HB 0043E 2003
   
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.