HB 7135

1	A bill to be entitled
2	An act relating to trust funds; re-creating the Audit and
3	Warrant Clearing Trust Fund within the Department of
4	Revenue without modification; amending s. 215.199, F.S.;
5	deleting provisions relating to the termination of the
6	trust fund, to conform; providing a contingent effective
7	date.
8
9	WHEREAS, the Legislature wishes to extend the life of the
10	Audit and Warrant Clearing Trust Fund within the Department of
11	Revenue, which is otherwise scheduled to be terminated pursuant
12	to constitutional mandate, and
13	WHEREAS, the Legislature has reviewed the trust fund before
14	its scheduled termination date and has found it continues to
15	meet an important public purpose, and
16	WHEREAS, the Legislature has found that existing public
17	policy concerning the trust fund sets adequate parameters for
18	its use, NOW, THEREFORE,
19
20	Be It Enacted by the Legislature of the State of Florida:
21
22	Section 1.  The Audit and Warrant Clearing Trust Fund
23	within the Department of Revenue, FLAIR number 73-2-975, which
24	is to be terminated pursuant to s. 19(f), Art. III of the State
25	Constitution on July 1, 2011, is re-created.
26	Section 2.  Subsection (3) of section 215.199, Florida
27	Statutes, is amended to read:
28	215.199  Audit and Warrant Clearing Trust Fund.-
29	(3)  In accordance with s. 19(f)(2), Art. III of the State
30	Constitution, the Audit and Warrant Clearing Trust Fund shall,
31	unless terminated sooner, be terminated on July 1, 2011. Before
32	its scheduled termination, the trust fund shall be reviewed as
33	provided in s. 215.3206(1) and (2).
34	Section 3.  This act shall take effect July 1, 2010, but it
35	shall not take effect unless it is enacted by a three-fifths
36	vote of the membership of each house of the Legislature.

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