| 1 | A bill to be entitled |
| 2 | An act relating to educational enhancement funding; |
| 3 | amending ss. 1010.70 and 1013.71, F.S.; revising |
| 4 | provisions relating to the Educational Enhancement Trust |
| 5 | Fund and the Lottery Capital Outlay and Debt Service Trust |
| 6 | Fund to provide for the redirection for classroom use and |
| 7 | operations of a portion of the lottery funds appropriated |
| 8 | each fiscal year for capital outlay and debt service; |
| 9 | providing an effective date. |
| 10 |
|
| 11 | Be It Enacted by the Legislature of the State of Florida: |
| 12 |
|
| 13 | Section 1. Section 1010.70, Florida Statutes, is amended |
| 14 | to read: |
| 15 | 1010.70 Educational Enhancement Trust Fund.-Each fiscal |
| 16 | year, variable percentages of the gross revenue from the sale of |
| 17 | online and instant lottery tickets as determined by the |
| 18 | department, and other earned revenue, excluding application |
| 19 | processing fees, shall be deposited in the Educational |
| 20 | Enhancement Trust Fund as provided in s. 24.121. Notwithstanding |
| 21 | any other provision of law to the contrary and beginning with |
| 22 | the 2011-2012 fiscal year, 25 percent of the lottery funds |
| 23 | deposited under this section each fiscal year and appropriated |
| 24 | for fixed capital outlay and debt service shall be redirected to |
| 25 | classroom use and operations. Funds redirected to classroom use |
| 26 | and operations shall not substitute general funds previously |
| 27 | allocated for classroom purposes. |
| 28 | Section 2. Section 1013.71, Florida Statutes, is amended |
| 29 | to read: |
| 30 | 1013.71 Lottery Capital Outlay and Debt Service Trust |
| 31 | Fund.- |
| 32 | (1)(a) The Lottery Capital Outlay and Debt Service Trust |
| 33 | Fund is hereby created, to be administered by the Department of |
| 34 | Education. Funds shall be credited to the trust fund from |
| 35 | legislative appropriations and interest earnings. The purpose of |
| 36 | the trust fund is to maintain and account for lottery funds |
| 37 | appropriated for fixed capital outlay and debt service |
| 38 | separately from lottery funds appropriated for current |
| 39 | operations. |
| 40 | (b) Notwithstanding the provisions of s. 216.301 and |
| 41 | pursuant to s. 216.351, any balance in the trust fund at the end |
| 42 | of any fiscal year shall remain in the trust fund and shall be |
| 43 | available for carrying out the purposes of the trust fund. |
| 44 | (2) Lottery funds appropriated for fixed capital outlay |
| 45 | and debt service, along with any interest earned thereon, shall |
| 46 | be transferred from the Educational Enhancement Trust Fund to |
| 47 | the Lottery Capital Outlay and Debt Service Trust Fund. |
| 48 | (3) Pursuant to the provisions of s. 19(f)(3), Art. III of |
| 49 | the State Constitution, the trust fund is not subject to |
| 50 | termination under s. 19(f)(2), Art. III of the State |
| 51 | Constitution. |
| 52 | (4) Notwithstanding any other provision of law to the |
| 53 | contrary and beginning with the 2011-2012 fiscal year, 25 |
| 54 | percent of the lottery funds designated for capital outlay |
| 55 | purposes under this section each fiscal year shall be redirected |
| 56 | to classroom use and operations. Funds redirected to classroom |
| 57 | use and operations shall not substitute general funds previously |
| 58 | allocated for classroom purposes. |
| 59 | Section 3. This act shall take effect July 1, 2011. |