Florida Senate - 2014 SB 688 By Senator Gardiner 13-00788-14 2014688__ 1 A bill to be entitled 2 An act relating to trust funds; re-creating the 3 Federal Grants Trust Fund within the Executive Office 4 of the Governor without modification; repealing s. 5 14.235(4), F.S.; abrogating provisions relating to the 6 termination of the trust fund, to conform; providing 7 an effective date. 8 9 WHEREAS, the Legislature wishes to extend the life of the 10 Federal Grants Trust Fund within the Executive Office of the 11 Governor, which is otherwise scheduled to be terminated pursuant 12 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 Federal Grants Trust Fund within the 23 Executive Office of the Governor, FLAIR number 31-2-261, which 24 is to be terminated pursuant to Section 19(f), Article III of 25 the State Constitution on July 1, 2015, is re-created. 26 Section 2. Subsection (4) of section 14.235, Florida 27 Statutes, is repealed. 28 Section 3. This act shall take effect July 1, 2014.