HB 7055

1
A bill to be entitled
2An act relating to trust funds; re-creating the
3Administrative Trust Fund within the Department of
4Education without modification; repealing s. 1001.282(4),
5F.S.; abrogating provisions relating to the termination of
6the trust fund, to conform; providing an effective date.
7
8     WHEREAS, the Legislature wishes to extend the life of the
9Administrative Trust Fund within the Department of Education,
10which is otherwise scheduled to be terminated pursuant to
11constitutional mandate, and
12     WHEREAS, the Legislature has reviewed the trust fund before
13its scheduled termination date and has found that it continues
14to meet an important public purpose, and
15     WHEREAS, the Legislature has found that existing public
16policy concerning the trust fund sets adequate parameters for
17its use, NOW, THEREFORE,
18
19Be It Enacted by the Legislature of the State of Florida:
20
21     Section 1.  The Administrative Trust Fund within the
22Department of Education, FLAIR number 48-2-021, which is to be
23terminated pursuant to Section 19(f), Article III of the State
24Constitution on July 1, 2012, is re-created.
25     Section 2.  Subsection (4) of section s. 1001.282, Florida
26Statutes, is repealed.
27     Section 3.  This act shall take effect July 1, 2011.


CODING: Words stricken are deletions; words underlined are additions.