| 1 | A bill to be entitled |
| 2 | An act relating to trust funds; creating the Energy |
| 3 | Affordability Trust Fund within the Department of |
| 4 | Community Affairs; providing the purpose of the trust fund |
| 5 | and the source of funds; providing for future review and |
| 6 | termination or re-creation of the trust fund; providing an |
| 7 | effective date. |
| 8 |
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| 9 | Be It Enacted by the Legislature of the State of Florida: |
| 10 |
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| 11 | Section 1. Energy Affordability Trust Fund.- |
| 12 | (1) The Energy Affordability Trust Fund is created within |
| 13 | the Department of Community Affairs. |
| 14 | (2) The trust fund is established for use as a depository |
| 15 | for funds to be used to supplement the Low Income Home Energy |
| 16 | Assistance Program. Moneys to be credited to the trust fund |
| 17 | shall consist of unclaimed deposits held by utilities pursuant |
| 18 | to s. 717.108, Florida Statutes. |
| 19 | (3) In accordance with s. 19(f)(2), Article III of the |
| 20 | State Constitution, the Energy Affordability Trust Fund shall, |
| 21 | unless terminated sooner, be terminated on July 1, 2015. Before |
| 22 | its scheduled termination, the trust fund shall be reviewed as |
| 23 | provided in s. 215.3206(1) and (2), Florida Statutes. |
| 24 | Section 2. This act shall take effect July 1, 2011, but |
| 25 | this act shall not take effect unless it is enacted by a three- |
| 26 | fifths vote of the membership of each house of the Legislature. |