The Florida Senate

373.472  Save Our Everglades Trust Fund.--

(1)  There is created within the Department of Environmental Protection the Save Our Everglades Trust Fund. Funds in the trust fund shall be expended to implement the comprehensive plan defined in ¹s. 373.470(2)(a), the Lake Okeechobee Watershed Protection Plan defined in s. 373.4595(2), the Caloosahatchee River Watershed Protection Plan defined in s. 373.4595(2), and the St. Lucie River Watershed Protection Plan defined in s. 373.4595(2), and to pay debt service for Everglades restoration bonds issued pursuant to s. 215.619 The trust fund shall serve as the repository for state, local, and federal project contributions in accordance with s. 373.470(4).

(2)  The trust fund is not subject to the service charge described in s. 215.20(1). All income of a revenue nature, including interest or other earnings received or credited by the trust fund, shall be credited to the fund.

(3)  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.

(4)  Pursuant to the provisions of s. 19(f)(2), Art. III of the State Constitution, the Save Our Everglades Trust Fund shall, unless terminated sooner, terminate on July 1, 2004. Prior to its scheduled termination, the trust fund shall be reviewed as provided in s. 215.3206(1) and (2).

History.--s. 1, ch. 2000-132; s. 5, ch. 2002-261; s. 23, ch. 2003-394; s. 5, ch. 2007-253.

¹Note.--Redesignated as s. 373.470(2)(b) by s. 4, ch. 2007-253.