HB 5029

1
A bill to be entitled
2An act relating to trust funds; re-creating the Federal
3Grants Trust Fund within the Florida Parole Commission
4without modification; carrying forward current balances
5and continuing current sources and uses thereof; amending
6s. 947.045, F.S.; removing the scheduled termination of
7the trust fund; providing an effective date.
8
9Be It Enacted by the Legislature of the State of Florida:
10
11     Section 1.  (1)  The Federal Grants Trust Fund within the
12Florida Parole Commission, FLAIR number 78-2-261, which is to be
13terminated pursuant to Section 19(f), Article III of the State
14Constitution on July 1, 2009, is re-created.
15     (2)  All current balances of the trust fund are carried
16forward, and all current sources and uses of the trust fund are
17continued.
18     Section 2.  Section 947.045, Florida Statutes, is amended
19to read:
20     947.045  Federal Grants Trust Fund.--The Federal Grants
21Trust Fund is hereby created, to be administered by the Florida
22Parole Commission.
23     (1)  Funds to be credited to the trust fund shall consist
24of receipts from federal grants and shall be used for the
25various purposes for which the federal funds were intended.
26     (2)  Notwithstanding the provisions of s. 216.301 and
27pursuant to s. 216.351, any balance in the trust fund at the end
28of any fiscal year shall remain in the trust fund at the end of
29the year and shall be available for carrying out the purposes of
30the trust fund.
31     (3)  In accordance with s. 19(f)(2), Art. III of the State
32Constitution, the Federal Grants Trust Fund shall be terminated
33on July 1, 2009, unless terminated sooner. Before its scheduled
34termination, the trust fund shall be reviewed as provided in s.
35215.3206(1) and (2).
36     Section 3.  This act shall take effect July 1, 2008.


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