Senate Bill sb1026

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    Florida Senate - 2004        (NP)                      SB 1026

    By Senator Webster





    309-502-04

  1                      A bill to be entitled

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

  3         Employment Security Administration Trust Fund

  4         within the Agency for Workforce Innovation

  5         without modification; carrying forward current

  6         balances and continuing current sources and

  7         uses thereof; providing an effective date.

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  9         WHEREAS, the Legislature wishes to extend the life of

10  the Employment Security Administration Trust Fund within the

11  Agency for Workforce Innovation, which is otherwise scheduled

12  to be terminated pursuant to constitutional mandate, and

13         WHEREAS, the Legislature has reviewed the trust fund

14  before its scheduled termination date and has found that it

15  continues to meet an important public purpose, and

16         WHEREAS, the Legislature has found that existing public

17  policy concerning the trust fund sets adequate parameters for

18  its use, NOW, THEREFORE,

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

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22         Section 1.  (1)  The Employment Security Administration

23  Trust Fund within the Agency for Workforce Innovation, FLAIR

24  number 75-2-195, which is to be terminated pursuant to Section

25  19(f), Article III of the State Constitution on November 4,

26  2004, is re-created.

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

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

29  are continued.

30         Section 2.  This act shall take effect November 4,

31  2004.

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    Florida Senate - 2004        (NP)                      SB 1026
    309-502-04




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 2                          SENATE SUMMARY

 3    Re-creates the Employment Security Administration Trust
      Fund within the Agency for Workforce Innovation.
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