Senate Bill sb1004

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    Florida Senate - 2004        (NP)                      SB 1004

    By Senator Webster





    309-438-04

  1                      A bill to be entitled

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

  3         Florida Preservation 2000 Trust Fund within the

  4         Department of Community Affairs without

  5         modification; carrying forward current balances

  6         and continuing current sources and uses

  7         thereof; providing an effective date.

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  9         WHEREAS, the Legislature wishes to extend the life of

10  the Florida Preservation 2000 Trust Fund within the Department

11  of Community Affairs, which was declared to be exempt from the

12  automatic-termination provisions of the State Constitution by

13  section 2(1) of chapter 2000-118, Laws of Florida, but which

14  after legislative review has been found not to be exempt from

15  such provisions, and

16         WHEREAS, the Legislature has found that the trust fund

17  continues to meet an important public purpose, and

18         WHEREAS, the Legislature has found that existing public

19  policy concerning the trust fund sets adequate parameters for

20  its use and that the trust fund should be re-created, NOW,

21  THEREFORE,

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

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25         Section 1.  (1)  The Florida Preservation 2000 Trust

26  Fund within the Department of Community Affairs, FLAIR number

27  52-2-332, which was declared to be exempt from the

28  automatic-termination provisions of the State Constitution by

29  section 2(1) of chapter 2000-118, Laws of Florida, is not

30  exempt from such automatic termination and is re-created.

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    Florida Senate - 2004        (NP)                      SB 1004
    309-438-04




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

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

 3  are continued.

 4         Section 2.  This act shall take effect July 1, 2004.

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 7                          SENATE SUMMARY

 8    Re-creates the Florida Preservation 2000 Trust Fund
      within the Department of Community Affairs.
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CODING: Words stricken are deletions; words underlined are additions.