1 | A bill to be entitled |
2 | An act relating to the Rural Lands Program Trust Fund; |
3 | creating s. 570.209, F.S.; creating the Rural Lands |
4 | Program Trust Fund within the Department of Agriculture |
5 | and Consumer Services; providing for sources of funds and |
6 | purposes; providing for an annual carryforward of funds; |
7 | providing for future legislative review and termination or |
8 | re-creation of the trust fund; providing a contingent |
9 | effective date. |
10 |
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11 | Be It Enacted by the Legislature of the State of Florida: |
12 |
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13 | Section 1. Section 570.209, Florida Statutes, is created |
14 | to read: |
15 | 570.209 Rural Lands Program Trust Fund of the Department |
16 | of Agriculture and Consumer Services.-- |
17 | (1) The Rural Lands Program Trust Fund is created within |
18 | the Department of Agriculture and Consumer Services. The purpose |
19 | of the trust fund is to receive funds pursuant to s. |
20 | 201.15(1)(d) in order to pay debt service on bonds issued under |
21 | s. 215.6195. |
22 | (2) Notwithstanding s. 216.301 and pursuant to s. 216.351, |
23 | any balance in the trust fund at the end of any fiscal year |
24 | shall remain in the trust fund at the end of the year and shall |
25 | be available for carrying out the purposes of the trust fund. |
26 | (3) Pursuant to s. 19(f)(2), Art. III of the State |
27 | Constitution, the trust fund shall, unless terminated sooner, be |
28 | terminated on July 1, 2009. Prior to its scheduled termination, |
29 | the trust fund shall be reviewed as provided in s. 215.3206(1) |
30 | and (2). |
31 | Section 2. This act shall take effect July 1, 2005, if |
32 | House Bill 1279 or similar legislation is adopted in the same |
33 | legislative session or an extension thereof and becomes law. |