House Bill hb1745

    Florida House of Representatives - 2002                HB 1745

        By the Committee on Transportation & Economic Development
    Appropriations and Representative Johnson





  1                      A bill to be entitled

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

  3         Economic Development Trust Fund within the

  4         Executive Office of the Governor 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 Economic Development Trust Fund within the Executive

11  Office of the Governor, which is otherwise scheduled to be

12  terminated pursuant to constitutional mandate, 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 Economic Development Trust Fund

23  within the Executive Office of the Governor, FLAIR number

24  31-2-177, which is to be terminated pursuant to Section 19(f),

25  Article III of the State Constitution on November 4, 2004, is

26  re-created.

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

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

29  are continued.

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

31  2004.

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






    Florida House of Representatives - 2002                HB 1745

    612-196-02






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  2                          SENATE SUMMARY

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      Re-creates the Economic Development Trust Fund within the
  4    Executive Office of the Governor.

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