Florida Senate - 2014 SB 684 By Senator Gardiner 13-00749-14 2014684__ 1 A bill to be entitled 2 An act relating to trust funds; re-creating the State 3 Economic Enhancement and Development Trust Fund within 4 the Department of Economic Opportunity without 5 modification; repealing s. 288.1201(4), 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 State Economic Enhancement and Development Trust Fund within the 12 Department of Economic Opportunity which is otherwise scheduled 13 to be 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 State Economic Enhancement and Development 24 Trust Fund within the Department of Economic Opportunity, FLAIR 25 number 40-2-041, which is to be terminated pursuant to Section 26 19(f), Article III of the State Constitution on July 1, 2015, is 27 re-created. 28 Section 2. Subsection (4) of section 288.1201, Florida 29 Statutes, is repealed. 30 Section 3. This act shall take effect July 1, 2014.