HB 221

1
A bill to be entitled
2An act relating to trust funds; creating the Sustainable
3and Renewable Energy Policy Trust Fund within the Florida
4Energy Office of the Department of Environmental
5Protection; providing for sources of funds and purposes;
6providing for annual carryforward of funds; providing for
7the future review and termination or re-creation of the
8trust fund; providing a contingent effective date.
9
10Be It Enacted by the Legislature of the State of Florida:
11
12     Section 1.  (1)  The Sustainable and Renewable Energy
13Policy Trust Fund is created within the Florida Energy Office of
14the Department of Environmental Protection. The trust fund shall
15be administered by the head of the office or his or her
16designee. Funds allocated to the trust fund include funds
17received from state appropriations, federal and state grants,
18and deposits consisting of the monthly service charge collected
19by the electric utilities in the state from every residential,
20commercial, and industrial consumer of electric service. The
21funds in the trust fund shall be used to support the activities
22of the direct-support organization of the office relating to
23sustainable and renewable energy projects in this state.
24     (2)  Notwithstanding s. 216.301, Florida Statutes, and
25pursuant to s. 216.351, Florida Statutes, any balance in the
26trust fund at the end of any fiscal year shall remain in the
27trust fund and shall be available for carrying out the purposes
28of the trust fund.
29     (3)  In accordance with s. 19(f)(2), Article III of the
30State Constitution, the Sustainable and Renewable Energy Policy
31Trust Fund shall, unless terminated sooner, be terminated on
32July 1, 2015. Before its scheduled termination, the trust fund
33shall be reviewed as provided in s. 215.3206(1) and (2), Florida
34Statutes.
35     Section 2.  This act shall take effect on the same date
36that House Bill 219 or similar legislation takes effect, if such
37legislation is adopted in the same legislative session or an
38extension thereof and becomes law.


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