP)                       SB 588

    By Senator Clary





    309-241-01                                              See HB

  1                      A bill to be entitled

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

  3         Surplus Property Revolving Trust Fund within

  4         the Department of Management Services without

  5         modification; carrying forward current balances

  6         and continuing current sources and uses

  7         thereof; providing an effective date.

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  9         WHEREAS, the Legislature wishes to extend the life of

10  the Surplus Property Revolving Trust Fund within the

11  Department of Management Services, 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 Surplus Property Revolving Trust

24  Fund within the Department of Management Services, FLAIR

25  number 72-2-699, which is to be terminated pursuant to Section

26  19(f), Article III of the State Constitution on November 4,

27  2004, is 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 - 2001        (NP)                       SB 588
    309-241-01                                              See HB




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

  2  2004.

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  5                          HOUSE SUMMARY

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      Re-creates the Surplus Property Revolving Trust Fund
  7    within the Department of Management Services.

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