HB 1369

1	A bill to be entitled
2	An act relating to the Florida Endowment for Vocational
3	Rehabilitation; amending s. 413.615, F.S.; removing a
4	provision that requires the State Board of Administration
5	to invest and reinvest moneys in the endowment fund for
6	the Florida Endowment for Vocational Rehabilitation;
7	requiring that a specified percentage of the remainder of
8	all civil penalties received by a county court pursuant to
9	ch. 318, F.S., be remitted to the Department of Revenue on
10	a monthly basis for deposit in the endowment fund;
11	requiring that a specified percentage of the additional
12	fine assessed for violating traffic regulations protecting
13	mobility-impaired persons be remitted to the Department of
14	Revenue on a monthly basis for deposit in the endowment
15	fund; amending s. 318.18, F.S.; conforming a provision to
16	changes made by the act; providing an effective date.
17
18	Be It Enacted by the Legislature of the State of Florida:
19
20	Section 1.  Subsection (4) of section 413.615, Florida
21	Statutes, is amended to read:
22	413.615  Florida Endowment for Vocational Rehabilitation.-
23	(4)  REVENUE FOR THE ENDOWMENT FUND.-
24	(a)  The endowment fund of the Florida Endowment for
25	Vocational Rehabilitation is created as a long-term, stable, and
26	growing source of revenue to be administered, in accordance with
27	rules promulgated by the division, by the foundation as a
28	direct-support organization of the division.
29	(b)  The principal of the endowment fund shall derive from
30	the deposits made pursuant to s. 318.21(2)(e), together with any
31	legislative appropriations which may be made to the endowment,
32	and such bequests, gifts, grants, and donations as may be
33	solicited for such purpose by the foundation from public or
34	private sources.
35	(c)  Two percent of the remainder of all civil penalties
36	received by a county court pursuant to chapter 318 shall be
37	remitted to the Department of Revenue on a monthly basis for
38	deposit in the endowment fund. Sixty percent of the additional
39	fine assessed under s. 318.18(3)(f) for a violation of s.
40	316.1303 must be remitted to the Department of Revenue on a
41	monthly basis for deposit in the endowment fund and 40 percent
42	must be distributed pursuant to s. 318.21(1) and (2). The State
43	Board of Administration shall invest and reinvest moneys of the
44	endowment fund in accordance with the provisions of ss. 215.44-
45	215.53. Moneys in the endowment fund in excess of the endowment
46	fund principal, or such lesser amount as may be requested in
47	writing by the foundation, shall be annually transmitted to the
48	foundation, based upon a fiscal year which shall run from July 1
49	through June 30, and shall be deposited in the foundation's
50	operating account, for distribution as provided in subsection
51	(10). The endowment fund principal shall be $1 million for the
52	2000-2001 fiscal year and shall be increased by 5 percent in
53	each subsequent fiscal year.
54	(d)  The board of directors of the foundation shall
55	establish the operating account and shall deposit therein the
56	moneys transmitted pursuant to paragraph (c). Moneys in the
57	operating account shall be available to carry out the purposes
58	of subsection (10).
59	Section 2.  Paragraph (f) of subsection (3) of section
60	318.18, Florida Statutes, is amended to read:
61	318.18  Amount of penalties.-The penalties required for a
62	noncriminal disposition pursuant to s. 318.14 or a criminal
63	offense listed in s. 318.17 are as follows:
64	(3)
65	(f)  If a violation of s. 316.1301 or s. 316.1303 results
66	in an injury to the pedestrian or damage to the property of the
67	pedestrian, an additional fine of up to $250 shall be paid.
68	Except as provided in s. 413.615(4)(c), this amount must be
69	distributed pursuant to s. 318.21.
70	Section 3.  This act shall take effect July 1, 2010.

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