Florida Senate - 2020                             CS for SB 1264
       By the Committee on Judiciary; and Senators Bracy and Rodriguez
       590-02414-20                                          20201264c1
    1                        A bill to be entitled                      
    2         An act relating to trust funds; creating s. 16.631,
    3         F.S.; creating the Ocoee Election Day Riots Descendant
    4         Compensation Trust Fund within the Department of Legal
    5         Affairs; specifying the purpose and the funding source
    6         of the trust fund; requiring the department to
    7         administer the trust fund; providing for the carrying
    8         forward of undisbursed funds; providing for future
    9         review and termination or re-creation of the trust
   10         fund; providing a contingent effective date.
   12  Be It Enacted by the Legislature of the State of Florida:
   14         Section 1. Section 16.631, Florida Statutes, is created to
   15  read:
   16         16.631 Ocoee Election Day Riots Descendant Compensation
   17  Trust Fund.—
   18         (1) The Ocoee Election Day Riots Descendant Compensation
   19  Trust Fund is created within the Department of Legal Affairs.
   20         (2) The trust fund is established for use as a depository
   21  for funds to be used for the Ocoee Election Day Riots Descendant
   22  Compensation Fund Program established under s. 16.63.
   23         (3) The trust fund shall consist of funds appropriated by
   24  the Legislature for the purpose of compensating claimants under
   25  s. 16.63.
   26         (4) The department shall administer the trust fund.
   27         (5) Notwithstanding s. 216.301 and pursuant to s. 216.351,
   28  any balance in the trust fund at the end of any fiscal year
   29  shall remain in the trust fund at the end of the year and shall
   30  be available for carrying out the purposes of the trust fund.
   31         (6) In accordance with s. 19(f)(2), Art. III of the State
   32  Constitution, the trust fund shall, unless terminated sooner, be
   33  terminated July 1, 2024. Before its scheduled termination, the
   34  trust fund shall be reviewed as provided in s. 215.3206(1) and
   35  (2).
   36         Section 2. This act shall take effect on the same date that
   37  SB 1262 or similar legislation takes effect, if such legislation
   38  is adopted in the same legislative session or an extension
   39  thereof and becomes a law.