Florida Senate - 2006                        SENATOR AMENDMENT
    Bill No. CS for CS for CS for SB 1826
                        Barcode 655578
                            CHAMBER ACTION
              Senate                               House
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 3         Floor: 1/AD/2R          .                    
       04/26/2006 02:15 PM         .                    
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11  Senator Saunders moved the following amendment:
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13         Senate Amendment 
14         On page 4, line 5, through page 5, line 4, delete those
15  lines
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17  and insert:  
18         Section 2.  Paragraph (h) of subsection (1) of section
19  20.435, Florida Statutes, is amended to read:
20         20.435  Department of Health; trust funds.--
21         (1)  The following trust funds are hereby created, to
22  be administered by the Department of Health:
23         (h)  Biomedical Research Trust Fund.
24         1.  Funds to be credited to the trust fund shall
25  consist of funds deposited pursuant to s. 215.5601 and any
26  other funds appropriated by the Legislature. Funds shall be
27  used for the purposes of the James and Esther King Biomedical
28  Research Program and the William G. "Bill" Bankhead, Jr., and
29  David Coley Cancer Research Program as specified in ss.
30  215.5602, and 288.955, and 381.922. The trust fund is exempt
31  from the service charges imposed by s. 215.20.
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    3:55 PM   04/25/06                             s1826c3b-37-t9k

Florida Senate - 2006 SENATOR AMENDMENT Bill No. CS for CS for CS for SB 1826 Barcode 655578 1 2. Notwithstanding the provisions of s. 216.301 and 2 pursuant to s. 216.351, any balance in the trust fund at the 3 end of any fiscal year shall remain in the trust fund at the 4 end of the year and shall be available for carrying out the 5 purposes of the trust fund. The department may invest these 6 funds independently through the Chief Financial Officer or may 7 negotiate a trust agreement with the State Board of 8 Administration for the investment management of any balance in 9 the trust fund. 10 3. Notwithstanding s. 216.301 and pursuant to s. 11 216.351, any balance of any appropriation from the Biomedical 12 Research Trust Fund which is not disbursed but which is 13 obligated pursuant to contract or committed to be expended may 14 be certified by the Governor for up to 3 years following the 15 effective date of the original appropriation. 16 4. The trust fund shall, unless terminated sooner, be 17 terminated on July 1, 2008. 18 19 20 21 22 23 24 25 26 27 28 29 30 31 2 3:55 PM 04/25/06 s1826c3b-37-t9k