Senate Bill sb0814
CODING: Words stricken are deletions; words underlined are additions.
Florida Senate - 2004 (NP) SB 814
By Senator Clary
309-513-04
1 A bill to be entitled
2 An act relating to trust funds; terminating and
3 re-creating the Workers' Compensation
4 Administration Trust Fund within the Department
5 of Business and Professional Regulation without
6 modification; carrying forward current balances
7 and continuing current sources and uses
8 thereof; repealing s. 440.501(3), F.S.;
9 abrogating provisions relating to termination
10 of the trust fund, to conform; providing an
11 effective date.
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13 WHEREAS, the Legislature wishes to extend the life of
14 the Workers' Compensation Administration Trust Fund within the
15 Department of Business and Professional Regulation, which is
16 otherwise scheduled to be terminated pursuant to
17 constitutional mandate, and
18 WHEREAS, the Legislature has reviewed the trust fund
19 before its scheduled termination date and has found that it
20 continues to meet an important public purpose, and
21 WHEREAS, the Legislature has found that existing public
22 policy concerning the trust fund sets adequate parameters for
23 its use, NOW, THEREFORE,
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25 Be It Enacted by the Legislature of the State of Florida:
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27 Section 1. (1) The Workers' Compensation
28 Administration Trust Fund within the Department of Business
29 and Professional Regulation, FLAIR number 79-2-795, which is
30 to be terminated pursuant to Section 19(f), Article III of the
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CODING: Words stricken are deletions; words underlined are additions.
Florida Senate - 2004 (NP) SB 814
309-513-04
1 State Constitution on July 1, 2006, unless terminated sooner
2 by law, is terminated on November 4, 2004, and re-created.
3 (2) All current balances of the trust fund are carried
4 forward, and all current sources and uses of the trust fund
5 are continued.
6 Section 2. Subsection (3) of section 440.501, Florida
7 Statutes, is repealed.
8 Section 3. This act shall take effect November 4,
9 2004.
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12 SENATE SUMMARY
13 Terminates and re-creates the Workers' Compensation
Administration Trust Fund within the Department of
14 Business and Professional Regulation in order to
synchronize its review cycle with other trust funds of
15 the department.
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CODING: Words stricken are deletions; words underlined are additions.