Senate Bill sb0848

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    Florida Senate - 2003                                   SB 848

    By Senator Clary





    309-840-03

  1                      A bill to be entitled

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

  3         Minerals Trust Fund within the Department of

  4         Environmental Protection 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 Minerals Trust Fund within the Department of Environmental

11  Protection, 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 Minerals Trust Fund within the

23  Department of Environmental Protection, FLAIR number 37-2-499,

24  which is to be terminated pursuant to Section 19(f), Article

25  III of the State Constitution on November 4, 2004, is

26  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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    Florida Senate - 2003                                   SB 848
    309-840-03




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 2                          SENATE SUMMARY

 3    Re-creates the Minerals Trust Fund within the Department
      of Environmental Protection.
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