Florida Senate - 2014                                     SB 676
       
       
        
       By Senator Galvano
       
       
       
       
       
       26-00789-14                                            2014676__
    1                        A bill to be entitled                      
    2         An act relating to trust funds; re-creating the
    3         Welfare Transition Trust Fund within the Department of
    4         Education without modification; repealing s.
    5         1001.283(3), F.S.; abrogating provisions relating to
    6         the termination of the trust fund, to conform;
    7         providing an effective date.
    8  
    9         WHEREAS, the Legislature wishes to extend the life of the
   10  Welfare Transition Trust Fund within the Department of
   11  Education, which is otherwise scheduled to be terminated
   12  pursuant to constitutional mandate, and
   13         WHEREAS, the Legislature has reviewed the trust fund before
   14  its scheduled termination date and has found that it continues
   15  to 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 Welfare Transition Trust Fund within the
   23  Department of Education, FLAIR number 48-2-401, which is to be
   24  terminated pursuant to Section 19(f), Article III of the State
   25  Constitution on July 1, 2015, is re-created.
   26         Section 2. Subsection (3) of section 1001.283, Florida
   27  Statutes, is repealed.
   28         Section 3. This act shall take effect July 1, 2014.