Senate Bill sb0852
CODING: Words stricken are deletions; words underlined are additions.
Florida Senate - 2004 (NP) SB 852
By Senator Clary
309-532A-04
1 A bill to be entitled
2 An act relating to trust funds; re-creating the
3 Regulatory Trust Fund within the Office of
4 Financial Institutions and Securities
5 Regulation without modification; carrying
6 forward current balances and continuing current
7 sources and uses thereof; providing an
8 effective date.
9
10 WHEREAS, the Legislature wishes to extend the life of
11 the Regulatory Trust Fund within the Office of Financial
12 Institutions and Securities Regulation, which is otherwise
13 scheduled to be terminated pursuant to constitutional mandate,
14 and
15 WHEREAS, the Legislature has reviewed the trust fund
16 before its scheduled termination date and has found that it
17 continues to meet an important public purpose, and
18 WHEREAS, the Legislature has found that existing public
19 policy concerning the trust fund sets adequate parameters for
20 its use, NOW, THEREFORE,
21
22 Be It Enacted by the Legislature of the State of Florida:
23
24 Section 1. (1) The Regulatory Trust Fund within the
25 Office of Financial Institutions and Securities Regulation,
26 FLAIR number 43-2-573, which is to be terminated pursuant to
27 Section 19(f), Article III of the State Constitution on
28 November 4, 2004, is re-created.
29 (2) All current balances of the trust fund are carried
30 forward, and all current sources and uses of the trust fund
31 are continued.
1
CODING: Words stricken are deletions; words underlined are additions.
Florida Senate - 2004 (NP) SB 852
309-532A-04
1 Section 2. This act shall take effect November 4,
2 2004.
3
4 *****************************************
5 SENATE SUMMARY
6 Re-creates the Regulatory Trust Fund within the Office of
Financial Institutions and Securities Regulation.
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
2
CODING: Words stricken are deletions; words underlined are additions.