Senate Bill sb0856
CODING: Words stricken are deletions; words underlined are additions.
Florida Senate - 2002 (NP) SB 856
By Senator Clary
309-992-02
1 A bill to be entitled
2 An act relating to trust funds; re-creating the
3 Professional Sports Development Trust Fund
4 within the Executive Office of the Governor
5 without modification; carrying forward current
6 balances and continuing current sources and
7 uses thereof; providing an effective date.
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9 WHEREAS, the Legislature wishes to extend the life of
10 the Professional Sports Development Trust Fund within the
11 Executive Office of the Governor, which is otherwise scheduled
12 to be 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 Professional Sports Development
23 Trust Fund within the Executive Office of the Governor, FLAIR
24 number 31-2-551, which is to be terminated pursuant to Section
25 19(f), Article III of the State Constitution on November 4,
26 2004, is 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 Senate - 2002 (NP) SB 856
309-992-02
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2 SENATE SUMMARY
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Re-creates the Professional Sports Development Trust Fund
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