| 1 | A bill to be entitled |
| 2 | An act relating to trust funds; terminating the Florida |
| 3 | World War II Veterans Memorial Matching Trust Fund within |
| 4 | the Department of Veterans' Affairs; providing for the |
| 5 | disposition of balances in and revenues of the trust fund; |
| 6 | prescribing procedures for the termination of the trust |
| 7 | fund; repealing ss. 295.18, 295.181, 295.182, 295.183, and |
| 8 | 295.185, F.S.; repealing the Florida World War II Veterans |
| 9 | Memorial Matching Trust Fund and related provisions of the |
| 10 | Florida World War II Veterans Memorial Act to conform to |
| 11 | the termination of the trust fund; amending s. 17.61, |
| 12 | F.S.; removing the Community Resources Development Trust |
| 13 | Fund within the Department of Children and Family Services |
| 14 | from among enumerated trust funds of the department that |
| 15 | are not excepted from required investment by the Chief |
| 16 | Financial Officer; amending s. 20.435, F.S.; removing the |
| 17 | scheduled termination of the Biomedical Research Trust |
| 18 | Fund within the Department of Health; providing an |
| 19 | effective date. |
| 20 |
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| 21 | Be It Enacted by the Legislature of the State of Florida: |
| 22 |
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| 23 | Section 1. (1) The Florida World War II Veterans Memorial |
| 24 | Matching Trust Fund, FLAIR number 50-2-755, within the |
| 25 | Department of Veterans' Affairs is terminated. |
| 26 | (2) All current balances remaining in, and all revenues |
| 27 | of, the trust fund shall be transferred to the Grants and |
| 28 | Donations Trust Fund within the Department of Veterans' Affairs, |
| 29 | FLAIR number 50-2-339. |
| 30 | (3) The Department of Veteran's Affairs shall pay any |
| 31 | outstanding debts and obligations of the terminated fund as soon |
| 32 | as practicable, and the Chief Financial Officer shall close out |
| 33 | and remove the terminated fund from the various state accounting |
| 34 | systems using generally accepted accounting principles |
| 35 | concerning warrants outstanding, assets, and liabilities. |
| 36 | Section 2. Sections 295.18, 295.181, 295.182, 295.183, and |
| 37 | 295.185, Florida Statutes, are repealed. |
| 38 | Section 3. Paragraph (c) of subsection (3) of section |
| 39 | 17.61, Florida Statutes, is amended to read: |
| 40 | 17.61 Chief Financial Officer; powers and duties in the |
| 41 | investment of certain funds.-- |
| 42 | (3) |
| 43 | (c) Except as provided in this paragraph and except for |
| 44 | moneys described in paragraph (d), the following agencies shall |
| 45 | not invest trust fund moneys as provided in this section, but |
| 46 | shall retain such moneys in their respective trust funds for |
| 47 | investment, with interest appropriated to the General Revenue |
| 48 | Fund, pursuant to s. 17.57: |
| 49 | 1. The Agency for Health Care Administration, except for |
| 50 | the Tobacco Settlement Trust Fund. |
| 51 | 2. The Agency for Persons with Disabilities, except for: |
| 52 | a. The Federal Grants Trust Fund. |
| 53 | b. The Tobacco Settlement Trust Fund. |
| 54 | 3. The Department of Children and Family Services, except |
| 55 | for: |
| 56 | a. The Alcohol, Drug Abuse, and Mental Health Trust Fund. |
| 57 | b. The Community Resources Development Trust Fund. |
| 58 | b.c. The Refugee Assistance Trust Fund. |
| 59 | c.d. The Social Services Block Grant Trust Fund. |
| 60 | d.e. The Tobacco Settlement Trust Fund. |
| 61 | e.f. The Working Capital Trust Fund. |
| 62 | 4. The Department of Community Affairs, only for the |
| 63 | Operating Trust Fund. |
| 64 | 5. The Department of Corrections. |
| 65 | 6. The Department of Elderly Affairs, except for: |
| 66 | a. The Federal Grants Trust Fund. |
| 67 | b. The Tobacco Settlement Trust Fund. |
| 68 | 7. The Department of Health, except for: |
| 69 | a. The Federal Grants Trust Fund. |
| 70 | b. The Grants and Donations Trust Fund. |
| 71 | c. The Maternal and Child Health Block Grant Trust Fund. |
| 72 | d. The Tobacco Settlement Trust Fund. |
| 73 | 8. The Department of Highway Safety and Motor Vehicles, |
| 74 | only for: |
| 75 | a. The DUI Programs Coordination Trust Fund. |
| 76 | b. The Security Deposits Trust Fund. |
| 77 | 9. The Department of Juvenile Justice. |
| 78 | 10. The Department of Law Enforcement. |
| 79 | 11. The Department of Legal Affairs. |
| 80 | 12. The Department of State, only for: |
| 81 | a. The Grants and Donations Trust Fund. |
| 82 | b. The Records Management Trust Fund. |
| 83 | 13. The Executive Office of the Governor, only for: |
| 84 | a. The Economic Development Transportation Trust Fund. |
| 85 | b. The Economic Development Trust Fund. |
| 86 | 14. The Florida Public Service Commission, only for the |
| 87 | Florida Public Service Regulatory Trust Fund. |
| 88 | 15. The Justice Administrative Commission. |
| 89 | 16. The state courts system. |
| 90 | Section 4. Paragraph (h) of subsection (1) of section |
| 91 | 20.435, Florida Statutes, is amended to read: |
| 92 | 20.435 Department of Health; trust funds.-- |
| 93 | (1) The following trust funds are hereby created, to be |
| 94 | administered by the Department of Health: |
| 95 | (h) Biomedical Research Trust Fund. |
| 96 | 1. Funds to be credited to the trust fund shall consist of |
| 97 | funds deposited pursuant to s. 215.5601 and any other funds |
| 98 | appropriated by the Legislature. Funds shall be used for the |
| 99 | purposes of the James and Esther King Biomedical Research |
| 100 | Program and the William G. "Bill" Bankhead, Jr., and David Coley |
| 101 | Cancer Research Program as specified in ss. 215.5602, 288.955, |
| 102 | and 381.922. The trust fund is exempt from the service charges |
| 103 | imposed by s. 215.20. |
| 104 | 2. Notwithstanding the provisions of s. 216.301 and |
| 105 | pursuant to s. 216.351, any balance in the trust fund at the end |
| 106 | of any fiscal year shall remain in the trust fund at the end of |
| 107 | the year and shall be available for carrying out the purposes of |
| 108 | the trust fund. The department may invest these funds |
| 109 | independently through the Chief Financial Officer or may |
| 110 | negotiate a trust agreement with the State Board of |
| 111 | Administration for the investment management of any balance in |
| 112 | the trust fund. |
| 113 | 3. Notwithstanding s. 216.301 and pursuant to s. 216.351, |
| 114 | any balance of any appropriation from the Biomedical Research |
| 115 | Trust Fund which is not disbursed but which is obligated |
| 116 | pursuant to contract or committed to be expended may be carried |
| 117 | forward for up to 3 years following the effective date of the |
| 118 | original appropriation. |
| 119 | 4. The trust fund shall, unless terminated sooner, be |
| 120 | terminated on July 1, 2008. |
| 121 | Section 5. This act shall take effect July 1, 2007. |