Florida Senate - 2012 SB 1970 By the Committee on Budget 576-03474-12 20121970__ 1 A bill to be entitled 2 An act relating to trust funds; creating s. 29.32, 3 F.S.; creating the Core Court System Clearing Trust 4 Fund to be administered by the Chief Financial Officer 5 as a clearing trust fund that is not subject to 6 termination pursuant to s. 19(f), Art. III of the 7 State Constitution; providing for sources of moneys 8 and purposes; providing a contingent effective date. 9 10 Be It Enacted by the Legislature of the State of Florida: 11 12 Section 1. Section 29.32, Florida Statutes, is created to 13 read: 14 29.32 Core Court System Clearing Trust Fund.— 15 (1) The Core Court System Clearing Trust Fund is created as 16 a clearing fund for disbursing court-related revenue, as defined 17 in s. 29.31, to the state courts system, the offices of the 18 clerks of the circuit court, and the Court Education Trust Fund, 19 and shall be administered by the Chief Financial Officer. Moneys 20 credited to the trust fund shall be used for the purpose of 21 funding the activities of the core court system, as defined in 22 s. 29.31, and such other purposes as allowed by law. Any 23 transfers or distributions from the trust fund shall be in 24 accordance with the priority provisions of s. 29.31(4). 25 (2) In accordance with s. 19(f)(3), Art. III of the State 26 Constitution, the Core Court System Clearing Trust Fund is a 27 clearing trust fund of the Chief Financial Officer and is not 28 subject to termination. 29 Section 2. This act shall take effect July 1, 2012, if 30 Senate Bill 1962 or similar legislation is adopted in the same 31 legislative session, or an extension thereof, and becomes law, 32 but this act shall not take effect unless enacted by a three 33 fifths vote of the membership of each house of the Legislature.