Senate Bill sb0020E

    Florida Senate - 2003                                  SB 20-E

    By Senator Pruitt





    28-656-04

  1                      A bill to be entitled

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

  3         Biomedical Research Trust Fund within the

  4         Department of Health without modification;

  5         carrying forward current balances and

  6         continuing current sources and uses thereof;

  7         repealing s. 20.435(1)(h)3., F.S.; abrogating

  8         provisions relating to the termination of the

  9         trust fund, to conform; providing an effective

10         date.

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12         WHEREAS, the Legislature wishes to extend the life of

13  the Biomedical Research Trust Fund within the Department of

14  Health, which is otherwise scheduled to be terminated pursuant

15  to constitutional mandate, and

16         WHEREAS, the Legislature has reviewed the trust fund

17  before its scheduled termination date and has found that it

18  continues to meet an important public purpose, and

19         WHEREAS, the Legislature has found that existing public

20  policy concerning the trust fund sets adequate parameters for

21  its use, NOW, THEREFORE,

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

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25         Section 1.  (1)  The Biomedical Research Trust Fund

26  within the Department of Health, FLAIR number 64-2-245, which

27  is to be terminated pursuant to Section 19(f), Article III of

28  the State Constitution on July 1, 2004, is re-created.

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

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

31  are continued.

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    Florida Senate - 2003                                  SB 20-E
    28-656-04




 1         Section 2.  Subparagraph 3. of paragraph (h) of

 2  subsection (1) of section 20.435, Florida Statutes, is

 3  repealed.

 4         Section 3.  This act shall take effect July 1, 2004.

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 7                          SENATE SUMMARY

 8    Re-creates the Biomedical Research Trust Fund within the
      Department of Health.
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CODING: Words stricken are deletions; words underlined are additions.