Senate Bill sb1028

    Florida Senate - 2004        (NP)                      SB 1028

    By Senator Webster





    309-503-04

  1                      A bill to be entitled

  2         An act relating to trust funds; terminating and

  3         re-creating the Welfare Transition 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; repealing s. 445.0325(5), F.S.;

  8         abrogating provisions relating to the

  9         termination of the trust fund, to conform;

10         providing an effective date.

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12         WHEREAS, the Legislature wishes to extend the life of

13  the Welfare Transition Trust Fund within the Agency for

14  Workforce Innovation, which is otherwise scheduled to be

15  terminated pursuant 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 Welfare Transition Trust Fund

26  within the Agency for Workforce Innovation, FLAIR number

27  75-2-401, which is to be terminated pursuant to Section 19(f),

28  Article III of the State Constitution on July 1, 2005, unless

29  terminated sooner by law, is terminated on November 4, 2004,

30  and re-created.

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CODING: Words stricken are deletions; words underlined are additions.






    Florida Senate - 2004        (NP)                      SB 1028
    309-503-04




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

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

 3  are continued.

 4         Section 2.  Subsection (5) of section 445.0325, Florida

 5  Statutes, is repealed.

 6         Section 3.  This act shall take effect November 4,

 7  2004.

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10                          SENATE SUMMARY

11    Terminates and re-creates the Welfare Transition Trust
      Fund within the Agency for Workforce Innovation in order
12    to synchronize its review cycle with other trust funds of
      the agency.
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CODING: Words stricken are deletions; words underlined are additions.