Florida Senate - 2014 SB 760 By Senator Detert 28-00943-14 2014760__ 1 A bill to be entitled 2 An act relating to trust funds; amending s. 20.1971, 3 F.S.; creating the Grants and Donations Trust Fund 4 within the Agency for Persons with Disabilities; 5 providing for annual carryforward of funds; providing 6 for future review and termination or re-creation of 7 the trust fund; providing an effective date. 8 9 Be It Enacted by the Legislature of the State of Florida: 10 11 Section 1. Subsection (6) is added to section 20.1971, 12 Florida Statutes, to read: 13 20.1971 Agency for Persons with Disabilities; trust funds. 14 The following trust funds shall be administered by the Agency 15 for Persons with Disabilities: 16 (6) Grants and Donations Trust Fund. 17 (a) The Grants and Donations Trust Fund is created within 18 the agency and established for use as a depository for funds 19 from grants or donations, or cash income received from the 20 disposal of such donations, received by the agency. 21 (b) Funds to be credited to and uses of the trust fund 22 shall be administered in accordance with s. 215.32. 23 (c) Notwithstanding s. 216.301 and pursuant to s. 216.351, 24 any balance in the trust fund at the end of any fiscal year 25 shall remain in the trust fund at the end of the year and shall 26 be available for carrying out the purposes of the trust fund. 27 (d) In accordance with s. 19(f)(2), Art. III of the State 28 Constitution, the Grants and Donations Trust Fund shall, unless 29 terminated earlier, be terminated on July 1, 2018. Before its 30 scheduled termination, the trust fund shall be reviewed as 31 provided in s. 215.3206(1) and (2). 32 Section 2. This act shall take effect July 1, 2014.