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| 1 | A bill to be entitled | ||
| 2 | An act relating to unclaimed lottery prize money; | ||
| 3 | requiring that specified unclaimed prize money be | ||
| 4 | transferred to the Educational Enhancement Trust Fund; | ||
| 5 | providing an appropriation from the trust fund to | ||
| 6 | community colleges as matching funds for certain private | ||
| 7 | donations; providing an appropriation from the trust fund | ||
| 8 | to state universities as matching funds for certain | ||
| 9 | private donations; providing for the allocation of such | ||
| 10 | funds; providing an effective date. | ||
| 11 | |||
| 12 | Be It Enacted by the Legislature of the State of Florida: | ||
| 13 | |||
| 14 | Section 1. Notwithstanding the provisions of section | ||
| 15 | 24.115(2), Florida Statutes, the prize money associated with the | ||
| 16 | Lotto drawing of March 12, 2003, which had not been claimed by | ||
| 17 | September 8, 2003, shall be transferred to the Educational | ||
| 18 | Enhancement Trust Fund. | ||
| 19 | Section 2. The sum of $6,179,148 is appropriated from the | ||
| 20 | Educational Enhancement Trust Fund for the 2003-2004 fiscal year | ||
| 21 | to community colleges as matching funds for private donations | ||
| 22 | received under the matching gifts program established in section | ||
| 23 | 1011.85, Florida Statutes. These funds shall be allocated among | ||
| 24 | the community colleges based on each community college's pro | ||
| 25 | rata share of the total unmatched private donations received as | ||
| 26 | of October 14, 2003. | ||
| 27 | Section 3. The sum of $23,968,799 is appropriated from the | ||
| 28 | Educational Enhancement Trust Fund for the 2003-2004 fiscal year | ||
| 29 | to state universities as matching funds for private donations | ||
| 30 | received under the major gifts program established in section | ||
| 31 | 1011.94, Florida Statutes. These funds shall be allocated among | ||
| 32 | the universities based on each university's pro rata share of | ||
| 33 | the total unmatched private donations received as of September | ||
| 34 | 30, 2003. | ||
| 35 | Section 4. This act shall take effect upon becoming a law. | ||