Senate Bill sb1330er

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    ENROLLED

    2007 Legislature                                CS for SB 1330



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  2         An act relating to trust funds; terminating

  3         specified trust funds within the Department of

  4         Education; providing for disposition of

  5         balances in and revenues of such trust funds;

  6         prescribing procedures for the termination of

  7         such trust funds; renaming the Educational Aids

  8         Trust Fund within the department; amending s.

  9         1002.335, F.S., relating to the Florida Schools

10         of Excellence Commission; conforming a

11         reference; repealing ss. 1010.72, 1010.76,

12         1010.78, and 1012.72(5), F.S., relating to the

13         Dale Hickam Excellent Teaching Program Trust

14         Fund, the Educational Aids Trust Fund, and the

15         Projects, Contracts, and Grants Trust Fund

16         within the department; providing effective

17         dates.

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

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21         Section 1.  (1)  The following trust funds within the

22  Department of Education are terminated:

23         (a)  Effective July 1, 2008, the Projects Contracts and

24  Grants Trust Fund, FLAIR number 48-2-552. Current balances

25  from General Education Development (GED) testing and the

26  leasing of available transponder time from the state's

27  satellite transponder resources in the Projects, Contracts,

28  and Grants Trust Fund, and all revenues from GED testing and

29  the leasing of available transponder time from the state's

30  satellite transponder resources shall be transferred to the

31  Operating Trust Fund within the Department of Education, FLAIR


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




    ENROLLED

    2007 Legislature                                CS for SB 1330



 1  number 48-2-510. Current balances from donations remaining in

 2  the Projects, Contracts, and Grants Trust Fund and all

 3  revenues from donations shall be transferred to the Grants and

 4  Donations Trust Fund within the Department of Education, FLAIR

 5  number 48-2-339.

 6         (b)  The Dale Hickam Excellent Teaching Program Trust

 7  Fund, FLAIR number 48-2-206. All current balances remaining in

 8  the Dale Hickam Excellent Teaching Program Trust Fund and all

 9  revenues of the fund shall be transferred to the General

10  Revenue Fund.

11         (2)  The Department of Education shall pay any

12  outstanding debts and obligations of the terminated funds as

13  soon as practicable, and the Chief Financial Officer shall

14  close out and remove the terminated funds from various state

15  accounting systems using generally accepted accounting

16  principles concerning warrants outstanding, assets, and

17  liabilities.

18         Section 2.  The Educational Aids Trust Fund, FLAIR

19  number 48-2-180, within the Department of Education is renamed

20  the Federal Grants Trust Fund, FLAIR number 48-2-261.

21         Section 3.  Paragraph (a) of subsection (3) of section

22  1002.335, Florida Statutes, is amended to read:

23         1002.335  Florida Schools of Excellence Commission.--

24         (3)  FLORIDA SCHOOLS OF EXCELLENCE COMMISSION.--

25         (a)  The Florida Schools of Excellence Commission is

26  established as an independent, state-level charter school

27  authorizing entity working in collaboration with the

28  Department of Education and under the supervision of the State

29  Board of Education. Startup funds necessary to establish and

30  operate the commission may be received through private

31  contributions and federal and other institutional grants


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    ENROLLED

    2007 Legislature                                CS for SB 1330



 1  through the Grants and Donations Trust Fund and the Federal

 2  Grants Educational Aids Trust Fund housed within the

 3  department in addition to funds provided in the General

 4  Appropriations Act. The department shall assist in securing

 5  federal and other institutional grant funds to establish the

 6  commission.

 7         Section 4.  Sections 1010.72 and 1010.76, Florida

 8  Statutes, are repealed.

 9         Section 5.  Effective July 1, 2008, section 1010.78,

10  Florida Statutes, is repealed.

11         Section 6.  Subsection (5) of section 1012.72, Florida

12  Statutes, is repealed.

13         Section 7.  Except as otherwise expressly provided in

14  this act, this act shall take effect July 1, 2007.

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