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The Florida Senate

2000 Florida Statutes

SECTION 43
Comptroller's Federal Equitable Sharing Trust Fund.
Section 17.43, Florida Statutes 2000

17.43  Comptroller's Federal Equitable Sharing Trust Fund.--

(1)  The Comptroller's Federal Equitable Sharing Trust Fund is created within the Department of Banking and Finance. The department may deposit into the trust fund receipts and revenues received as a result of federal criminal, administrative, or civil forfeiture proceedings and receipts and revenues received from federal asset-sharing programs. The trust fund is exempt from the service charges imposed by s. 215.20.

(2)  Notwithstanding the provisions of s. 216.301 and pursuant to s. 216.351, any balance in the trust fund at the end of any fiscal year shall remain in the trust fund at the end of the year and shall be available for carrying out the purposes of the trust fund.

1(3)  Pursuant to the provisions of s. 19(f)(2), Art. III of the State Constitution, the trust fund shall, unless terminated sooner, be terminated on July 1, 2002. Prior to its scheduled termination, the trust fund shall be reviewed as provided in s. 215.3206(1) and (2).

History.--s. 1, ch. 98-278; s. 2, ch. 99-84.

1Note.--Repealed effective November 4, 2000, by s. 2, ch. 99-84.