Senate Bill sb1552
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Florida Senate - 2005 SB 1552
By Senator Dockery
15-978-05
1 A bill to be entitled
2 An act relating to phosphate mining; amending
3 s. 215.20, F.S.; eliminating the Phosphate
4 Research Trust Fund from among the enumerated
5 trust funds that contribute to the General
6 Revenue Fund; amending s. 215.22, F.S.;
7 exempting the Phosphate Research Trust Fund
8 from the contribution to the General Revenue
9 Fund required under s. 215.20, F.S.; repealing
10 s. 378.101(1)(i), F.S., relating to a
11 requirement that subjects the Phosphate
12 Research Trust Fund to the service charge
13 imposed under ch. 215, F.S.; providing an
14 effective date.
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16 Be It Enacted by the Legislature of the State of Florida:
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18 Section 1. Paragraph (h) of subsection (4) of section
19 215.20, Florida Statutes, is amended to read:
20 215.20 Certain income and certain trust funds to
21 contribute to the General Revenue Fund.--
22 (4) The income of a revenue nature deposited in the
23 following described trust funds, by whatever name designated,
24 is that from which the appropriations authorized by subsection
25 (3) shall be made:
26 (h) Within the Department of Education,:
27 1. the Educational Certification and Service Trust
28 Fund.
29 2. The Phosphate Research Trust Fund.
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Florida Senate - 2005 SB 1552
15-978-05
1 The enumeration of the foregoing moneys or trust funds shall
2 not prohibit the applicability thereto of s. 215.24 should the
3 Governor determine that for the reasons mentioned in s. 215.24
4 the money or trust funds should be exempt herefrom, as it is
5 the purpose of this law to exempt income from its force and
6 effect when, by the operation of this law, federal matching
7 funds or contributions or private grants to any trust fund
8 would be lost to the state.
9 Section 2. Paragraph (k) of subsection (1) and
10 subsection (4) of section 215.22, Florida Statutes, are
11 amended to read:
12 215.22 Certain income and certain trust funds
13 exempt.--
14 (1) The following income of a revenue nature or the
15 following trust funds shall be exempt from the appropriation
16 required by s. 215.20(1):
17 (k) Trust funds administered by the Department of
18 Education, including the Phosphate Research Trust Fund.
19 (4) Notwithstanding the exemptions granted in
20 subsections (1), (2), and (3), this section shall not exempt
21 income of a revenue nature or any trust fund which was subject
22 to the service charge pursuant to s. 215.20 on January 1,
23 1990. This subsection does not apply to the Phosphate Research
24 Trust Fund.
25 Section 3. Paragraph (i) of subsection (1) of section
26 378.101, Florida Statutes, is repealed.
27 Section 4. This act shall take effect July 1, 2005.
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Florida Senate - 2005 SB 1552
15-978-05
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2 SENATE SUMMARY
3 Eliminates the Phosphate Research Trust Fund from the
enumerated trust funds that contribute to the General
4 Revenue Fund. Exempts the Phosphate Research Trust Fund
from having to contribute to the General Revenue Fund.
5 Eliminates a requirement that subjects the Phosphate
Research Trust Fund to a service charge imposed under ch.
6 215, F.S.
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