Florida Senate - 2013 SB 202
By Senator Gardiner
13-00345A-13 2013202__
1 A bill to be entitled
2 An act relating to trust funds; re-creating the
3 Transportation Governmental Bond Trust Fund within the
4 Department of Transportation without modification;
5 repealing s. 339.0816(3), F.S.; abrogating provisions
6 relating to the termination of the trust fund, to
7 conform; providing an effective date.
8
9 WHEREAS, the Legislature wishes to extend the life of the
10 Transportation Governmental Bond Trust Fund within the
11 Department of Transportation which is otherwise scheduled to be
12 terminated pursuant to constitutional mandate, and
13 WHEREAS, the Legislature has reviewed the trust fund before
14 its scheduled termination date and has found that it continues
15 to meet an important public purpose, and
16 WHEREAS, the Legislature has found that existing public
17 policy concerning the trust fund sets adequate parameters for
18 its use, NOW, THEREFORE,
19
20 Be It Enacted by the Legislature of the State of Florida:
21
22 Section 1. The Transportation Governmental Bond Trust Fund
23 within the Department of Transportation, FLAIR number 55-2-739,
24 which is to be terminated pursuant to Section 19(f), Article III
25 of the State Constitution on July 1, 2014, is re-created.
26 Section 2. Subsection (3) of section 339.0816, Florida
27 Statutes, is repealed.
28 Section 3. This act shall take effect July 1, 2013.