Senate Bill sb1270er

    ENROLLED

    2004 Legislature                 CS for SB 1270, 1st Engrossed



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  2         An act relating to the Pari-mutuel Wagering

  3         Trust Fund; amending s. 550.135, F.S.; revising

  4         the amount of unappropriated trust fund moneys

  5         required to be transferred to the credit of the

  6         General Revenue Fund; providing an effective

  7         date.

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

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11         Section 1.  Subsection (2) of section 550.135, Florida

12  Statutes, is amended to read:

13         550.135  Division of moneys derived under this

14  law.--All moneys that are deposited with the Chief Financial

15  Officer to the credit of the Pari-mutuel Wagering Trust Fund

16  shall be distributed as follows:

17         (2)  All unappropriated funds in excess of $1.5 $3.5

18  million in the Pari-mutuel Wagering Trust Fund shall be

19  deposited with the Chief Financial Officer to the credit of

20  the General Revenue Fund.

21         Section 2.  This act shall take effect July 1, 2004.

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