Florida Senate - 2014                                     SB 680
       
       
        
       By Senator Hays
       
       
       
       
       
       11-00746-14                                            2014680__
    1                        A bill to be entitled                      
    2         An act relating to trust funds; re-creating the
    3         Federal Grants Trust Fund within the Department of
    4         Business and Professional Regulation without
    5         modification; repealing s. 455.1165(3), F.S.;
    6         abrogating provisions relating to the termination of
    7         the trust fund, to conform; providing an effective
    8         date.
    9  
   10         WHEREAS, the Legislature wishes to extend the life of the
   11  Federal Grants Trust Fund within the Department of Business and
   12  Professional Regulation which is otherwise scheduled to be
   13  terminated pursuant to constitutional mandate, and
   14         WHEREAS, the Legislature has reviewed the trust fund before
   15  its scheduled termination date and has found that it continues
   16  to meet an important public purpose, and
   17         WHEREAS, the Legislature has found that existing public
   18  policy concerning the trust fund sets adequate parameters for
   19  its use, NOW, THEREFORE,
   20  
   21  Be It Enacted by the Legislature of the State of Florida:
   22  
   23         Section 1. The Federal Grants Trust Fund within the
   24  Department of Business and Professional Regulation, FLAIR number
   25  79-2-261, which is to be terminated pursuant to Section
   26  19(f)(2), Article III of the State Constitution on July 1, 2015,
   27  is re-created.
   28         Section 2. Subsection (3) of section 455.1165, Florida
   29  Statutes, is repealed.
   30         Section 3. This act shall take effect July 1, 2014.