HB 1281

A bill to be entitled
2An act relating to the Rural Lands Program Trust Fund;
3creating s. 570.209, F.S.; creating the Rural Lands
4Program Trust Fund within the Department of Agriculture
5and Consumer Services; providing for sources of funds and
6purposes; providing for an annual carryforward of funds;
7providing for future legislative review and termination or
8re-creation of the trust fund; providing a contingent
9effective date.
11Be It Enacted by the Legislature of the State of Florida:
13     Section 1.  Section 570.209, Florida Statutes, is created
14to read:
15     570.209  Rural Lands Program Trust Fund of the Department
16of Agriculture and Consumer Services.--
17     (1)  The Rural Lands Program Trust Fund is created within
18the Department of Agriculture and Consumer Services. The purpose
19of the trust fund is to receive funds pursuant to s.
20201.15(1)(d) in order to pay debt service on bonds issued under
21s. 215.6195.
22     (2)  Notwithstanding s. 216.301 and pursuant to s. 216.351,
23any balance in the trust fund at the end of any fiscal year
24shall remain in the trust fund at the end of the year and shall
25be available for carrying out the purposes of the trust fund.
26     (3)  Pursuant to s. 19(f)(2), Art. III of the State
27Constitution, the trust fund shall, unless terminated sooner, be
28terminated on July 1, 2009. Prior to its scheduled termination,
29the trust fund shall be reviewed as provided in s. 215.3206(1)
30and (2).
31     Section 2.  This act shall take effect July 1, 2005, if
32House Bill 1279 or similar legislation is adopted in the same
33legislative session or an extension thereof and becomes law.

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