Florida Senate - 2019 SB 1510 By Senator Simmons 9-01754-19 20191510__ 1 A bill to be entitled 2 An act relating to trust funds; creating s. 163.5162, 3 F.S.; creating the Safe Neighborhood Improvement 4 District Revolving Loan Trust Fund within the 5 Department of Legal Affairs; providing for the purpose 6 of the trust fund; providing that any balance 7 remaining in the trust fund at end of a fiscal year 8 remains in the trust fund; providing for future review 9 and termination or re-creation of the trust fund; 10 providing a contingent effective date. 11 12 Be It Enacted by the Legislature of the State of Florida: 13 14 Section 1. Section 163.5162, Florida Statutes, is created 15 to read: 16 163.5162 Safe Neighborhood Improvement District Revolving 17 Loan Trust Fund.— 18 (1) The Safe Neighborhood Improvement District Revolving 19 Loan Trust Fund is created within the Department of Legal 20 Affairs to provide loans to safe neighborhood improvement 21 districts that meet the criteria established under s. 163.5161 22 for projects contained in crime prevention plans submitted by 23 such districts. 24 (2) Notwithstanding s. 216.301 and pursuant to s. 216.351, 25 any balance in the trust fund at the end of any fiscal year must 26 remain in the trust fund at the end of the year and must be 27 available for carrying out the purposes of the trust fund. 28 (3) In accordance with s. 19(f)(2), Art. III of the State 29 Constitution, the trust fund must, unless terminated sooner, be 30 terminated on July 1, 2023. Before its scheduled termination, 31 the trust fund must be reviewed as provided in s. 215.3206(1) 32 and (2). 33 Section 2. This act shall take effect on the same date that 34 SB ___ or similar legislation takes effect, if such legislation 35 is adopted in the same legislative session or an extension 36 thereof and becomes a law, and only if this act is enacted by a 37 three-fifths vote of the membership of each house of the 38 Legislature.