Florida Senate - 2019                                    SB 1510
       
       
        
       By Senator Simmons
       
       
       
       
       
       9-01754-19                                            20191510__
    1                        A bill to be entitled                      
    2         An act relating to trust funds; creating s. 163.5162,
    3         F.S.; creating the Safe Neighborhood Improvement
    4         District Revolving Loan Trust Fund within the
    5         Department of Legal Affairs; providing for the purpose
    6         of the trust fund; providing that any balance
    7         remaining in the trust fund at end of a fiscal year
    8         remains in the trust fund; providing for future review
    9         and termination or re-creation of the trust fund;
   10         providing a contingent effective date.
   11          
   12  Be It Enacted by the Legislature of the State of Florida:
   13  
   14         Section 1. Section 163.5162, Florida Statutes, is created
   15  to read:
   16         163.5162 Safe Neighborhood Improvement District Revolving
   17  Loan Trust Fund.—
   18         (1) The Safe Neighborhood Improvement District Revolving
   19  Loan Trust Fund is created within the Department of Legal
   20  Affairs to provide loans to safe neighborhood improvement
   21  districts that meet the criteria established under s. 163.5161
   22  for projects contained in crime prevention plans submitted by
   23  such districts.
   24         (2) Notwithstanding s. 216.301 and pursuant to s. 216.351,
   25  any balance in the trust fund at the end of any fiscal year must
   26  remain in the trust fund at the end of the year and must be
   27  available for carrying out the purposes of the trust fund.
   28         (3) In accordance with s. 19(f)(2), Art. III of the State
   29  Constitution, the trust fund must, unless terminated sooner, be
   30  terminated on July 1, 2023. Before its scheduled termination,
   31  the trust fund must be reviewed as provided in s. 215.3206(1)
   32  and (2).
   33         Section 2. This act shall take effect on the same date that
   34  SB ___ or similar legislation takes effect, if such legislation
   35  is adopted in the same legislative session or an extension
   36  thereof and becomes a law, and only if this act is enacted by a
   37  three-fifths vote of the membership of each house of the
   38  Legislature.