Senate Bill sb0870

    Florida Senate - 2004        (NP)                       SB 870

    By Senator Peaden





    309-427-04

  1                      A bill to be entitled

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

  3         Florida World War II Veterans Memorial Matching

  4         Trust Fund within the Department of Veterans'

  5         Affairs without modification; carrying forward

  6         current balances and continuing current sources

  7         and uses thereof; providing an effective date.

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  9         WHEREAS, the Legislature wishes to extend the life of

10  the Florida World War II 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 World War II Veterans

24  Memorial Matching Trust Fund within the Department of

25  Veterans' Affairs, FLAIR number 50-2-755, which is to be

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

27  Constitution on November 4, 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.

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    Florida Senate - 2004        (NP)                       SB 870
    309-427-04




 1         Section 2.  This act shall take effect November 4,

 2  2004.

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 5                          SENATE SUMMARY

 6    Re-creates the Florida World War II Veterans Memorial
      Matching Trust Fund within the Department of Veterans'
 7    Affairs.

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CODING: Words stricken are deletions; words underlined are additions.