| 1 | A bill to be entitled |
| 2 | An act relating to trust funds; creating s. 570.209, F.S.; |
| 3 | creating the Rural Lands Program Trust Fund within the |
| 4 | Department of Agriculture and Consumer Services; providing |
| 5 | for sources of funds and purposes; providing for an annual |
| 6 | carryforward of funds; providing for future legislative |
| 7 | review and termination or re-creation of the trust fund; |
| 8 | providing a contingent effective date. |
| 9 |
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| 10 | Be It Enacted by the Legislature of the State of Florida: |
| 11 |
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| 12 | Section 1. Section 570.209, Florida Statutes, is created |
| 13 | to read: |
| 14 | 570.209 Rural Lands Program Trust Fund.-- |
| 15 | (1) The Rural Lands Program Trust Fund is created within |
| 16 | the Department of Agriculture and Consumer Services. The purpose |
| 17 | of the trust fund is to receive funds pursuant to s. |
| 18 | 201.15(1)(d) to pay debt service on bonds issued pursuant to s. |
| 19 | 215.6195. |
| 20 | (2) Notwithstanding s. 216.301 and pursuant to s. 216.351, |
| 21 | any balance in the trust fund at the end of any fiscal year |
| 22 | shall remain in the trust fund at the end of the year and shall |
| 23 | be available for carrying out the purposes of the trust fund. |
| 24 | (3) Pursuant to s. 19(f)(2), Art. III of the State |
| 25 | Constitution, the trust fund shall, unless terminated sooner, be |
| 26 | terminated on July 1, 2008. Prior to its scheduled termination, |
| 27 | the trust fund shall be reviewed as provided in s. 215.3206(1) |
| 28 | and (2). |
| 29 | Section 2. This act shall take effect July 1, 2004, if |
| 30 | House Bill 1657 or similar legislation is adopted in the same |
| 31 | legislative session or an extension thereof and becomes law. |