| 1 | A bill to be entitled |
| 2 | An act relating to the Tobacco Settlement Trust Fund; |
| 3 | creating s. 20.1971, F.S.; creating the Tobacco Settlement |
| 4 | Trust Fund within the Agency for Persons with |
| 5 | Disabilities; providing sources of funds and purposes; |
| 6 | providing for future review and termination or re-creation |
| 7 | of the trust fund; providing an effective date. |
| 8 |
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| 9 | Be It Enacted by the Legislature of the State of Florida: |
| 10 |
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| 11 | Section 1. Section 20.1971, Florida Statutes, is created |
| 12 | to read: |
| 13 | 20.1971 Agency for Persons with Disabilities; trust |
| 14 | funds.--The following trust funds are created and shall be |
| 15 | administered by the Agency for Persons with Disabilities: |
| 16 | (4) The Tobacco Settlement Trust Fund. |
| 17 | (a) Funds to be credited to the trust fund shall consist |
| 18 | of funds disbursed, by nonoperating transfer, from the |
| 19 | Department of Financial Services Tobacco Settlement Clearing |
| 20 | Trust Fund in amounts equal to the annual appropriations made |
| 21 | from this trust fund. |
| 22 | (b) In accordance with s. 19(f)(2), Art. III of the State |
| 23 | Constitution, the Tobacco Settlement Trust Fund shall, unless |
| 24 | terminated earlier, be terminated on July 1, 2009. Before its |
| 25 | scheduled termination, the trust fund shall be reviewed as |
| 26 | provided in s. 215.3206(1) and (2). |
| 27 | Section 2. This act shall take effect on July 1, 2005. |