Senate Bill sb0010E
CODING: Words stricken are deletions; words underlined are additions.
Florida Senate - 2002 SB 10-E
By Senator Clary
309-2374-02
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 an
9 effective date.
10
11 Be It Enacted by the Legislature of the State of Florida:
12
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 section 216.301,
25 Florida Statutes, and pursuant to section 216.351, Florida
26 Statutes, any balance in the trust fund at the end of any
27 fiscal year shall remain in the trust fund at the end of the
28 year and shall be available for carrying out the purposes of
29 the trust fund.
30 (3) Pursuant to the provisions of Section 19(f)(2),
31 Article III of the State Constitution, the trust fund shall,
1
CODING: Words stricken are deletions; words underlined are additions.
Florida Senate - 2002 SB 10-E
309-2374-02
1 unless terminated sooner, be terminated on July 1, 2006.
2 Prior to its scheduled termination, the trust fund shall be
3 reviewed as provided in section 215.3206, Florida Statutes.
4 Section 2. This act shall take effect July 1, 2002.
5
6 *****************************************
7 LEGISLATIVE SUMMARY
8
Creates the Workers' Compensation Administration Trust
9 Fund within the Department of Education. Provides for
purposes and sources of funds. Provides for annual
10 carryforward of fund balances. Provides for future review
and termination or re-creation of the trust fund.
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
2
CODING: Words stricken are deletions; words underlined are additions.