Senate Bill sb0914

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    Florida Senate - 2002        (NP)                       SB 914

    By Senator Clary





    309-999-02

  1                      A bill to be entitled

  2         An act relating to trust funds; terminating or

  3         exempting from termination specified trust

  4         funds administered by state general-government

  5         agencies; repealing s. 121.095(3), F.S., which

  6         declares the Florida Retirement System

  7         Preservation of Benefits Plan Trust Fund to be

  8         exempt from termination; providing an effective

  9         date.

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

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13         Section 1.  (1)  The following trust funds administered

14  by the following agencies are terminated:

15         (a)  With the Executive Office of the Governor:

16         1.  The Black Contractors Bond Trust Fund, FLAIR number

17  31-2-056.

18         2.  The Florida Investment Incentive Trust Fund, FLAIR

19  number 31-2-293.

20         (b)  Within the Department of Management Services:

21         1.  The Social Security Contribution Trust Fund, FLAIR

22  number 72-2-638.

23         2.  The State Employee Child Care Revolving Trust Fund,

24  FLAIR number 72-2-670.

25         (2)  Unless otherwise provided, all current balances

26  remaining in, and all revenues of, the trust funds terminated

27  by this act shall be transferred to the General Revenue Fund.

28         (3)  For each trust fund and fund account terminated by

29  this act, the agency that administers the trust fund or fund

30  account shall pay any outstanding debts or obligations of the

31  terminated fund or account as soon as practicable, and the

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    Florida Senate - 2002        (NP)                       SB 914
    309-999-02




  1  Comptroller shall close out and remove the terminated fund or

  2  account from the various state accounting systems using

  3  generally accepted accounting principles concerning warrants

  4  outstanding, assets, and liabilities.

  5         Section 2.  The Legislature finds that the following

  6  trust funds administered by the following agencies are exempt

  7  from termination pursuant to Section 19(f), Article III of the

  8  State Constitution:

  9         (a)  Within the Department of Transportation

10         1.  The Central Florida Beltway Trust Fund, FLAIR

11  number 55-2-074.

12         2.  The Everglades Parkway Construction Trust Fund,

13  FLAIR number 55-2-199.

14         3.  The Turnpike Controlled Access Trust Fund, FLAIR

15  number 55-2-334.

16         4.  The Turnpike Renewals and Replacement Trust Fund,

17  FLAIR number 55-2-324.

18         5.  The Turnpike General Reserve Trust Fund, FLAIR

19  number 55-2-326.

20         6.  The Turnpike Bond Construction Trust Fund, FLAIR

21  number 55-2-340.

22         7.  The Jacksonville Transportation Authority Project

23  Construction Trust Fund, FLAIR number 55-2-413.

24         8.  The Jefferson County 1992 Project Construction

25  Trust Fund, FLAIR number 55-2-418.

26         9.  The State Transportation Trust Fund, FLAIR number

27  55-2-540.

28         10.  The Right-of-Way Acquisition and Bridge

29  Construction Trust Fund, FLAIR number 55-2-586.

30         (b)  Within the Department of Highway Safety and Motor

31  Vehicles:

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    Florida Senate - 2002        (NP)                       SB 914
    309-999-02




  1         1.  The Civil Fines Clearing Trust Fund, FLAIR number

  2  76-2-094.

  3         2.  The International Registration Clearing Trust Fund,

  4  FLAIR number 76-2-410.

  5         3.  The License Tax Collection Trust Fund, FLAIR number

  6  76-2-452.

  7         4.  The Motor Vehicle License Clearing Trust Fund,

  8  FLAIR number 76-2-488.

  9         (c)  Within the Department of Management Services:

10         1.  The Florida Retirement System Trust Fund, FLAIR

11  number 72-2-309.

12         2.  The Florida Facilities Pool Clearing Trust Fund,

13  FLAIR number 72-2-313.

14         3.  The Institute of Food and Agricultural Sciences

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

16         4.  The Senior Management Service Optional Annuity

17  Program Trust Fund, FLAIR number 72-2-515.

18         5.  The Optional Retirement Program Trust Fund, FLAIR

19  number 72-2-517.

20         6.  The Police and Firefighters' Premium Tax Trust

21  Fund, FLAIR number 72-2-532.

22         7.  The State Employees Life Insurance Trust Fund,

23  FLAIR number 72-2-667.

24         8.  The State Employees Health Insurance Trust Fund,

25  FLAIR number 72-2-668.

26         9.  The State Employees Disability Insurance Trust

27  Fund, FLAIR number 72-2-671.

28         10.  The State Employees Savings Bonds Trust Fund,

29  FLAIR number 72-2-674.

30         11.  The Florida Retirement System Preservation of

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

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    Florida Senate - 2002        (NP)                       SB 914
    309-999-02




  1         Section 3.  Subsection (3) of section 121.095, Florida

  2  Statutes, is repealed.

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

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  6                          SENATE SUMMARY

  7    Terminates and exempts from termination specified trust
      funds of state general-government agencies.
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