Senate Bill sb1694
CODING: Words stricken are deletions; words underlined are additions.
Florida Senate - 2004 SB 1694
By Senator Clary
309-1273-04
1 A bill to be entitled
2 An act relating to trust funds; re-creating the
3 Workers' Compensation Administration Trust Fund
4 within the Office of Insurance Regulation
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 Workers' Compensation Administration Trust Fund within the
11 Office of Insurance Regulation, 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 Workers' Compensation
23 Administration Trust Fund within the Office of Insurance
24 Regulation, FLAIR number 43-2-795, which is to be terminated
25 pursuant to Section 19(f), Article III of the State
26 Constitution on November 4, 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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CODING: Words stricken are deletions; words underlined are additions.
Florida Senate - 2004 SB 1694
309-1273-04
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2 SENATE SUMMARY
3 Re-creates the Workers' Compensation Administration Trust
Fund within the Office of Insurance Regulation.
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CODING: Words stricken are deletions; words underlined are additions.