Senate Bill sb0890

    Florida Senate - 2002        (NP)                       SB 890

    By Senator Clary





    309-974-02

  1                      A bill to be entitled

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

  3         Security Deposits Trust Fund within the

  4         Department of Highway Safety and Motor Vehicles

  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 Security Deposits Trust Fund within the Department of

11  Highway Safety and Motor Vehicles, which was declared to be

12  exempt from the automatic termination provisions of the State

13  Constitution by section 1(2)(d) of chapter 94-41, Laws of

14  Florida, but which after Legislature review has been found not

15  to be exempt from such provisions, and

16         WHEREAS, the Legislature has found that the trust fund

17  continues to meet an important public purpose, and

18         WHEREAS, the Legislature has found that existing public

19  policy concerning the trust fund sets adequate parameters for

20  its use and that the trust fund should be re-created, NOW,

21  THEREFORE,

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

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25         Section 1.  (1)  The Security Deposits Trust Fund

26  within the Department of Highway Safety and Motor Vehicles,

27  FLAIR number 76-2-625, which was declared to be exempt from

28  the automatic termination provisions of the State Constitution

29  by section 1(2)(d) of chapter 94-41, Laws of Florida, is not

30  exempt from such automatic-termination and is re-created.

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






    Florida Senate - 2002        (NP)                       SB 890
    309-974-02




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

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

  3  are continued.

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

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  7                          SENATE SUMMARY

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      Re-creates the Security Deposits Trust Fund within the
  9    Department of Highway Safety and Motor Vehicles.

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