Senate Bill sb0892er

    ENROLLED

    2003 Legislature                                        SB 892



  1                                 

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

  3         Working Capital Trust Fund within the

  4         Department of Revenue without modification;

  5         carrying forward current balances and

  6         continuing current sources and uses thereof;

  7         providing an effective date.

  8  

  9         WHEREAS, the Legislature wishes to extend the life of

10  the Working Capital Trust Fund within the Department of

11  Revenue, 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:

21  

22         Section 1.  (1)  The Working Capital Trust Fund within

23  the Department of Revenue, FLAIR number 73-2-792, which is to

24  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.

31  


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