| 1 | A bill to be entitled |
| 2 | An act relating to the Grants and Donations Trust Fund; |
| 3 | creating s. 372.103, F.S.; creating the Grants and |
| 4 | Donations Trust Fund within the Fish and Wildlife |
| 5 | Conservation Commission; providing for sources of funds |
| 6 | and purposes; providing for future review and termination |
| 7 | or re-creation of the trust fund; providing an effective |
| 8 | date. |
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| 10 | Be It Enacted by the Legislature of the State of Florida: |
| 11 |
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| 12 | Section 1. Section 372.103, Florida Statutes, is created |
| 13 | to read: |
| 14 | 372.103 Grants and Donations Trust Fund.-- |
| 15 | (1) The Grants and Donations Trust Fund is created within |
| 16 | the Fish and Wildlife Conservation Commission. |
| 17 | (2) The fund is established for use as a depository for |
| 18 | funds to be used for allowable grant and donor agreement |
| 19 | activities funded by restricted contractual revenue. Moneys to |
| 20 | be credited to the trust fund shall consist of grants and |
| 21 | donations from private and public nonfederal sources, interest |
| 22 | earnings, and cash advances from other trust funds. |
| 23 | (3) In accordance with s. 19(f)(2), Art. III of the State |
| 24 | Constitution, the Grants and Donations Trust Fund shall, unless |
| 25 | terminated sooner, be terminated on July 1, 2009. Before its |
| 26 | scheduled termination, the trust fund shall be reviewed as |
| 27 | provided in s. 215.3206(1) and (2). |
| 28 | Section 2. This act shall take effect July 1, 2005. |