SB 2162 First Engrossed 20112162e1 1 A bill to be entitled 2 An act relating to trust funds; creating the Welfare 3 Transition Trust Fund within the Department of 4 Education; providing for sources of funds and 5 purposes; providing for future review and termination 6 or re-creation of the trust fund; providing an 7 effective date. 8 9 Be It Enacted by the Legislature of the State of Florida: 10 11 Section 1. Welfare Transition Trust Fund.— 12 (1) The Welfare Transition Trust Fund is created within the 13 Department of Education. 14 (2) The trust fund is established for use as a depository 15 for receiving federal funds under the Temporary Assistance for 16 Needy Families Program. Trust fund moneys shall be used 17 exclusively for the purpose of providing services to individuals 18 eligible for Temporary Assistance for Needy Families pursuant to 19 the requirements and limitations of part A of Title IV of the 20 Social Security Act, as amended, or any other applicable federal 21 requirement or limitation. Funds credited to the trust fund 22 consist of those funds collected from the Temporary Assistance 23 for Needy Families Block Grant. 24 (3) In accordance with s. 19(f)(2), Article III of the 25 State Constitution, the Welfare Transition Trust Fund shall, 26 unless terminated sooner, be terminated on July 1, 2015. Before 27 its scheduled termination, the trust fund shall be reviewed as 28 provided in s. 215.3206(1) and (2), Florida Statutes. 29 Section 2. This act shall take effect July 1, 2011, except 30 that this act shall not take effect unless it is enacted by a 31 three-fifths vote of the membership of each house of the 32 Legislature.