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2003 Florida Statutes

SECTION 501
Workers' Compensation Administration Trust Fund within the Department of Business and Professional Regulation.
Section 440.501, Florida Statutes 2003

440.501  Workers' Compensation Administration Trust Fund within the Department of Business and Professional Regulation.--

(1)  The Workers' Compensation Administration Trust Fund is created within the Department of Business and Professional Regulation, to be administered by such department. The trust fund shall be used for the purpose of providing for the payment of all expenses in respect to the administration of the child labor program, pursuant to legislative appropriation or an approved amendment to the department's operating budget pursuant to the provisions of chapter 216.

(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.

(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, 2006. Prior to its scheduled termination, the trust fund shall be reviewed as provided in s. 215.3206

History.--s. 1, ch. 2002-399.