Senate Bill sb0016A

CODING: Words stricken are deletions; words underlined are additions.
    Florida Senate - 2003                                  SB 16-A

    By Senator Webster





    9-2563B-03

  1                      A bill to be entitled

  2         An act relating to trust funds; terminating

  3         specified trust funds within the Department of

  4         State and the Department of Transportation;

  5         providing for disposition of balances in and

  6         revenues of those trust funds; repealing s.

  7         15.09(4) and (5), F.S., relating to the

  8         Corporations Trust Fund and the Public Access

  9         Data Systems Trust Fund; repealing ss. 607.1901

10         and 607.19011, F.S., relating to the

11         Corporations Trust Fund; amending ss. 607.193,

12         617.1901, 620.183, and 865.09, F.S; deleting

13         references to the Corporations Trust Fund;

14         providing for deposit of certain moneys into

15         the General Revenue Fund; providing for

16         construction of the act in pari materia with

17         laws enacted during the Regular Session of the

18         Legislature; providing an effective date.

19  

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

21  

22         Section 1.  (1)  The following trust funds within the

23  following departments are terminated:

24         (a)  Within the Department of State:

25         1.  The Corporations Trust Fund, FLAIR number 45-2-130.

26         2.  The Public Access Data Systems Trust Fund, FLAIR

27  number 45-2-542.

28         (b)  Within the Department of Transportation, the

29  Turnpike Controlled Access Trust Fund, FLAIR number 55-2-334.

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    Florida Senate - 2003                                  SB 16-A
    9-2563B-03




 1         (2)  Unless otherwise provided, all current balances

 2  remaining in, and all revenues of, each trust fund terminated

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

 4         (3)  For each trust fund terminated by this act, the

 5  agency that administers the trust fund shall pay any

 6  outstanding debts and obligations of the terminated fund as

 7  soon as practicable, and the Chief Financial Officer shall

 8  close out and remove the terminated fund from the various

 9  state accounting systems using generally accepted accounting

10  principles concerning warrants outstanding, assets, and

11  liabilities.

12         Section 2.  Subsections (4) and (5) of section 15.09,

13  Florida Statutes, are repealed.

14         Section 3.  Sections 607.1901 and 607.19011, Florida

15  Statutes, are repealed.

16         Section 4.  Subsection (3) of section 607.193, Florida

17  Statutes, is amended to read:

18         607.193  Supplemental corporate fee.--

19         (3)  The Department of State shall adopt rules and

20  prescribe forms necessary to carry out the purposes of this

21  section. Notwithstanding s. 607.1901, Proceeds from the

22  supplemental corporate fee, including any late charges, shall

23  be deposited into the General Revenue Fund.

24         Section 5.  Section 617.1901, Florida Statutes, is

25  amended to read:

26         617.1901  Distributions Corporations Trust Fund.--All

27  funds required to be paid to the Division of Corporations

28  under this act shall be deposited into the General Revenue

29  Corporations Trust Fund as created by s. 607.1901, and shall

30  be administered and disposed of in accordance therewith.

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    Florida Senate - 2003                                  SB 16-A
    9-2563B-03




 1         Section 6.  Section 620.183, Florida Statutes, is

 2  amended to read:

 3         620.183  Disposition of moneys collected.--The

 4  Department of State shall pay into the General Revenue

 5  Corporations Trust Fund all moneys collected under the

 6  provisions of this act.

 7         Section 7.  Subsection (13) of section 865.09, Florida

 8  Statutes, is amended to read:

 9         865.09  Fictitious name registration.--

10         (13)  DEPOSIT OF FUNDS.--All funds required to be paid

11  to the Department of State pursuant to this section shall be

12  collected and deposited into the General Revenue Corporations

13  Trust Fund.

14         Section 8.  If any law that is amended by this act was

15  also amended by a law enacted at the 2003 Regular Session of

16  the Legislature, such laws shall be construed as if they had

17  been enacted during the same session of the Legislature, and

18  full effect should be given to each if that is possible.

19         Section 9.  This act shall take effect July 1, 2003.

20  

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22                          SENATE SUMMARY

23    Terminates certain trust funds within the Department of
      State and the Department of Transportation. Provides for
24    disposition of the balances in the trust funds. (See bill
      for details.)
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