Senate Bill sb2650

    Florida Senate - 2004                                  SB 2650

    By Senator Clary





    4-1810-04

  1                      A bill to be entitled

  2         An act relating to the Lake Okeechobee

  3         Protection Trust Fund; creating s. 570.206,

  4         F.S.; creating the Lake Okeechobee Protection

  5         Trust Fund within the Department of Agriculture

  6         and Consumer Services; providing sources of

  7         funds and purposes; providing for annual

  8         carryforward of funds; providing for future

  9         review and termination or re-creation of the

10         trust fund; providing an effective date.

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

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14         Section 1.  Section 570.206, Florida Statutes, is

15  created to read:

16         570.206  Lake Okeechobee Protection Trust Fund.--

17         (1)  The Lake Okeechobee Protection Trust Fund is

18  created within the Department of Agriculture and Consumer

19  Services.

20         (2)  Funds to be credited to the trust fund shall

21  consist of funds appropriated annually by the Legislature and

22  as provided for by general law. Funds shall be used solely for

23  the purposes set forth in s. 373.4595 and for related purposes

24  undertaken pursuant to ss. 373.451-373.459.

25         (3)  Notwithstanding s. 216.301 and pursuant to s.

26  216.351, any balance in the trust fund at the end of any

27  fiscal year shall remain in the trust fund at the end of the

28  year and shall be available for carrying out the purposes of

29  the trust fund.

30         (4)  In accordance with s. 19(f)(2), Art. III of the

31  State Constitution, the Lake Okeechobee Protection Trust Fund

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    Florida Senate - 2004                                  SB 2650
    4-1810-04




 1  shall, unless terminated sooner, be terminated on July 1,

 2  2008. Before its scheduled termination, the trust fund shall

 3  be reviewed as provided in s. 215.3206(1) and (2).

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

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 7                          SENATE SUMMARY

 8    Creates the Lake Okeechobee Protection Trust Fund within
      the Department of Agriculture and Consumer Services.
 9    Provides sources of funds and purposes. Provides for the
      annual carryforward of funds. Provides for future
10    legislative review and termination or re-creation of the
      trust fund.
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