Senate Bill sb0618c1

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    Florida Senate - 2001                            CS for SB 618

    By the Committee on Appropriations and Senator Clary





    309-1429-01

  1                      A bill to be entitled

  2         An act relating to trust funds; terminating

  3         specified trust funds within the Department of

  4         Management Services and providing for the

  5         disposition of remaining balances and revenues;

  6         declaring the findings of the Legislature that

  7         specified trust funds within the Department of

  8         Management Services are exempt from the

  9         termination requirements of s. 19(f), Art. III

10         of the State Constitution; repealing s.

11         110.151(7), F.S., relating to reestablishment

12         of the State Employee Child Care Revolving

13         Trust Fund, to conform; providing effective

14         dates.

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

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18         Section 1.  Effective June 30, 2002, the State Employee

19  Child Care Revolving Trust Fund within the Department of

20  Management Services, FLAIR number 72-2-670, is terminated. The

21  remaining balance and revenues in this fund shall be deposited

22  in the State Personnel System Trust Fund, FLAIR number

23  72-2-678.

24         Section 2.  The Ringling Investment Trust Fund, FLAIR

25  number 72-2-412, is terminated. The remaining balance and

26  revenues in this fund shall be deposited in the General

27  Revenue Fund.

28         Section 3.  The Legislature finds that the following

29  trust funds within the Department of Management Services are

30  exempt from termination pursuant to Section 19(f), Article III

31  of the State Constitution:

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    Florida Senate - 2001                            CS for SB 618
    309-1429-01




  1         (1)  The Florida Retirement System Trust Fund, FLAIR

  2  number 72-2-309.

  3         (2)  The Florida Facilities Pool Clearing Trust Fund,

  4  FLAIR number 72-2-313.

  5         (3)  The Florida Retirement System Preservation of

  6  Benefits Plan Trust Fund, FLAIR number 72-2-345.

  7         (4)  The Institute of Food and Agricultural Sciences

  8  Supplemental Retirement Trust Fund, FLAIR number 72-2-379.

  9         (5)  The Senior Management Service Optional Annuity

10  Trust Fund, FLAIR number 72-2-515.

11         (6)  The Optional Retirement Program Trust Fund, FLAIR

12  number 72-2-517.

13         (7)  The Police and Firefighters' Premium Tax Trust

14  Fund, FLAIR number 72-2-532.

15         (8)  The Social Security Contribution Trust Fund, FLAIR

16  number 72-2-638.

17         (9)  The State Employees' Life Insurance Trust Fund,

18  FLAIR number 72-2-667.

19         (10)  The State Employees' Health Insurance Trust Fund,

20  FLAIR number 72-2-668.

21         (11)  The State Employees' Disability Insurance Trust

22  Fund, FLAIR number 72-2-671.

23         (12)  The State Employees' Savings Bond Trust Fund,

24  FLAIR number 72-2-674.

25         Section 4.  Effective June 30, 2002, subsection (7) of

26  section 110.151, Florida Statutes, is repealed.

27         Section 5.  Except as otherwise provided herein, this

28  act shall take effect July 1, 2001.

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    Florida Senate - 2001                            CS for SB 618
    309-1429-01




  1          STATEMENT OF SUBSTANTIAL CHANGES CONTAINED IN
                       COMMITTEE SUBSTITUTE FOR
  2                         Senate Bill 618

  3                                 

  4  The committee substitute terminates the Ringling Investment
    Trust Fund within the Department of Management Services.
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