Senate Bill sb0858

    Florida Senate - 2004        (NP)                       SB 858

    By Senator Peaden





    309-421-04

  1                      A bill to be entitled

  2         An act relating to trust funds; re-creating the

  3         Florida Korean Veterans Memorial Matching Trust

  4         Fund within the Department of Veterans' Affairs

  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 Florida Korean Veterans Memorial Matching Trust Fund

11  within the Department of Veterans' Affairs, which is otherwise

12  scheduled to be terminated pursuant to constitutional mandate,

13  and

14         WHEREAS, the Legislature has reviewed the trust fund

15  before its scheduled termination date and has found that it

16  continues to meet an important public purpose, and

17         WHEREAS, the Legislature has found that existing public

18  policy concerning the trust fund sets adequate parameters for

19  its use, NOW, THEREFORE,

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

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23         Section 1.  (1)  The Florida Korean Veterans Memorial

24  Matching Trust Fund within the Department of Veterans'

25  Affairs, FLAIR number 50-2-107, which is to be terminated

26  pursuant to Section 19(f), Article III of the State

27  Constitution on July 1, 2004, is re-created.

28         (2)  All current balances of the trust fund are carried

29  forward, and all current sources and uses of the trust fund

30  are continued.

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

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    Florida Senate - 2004        (NP)                       SB 858
    309-421-04




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 2                          SENATE SUMMARY

 3    Re-creates the Florida Korean Veterans Memorial Matching
      Trust Fund within the Department of Veterans' Affairs.
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CODING: Words stricken are deletions; words underlined are additions.