HB 5035

1
A bill to be entitled
2An act relating to trust funds; re-creating the Welfare
3Transition Trust Fund within the Department of Military
4Affairs without modification; amending s. 250.175, F.S.;
5removing the scheduled termination of the trust fund;
6providing an effective date.
7
8     WHEREAS, the Legislature wishes to extend the life of the
9Welfare Transition Trust Fund within the Department of Military
10Affairs, which is otherwise scheduled to be terminated pursuant
11to constitutional mandate, and
12     WHEREAS, the Legislature has reviewed the trust fund before
13its scheduled termination date and has found it continues to
14meet an important public purpose, and
15     WHEREAS, the Legislature has found that existing public
16policy concerning the trust fund sets adequate parameters for
17its use, NOW, THEREFORE,
18
19Be It Enacted by the Legislature of the State of Florida:
20
21     Section 1.  The Welfare Transition Trust Fund within the
22Department of Military Affairs, FLAIR number 62-2-401, which is
23to be terminated pursuant to Section 19(f), Article III of the
24State Constitution on July 1, 2009, is re-created.
25     Section 2.  Paragraph (d) of subsection (5) of section
26250.175, Florida Statutes, is amended to read:
27     250.175  Trust funds; authorization; name; purpose.--
28     (5)  The Welfare Transition Trust Fund is created within
29the Department of Military Affairs.
30     (d)  In accordance with s. 19(f)(2), Art. III of the State
31Constitution, the Welfare Transition Trust Fund shall, unless
32terminated earlier, be terminated on July 1, 2009. Before its
33scheduled termination, the trust fund shall be reviewed as
34provided in s. 215.3206(1) and (2).
35     Section 3.  This act shall take effect July 1, 2008.


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