Florida Senate - 2013 SB 202 By Senator Gardiner 13-00345A-13 2013202__ 1 A bill to be entitled 2 An act relating to trust funds; re-creating the 3 Transportation Governmental Bond Trust Fund within the 4 Department of Transportation without modification; 5 repealing s. 339.0816(3), F.S.; abrogating provisions 6 relating to the termination of the trust fund, to 7 conform; providing an effective date. 8 9 WHEREAS, the Legislature wishes to extend the life of the 10 Transportation Governmental Bond Trust Fund within the 11 Department of Transportation which is otherwise scheduled to be 12 terminated pursuant to constitutional mandate, and 13 WHEREAS, the Legislature has reviewed the trust fund before 14 its scheduled termination date and has found that it continues 15 to meet an important public purpose, and 16 WHEREAS, the Legislature has found that existing public 17 policy concerning the trust fund sets adequate parameters for 18 its use, NOW, THEREFORE, 19 20 Be It Enacted by the Legislature of the State of Florida: 21 22 Section 1. The Transportation Governmental Bond Trust Fund 23 within the Department of Transportation, FLAIR number 55-2-739, 24 which is to be terminated pursuant to Section 19(f), Article III 25 of the State Constitution on July 1, 2014, is re-created. 26 Section 2. Subsection (3) of section 339.0816, Florida 27 Statutes, is repealed. 28 Section 3. This act shall take effect July 1, 2013.