Florida Senate - 2025                   (PROPOSED BILL) SPB 7014
       
       
        
       FOR CONSIDERATION By the Appropriations Committee on Criminal
       and Civil Justice
       
       
       
       
       604-02034-25                                          20257014pb
    1                        A bill to be entitled                      
    2         An act relating to trust funds of the State Courts
    3         System; terminating the Mediation and Arbitration
    4         Trust Fund; providing for the disposition of balances
    5         in and revenues of the trust fund be transferred to
    6         the State Courts Revenue Trust Fund; requiring the
    7         State Court Revenue Trust Fund to pay any outstanding
    8         debts or obligations of the Mediation and Arbitration
    9         Trust Fund as soon as practicable; requiring the Chief
   10         Financial Officer to close out and remove the
   11         Mediation and Arbitration Trust Fund from the various
   12         state accounting and financial systems using generally
   13         accepted accounting principles concerning assets,
   14         liabilities, and warrants outstanding; providing an
   15         effective date.
   16          
   17  Be It Enacted by the Legislature of the State of Florida:
   18  
   19         Section 1. (1) The Mediation and Arbitration Trust Fund
   20  within the State Courts System, FLAIR number 22-2-213, is
   21  terminated.
   22         (2) All current balances remaining in, and all revenues of,
   23  the trust fund shall be transferred to the State Courts Revenue
   24  Trust Fund.
   25         (3) The State Courts Revenue Trust Fund shall pay any
   26  outstanding debts or obligations of the terminated fund as soon
   27  as practicable, and the Chief Financial Officer shall close out
   28  and remove the trust fund from the various state accounting and
   29  financial systems using generally accepted accounting principles
   30  concerning assets, liabilities, and warrants outstanding.
   31         Section 2. This act shall take effect July 1, 2025.