| HOUSE AMENDMENT |
| Bill No. HB 23A |
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CHAMBER ACTION |
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Representative Green offered the following: |
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Amendment (with title amendment) |
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Between line(s) 1121 and 1122, insert: |
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Section 50. In order to implement Specific Appropriations |
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137-600 of the 2003-2004 General Appropriations Act containing |
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Tobacco Settlement Trust Fund moneys, paragraph (d) of |
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subsection (3) of section 215.5601, Florida Statutes, is amended |
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to read: |
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215.5601 Lawton Chiles Endowment Fund.-- |
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(3) LAWTON CHILES ENDOWMENT FUND; CREATION; PRINCIPAL.-- |
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(d) For fiscal year 2001-2002, $150 million of the |
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existing principal in the endowment shall be reserved and |
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accounted for within the endowment, the income from which shall |
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be used solely for the funding for biomedical research |
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activities as provided in s. 215.5602. However, for the 2003- |
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2004 fiscal year only, the income on $150 million of the |
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existing principal in the endowment shall be deposited into the |
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Tobacco Settlement Trust Fund.The income from the remaining |
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principal shall be used solely as the source of funding for |
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health and human services programs for children and elders as |
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provided in subsection (5). The separate account for biomedical |
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research shall be dissolved and the entire principal in the |
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endowment shall be used exclusively for health and human |
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services programs when cures have been found for tobacco-related |
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cancer, heart, and lung disease. |
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Section 51. The amendment of paragraph (d) of subsection |
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(3) of s. 215.5601, Florida Statutes, by this act shall expire |
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on July 1, 2004, and the text of that paragraph shall revert to |
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that in existence on June 30, 2003, except that any amendments |
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to such text enacted other than by this act shall be preserved |
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and continue to operate to the extent that such amendments are |
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not dependent upon the portions of such text which expire |
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pursuant to the provisions of this act. |
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================= T I T L E A M E N D M E N T ================= |
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Between line(s) 120 and 121, insert: |
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amending s. 215.5601, F.S.; redirects income from a |
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portion of the existing principal in the Lawton Chiles |
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Endowment Fund to the Tobacco Settlement Trust Fund for |
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the 2003-2004 fiscal year only; |