House Bill hb1997

    Florida House of Representatives - 2002                HB 1997

        By the Fiscal Responsibility Council and Representative
    Johnson





  1                      A bill to be entitled

  2         An act relating to trust funds; creating the

  3         Workers' Compensation Administration Trust Fund

  4         within the Department of Education; providing

  5         for purposes and sources of funds; providing

  6         for annual carryforward of fund balances;

  7         providing for future review and termination or

  8         re-creation of the trust fund; providing a

  9         contingent effective date.

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

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13         Section 1.  Workers' Compensation Administration Trust

14  Fund within the Department of Education.--

15         (1)  The Workers' Compensation Administration Trust

16  Fund is created within the Department of Education, to be

17  administered by such department.  The trust fund shall be used

18  for the purpose of providing funds for the payment of all

19  expenses in respect to the administration of programs for the

20  rehabilitation and reemployment of injured workers, pursuant

21  to legislative appropriation or an approved amendment to the

22  department's operating budget pursuant to the provisions of

23  chapter 216, Florida Statutes.

24         (2)  Notwithstanding the provisions of s. 216.301 and

25  pursuant to s. 216.351, Florida Statutes, any balance in the

26  trust fund at the end of any fiscal year shall remain in the

27  trust fund at the end of the year and shall be available for

28  carrying out the purposes of the trust fund.

29         (3)  Pursuant to the provisions of s. 19(f)(2), Art.

30  III of the State Constitution, the trust fund shall, unless

31  terminated sooner, be terminated on July 1, 2006.  Prior to

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






    Florida House of Representatives - 2002                HB 1997

    187-965-02






  1  its scheduled termination, the trust fund shall be reviewed as

  2  provided in s. 215.3206, Florida Statutes.

  3         Section 2.  This act shall take effect July 1, 2002, if

  4  HB 1643 or similar legislation is adopted in the same

  5  legislative session or an extension thereof and becomes law.

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  8                          HOUSE SUMMARY

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      Creates the Workers' Compensation Administration Trust
10    Fund within the Department of Education.  Provides for
      purposes and sources of funds.  Provides for annual
11    carryforward of fund balances.  Provides for future
      review and termination or re-creation of the trust fund.
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CODING: Words stricken are deletions; words underlined are additions.