Florida Senate - 2009                      CS for CS for SB 1156
       
       
       
       By the Committees on Environmental Preservation and
       Conservation; and Communications, Energy, and Public Utilities;
       and Senator King
       
       
       592-04376-09                                          20091156c2
    1                        A bill to be entitled                      
    2         An act relating to trust funds; creating the Florida
    3         Renewable Energy Trust Fund within the Florida Energy
    4         and Climate Commission; requiring that the commission
    5         administer the fund; providing that moneys deposited
    6         into the fund be from federal grants for renewable
    7         energy, general revenue appropriations, and other
    8         sources designated by law; providing a purpose for the
    9         fund; requiring that any balance remain in the trust
   10         fund at the end of each fiscal year; providing for
   11         future review and termination or re-creation of the
   12         trust fund; providing a contingent effective date.
   13  
   14  Be It Enacted by the Legislature of the State of Florida:
   15  
   16         Section 1. Florida Renewable Energy Trust Fund.—
   17         (1) The Florida Renewable Energy Trust Fund is created
   18  within, and shall be administered by, the Florida Energy and
   19  Climate Commission. Moneys deposited into the trust fund shall
   20  be from federal grants made available for renewable energy,
   21  moneys appropriated from general revenue, donations, and other
   22  sources designated by law. The purpose of the trust fund is to
   23  provide funding to facilitate the development and implementation
   24  of renewable energy and energy-efficiency programs and projects.
   25         (2) Notwithstanding s. 216.301, Florida Statutes, and
   26  pursuant to s. 216.351, Florida Statutes, any balance in the
   27  trust fund at the end of the fiscal year shall remain in the
   28  trust fund at the end of the fiscal year and be available for
   29  carrying out the purpose of the trust fund.
   30         (3) In accordance with Section 19(f)(2), Article III of the
   31  State Constitution, the trust fund shall, unless terminated
   32  sooner, be terminated on July 1, 2013. Before its scheduled
   33  termination, the trust fund shall be reviewed as provided in s.
   34  215.3206(1) and (2), Florida Statutes.
   35         Section 2. This act shall take effect July 1, 2009, but it
   36  shall not take effect unless it is enacted by a three-fifths
   37  vote of the membership of each house of the Legislature.