Senate Bill 0574

    Florida Senate - 2000        (NP)                       SB 574

    By Senator Klein





    309-551-00                                              See HB

  1                      A bill to be entitled

  2         An act relating to trust funds; re-creating the

  3         Employment Security Administration Trust Fund

  4         within the Department of Labor and Employment

  5         Security without modification; carrying forward

  6         current balances and continuing current sources

  7         and uses thereof; providing an effective date.

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  9         WHEREAS, the Legislature wishes to extend the life of

10  the Employment Security Administration Trust Fund within the

11  Department of Labor and Employment Security, which is

12  otherwise scheduled to be terminated pursuant to

13  constitutional mandate, and

14         WHEREAS, the Legislature has reviewed the trust fund

15  before its scheduled termination date and has found that it

16  continues to meet an important public purpose, and

17         WHEREAS, the Legislature has found that existing public

18  policy concerning the trust fund sets adequate parameters for

19  its use, NOW, THEREFORE,

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21  Be It Enacted by the Legislature of the State of Florida:

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23         Section 1.  (1)  The Employment Security Administration

24  Trust Fund within the Department of Labor and Employment

25  Security, FLAIR number 54-2-195, which is to be terminated

26  pursuant to Section 19(f), Article III of the State

27  Constitution on November 4, 2000, is re-created.

28         (2)  All current balances of the trust fund are carried

29  forward, and all current sources and uses of the trust fund

30  are continued.

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






    Florida Senate - 2000        (NP)                       SB 574
    309-551-00                                              See HB




  1         Section 2.  This act shall take effect November 4,

  2  2000.

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  5                          HOUSE SUMMARY

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      Re-creates the Employment Security Administration Trust
  7    Fund within the Department of Labor and Employment
      Security.
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