Senate Bill sb0332c2

    Florida Senate - 2005                     CS for CS for SB 332

    By the Committees on Ways and Means; Environmental
    Preservation; and Senator Dockery




    576-2381-05

  1                      A bill to be entitled

  2         An act relating to trust funds; creating s.

  3         403.891, F.S.; creating the Water Protection

  4         and Sustainability Trust Fund within the

  5         Department of Environmental Protection;

  6         providing for sources of funds and purposes;

  7         providing for an annual carryforward of funds;

  8         providing for future legislative review and

  9         termination or re-creation of the trust fund;

10         providing a contingent effective date.

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12  Be It Enacted by the Legislature of the State of Florida:

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14         Section 1.  Section 403.891, Florida Statutes, is

15  created to read:

16         403.891  Water Protection and Sustainability Program

17  Trust Fund of the Department of Environmental Protection.--

18         (1)  The Water Protection and Sustainability Program

19  Trust Fund is created within the Department of Environmental

20  Protection. The purpose of the trust fund is to receive funds

21  pursuant to s. 201.15(1)(d)2., funds from other sources

22  provided for in law and the General Appropriations Act, and

23  funds received by the department in order to implement the

24  provisions of the Water Sustainability and Protection Program

25  created in s. 403.890.

26         (2)  Notwithstanding s. 216.301 and pursuant to s.

27  216.351, any balance in the trust fund at the end of any

28  fiscal year shall remain in the trust fund at the end of the

29  year and shall be available for carrying out the purposes of

30  the trust fund.

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






    Florida Senate - 2005                     CS for CS for SB 332
    576-2381-05




 1         (3)  Pursuant to s. 19(f)(2), Art. III of the State

 2  Constitution, the trust fund shall, unless terminated sooner,

 3  be terminated on July 1, 2009. Prior to its scheduled

 4  termination, the trust fund shall be reviewed as provided in

 5  s. 215.3206(1) and (2).

 6         Section 2.  This act shall take effect July 1, 2005, if

 7  CS for CS for CS for Senate Bill 444 or similar legislation is

 8  adopted in the same legislative session or an extension

 9  thereof and becomes law.

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11          STATEMENT OF SUBSTANTIAL CHANGES CONTAINED IN
                       COMMITTEE SUBSTITUTE FOR
12                        CS Senate Bill 332

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14  The committee substitute removes the reference to bonding, and
    allows the department to deposit federal grants and other
15  funds into the Water Sustainability and Protection Trust Fund.

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