The Florida Senate

216.222  Budget Stabilization Fund; criteria for withdrawing moneys.--Moneys in the Budget Stabilization Fund may be transferred to the General Revenue Fund for:

(1)  Offsetting a deficit in the General Revenue Fund. A deficit is deemed to occur when the official estimate of funds available in the General Revenue Fund for a fiscal year falls below the total amount appropriated from the General Revenue Fund for that fiscal year. Such a transfer must be made pursuant to s. 216.221, or pursuant to an appropriation by law.

(2)  Providing funding for an emergency as defined in s. 252.34. The emergency must have been declared by the Governor pursuant to s. 252.36, or declared by law. Such a transfer must be made pursuant to s. 252.37, subject to the conditions in that section, or pursuant to an appropriation by law.

History.--s. 1, ch. 94-250.