Senate Bill sb0806

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    Florida Senate - 2003                                   SB 806

    By Senator Carlton





    309-445-03

  1                      A bill to be entitled

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

  3         Trust Fund for Major Gifts within the

  4         Department of Education without modification;

  5         carrying forward current balances and

  6         continuing current sources and uses thereof;

  7         providing an effective date.

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  9         WHEREAS, the Legislature wishes to extend the life of

10  the Trust Fund for Major Gifts within the Department of

11  Education, which is otherwise scheduled to be terminated

12  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,

19  

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

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22         Section 1.  (1)  The Trust Fund for Major Gifts within

23  the Department of Education, FLAIR number 49-2-483, which is

24  to be terminated pursuant to Section 19(f), Article III of the

25  State Constitution on November 4, 2004, is re-created.

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

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

28  are continued.

29         Section 2.  This act shall take effect November 4,

30  2004.

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    Florida Senate - 2003                                   SB 806
    309-445-03




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 2                          SENATE SUMMARY

 3    Re-creates the Trust Fund for Major Gifts within the
      Department of Education.
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CODING: Words stricken are deletions; words underlined are additions.