| 1 | A bill to be entitled |
| 2 | An act relating to Administrative Trust Fund; creating s. |
| 3 | 943.367, F.S.; creating the Administrative Trust Fund |
| 4 | within the Department of Law Enforcement; providing for |
| 5 | sources of funds and purposes; providing for annual |
| 6 | carryforward of funds; providing for future review and |
| 7 | termination or re-creation of the trust fund; providing an |
| 8 | effective 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 943.367, Florida Statutes, is created |
| 13 | to read: |
| 14 | 943.367 Administrative Trust Fund.-- |
| 15 | (1) The Administrative Trust Fund is created within the |
| 16 | Department of Law Enforcement. |
| 17 | (2) The fund is established for use as a depository for |
| 18 | funds to be used for management activities that are department- |
| 19 | wide in nature and funded by indirect cost earnings or |
| 20 | assessments against trust funds. Moneys to be credited to the |
| 21 | trust fund include indirect cost reimbursements from grantors, |
| 22 | administrative assessments against trust funds, interest |
| 23 | earnings, and other appropriate administrative fees. |
| 24 | (3) Notwithstanding the provisions of s. 216.301 and |
| 25 | pursuant to s. 216.351, any balance in the trust fund at the end |
| 26 | of any fiscal year shall remain in the trust fund at the end of |
| 27 | the year and shall be available for carrying out the purposes of |
| 28 | the trust fund. |
| 29 | (4) In accordance with s. 19(f)(2), Art. III of the State |
| 30 | Constitution, the Administrative Trust Fund shall, unless |
| 31 | terminated sooner, be terminated on July 1, 2010. Before its |
| 32 | scheduled termination, the trust fund shall be reviewed as |
| 33 | provided in s. 215.3206(1) and (2). |
| 34 | Section 2. This act shall take effect July 1, 2006. |