Florida Senate - 2010                                    SB 2406
       
       
       
       By Senator Bennett
       
       
       
       
       21-01999-10                                           20102406__
    1                        A bill to be entitled                      
    2         An act relating to trust funds; creating the
    3         Sustainable and Renewable Energy Policy Trust Fund
    4         within the Florida Energy Office; specifying the
    5         purpose of the trust fund; providing a funding source
    6         for the trust fund; providing for the balance in the
    7         trust fund to be carried forward each year; providing
    8         for the future review and termination or re-creation
    9         of the trust fund; providing a contingent effective
   10         date.
   11  
   12  Be It Enacted by the Legislature of the State of Florida:
   13  
   14         Section 1. (1) The Sustainable and Renewable Energy Policy
   15  Trust Fund is created within the Florida Energy Office. The
   16  trust fund shall be administered by the head of the office or
   17  his or her designee. Funds allocated to the trust fund include
   18  funds received from state appropriations, federal and state
   19  grants, and deposits consisting of the monthly service charge
   20  collected by the electric utilities in the state from every
   21  residential, commercial, and industrial consumer of electric
   22  service. The funds in the trust fund shall be used to support
   23  the activities of the direct-support organization of the office
   24  relating to sustainable and renewable energy projects in this
   25  state.
   26         (2) Notwithstanding s. 216.301, Florida Statutes, and
   27  pursuant to s. 216.351, Florida Statutes, any balance in the
   28  trust fund at the end of any fiscal year shall remain in the
   29  trust fund and be available for carrying out the purposes of the
   30  trust fund.
   31         (3) In accordance with s. 19(f)(2), Article III of the
   32  State Constitution, the Sustainable and Renewable Energy Policy
   33  Trust Fund shall, unless terminated sooner, be terminated on
   34  July 1, 2014. Before its scheduled termination, the trust fund
   35  shall be reviewed as provided in s. 215.3206(1) and (2), Florida
   36  Statutes.
   37         Section 2. This act shall take effect on the same date that
   38  Senate Bill ___ or similar legislation takes effect, if such
   39  legislation is adopted in the same legislative session, or an
   40  extension thereof, and becomes law, but this act shall not take
   41  effect unless it is enacted by a three-fifths vote of the
   42  membership of each house of the Legislature.