Senate Bill sb1008

    Florida Senate - 2004        (NP)                      SB 1008

    By Senator Webster





    309-440-04

  1                      A bill to be entitled

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

  3         Florida Forever Program 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; repealing s. 380.5115(3), F.S.;

  8         abrogating provisions relating to the

  9         termination of the trust fund, to conform;

10         providing an effective date.

11  

12         WHEREAS, the Legislature wishes to extend the life of

13  the Florida Forever Program Trust Fund within the Department

14  of Community Affairs, which is otherwise scheduled to be

15  terminated pursuant to constitutional mandate, and

16         WHEREAS, the Legislature has reviewed the trust fund

17  before its scheduled termination date and has found that it

18  continues to meet an important public purpose, and

19         WHEREAS, the Legislature has found that existing public

20  policy concerning the trust fund sets adequate parameters for

21  its use, NOW, THEREFORE,

22  

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

24  

25         Section 1.  (1)  The Florida Forever Program Trust Fund

26  within the Department of Community Affairs, FLAIR number

27  52-2-349, which is to be terminated pursuant to Section 19(f),

28  Article III of the State Constitution on November 4, 2004, is

29  re-created.

30  

31  

                                  1

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






    Florida Senate - 2004        (NP)                      SB 1008
    309-440-04




 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.  Subsection (3) of section 380.5115, Florida

 5  Statutes, is repealed.

 6         Section 3.  This act shall take effect November 4,

 7  2004.

 8  

 9            *****************************************

10                          SENATE SUMMARY

11    Re-creates the Florida Forever Program Trust Fund within
      the Department of Community Affairs.
12  

13  

14  

15  

16  

17  

18  

19  

20  

21  

22  

23  

24  

25  

26  

27  

28  

29  

30  

31  

                                  2

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