Florida Senate - 2021 (PROPOSED BILL) SPB 2514 FOR CONSIDERATION By the Committee on Appropriations 576-02511B-21 20212514pb 1 A bill to be entitled 2 An act relating to the Resilient Florida Trust Fund; 3 creating s. 380.0935, F.S.; creating the Resilient 4 Florida Trust Fund within the Department of 5 Environmental Protection; providing for the purpose of 6 the fund; providing for future review and termination 7 or re-creation of the fund; providing a contingent 8 effective date. 9 10 Be It Enacted by the Legislature of the State of Florida: 11 12 Section 1. Effective July 1, 2021, section 380.0935, 13 Florida Statutes, is created to read: 14 380.0935 Resilient Florida Trust Fund.— 15 (1) The Resilient Florida Trust Fund is created within the 16 Department of Environmental Protection. 17 (2) Moneys deposited in the fund are available as a funding 18 source for the department for the Resilient Florida Grant 19 Program and the Statewide Flooding and Sea-Level Rise Resilience 20 Plan, including costs to operate the grant program, to develop 21 the plan, and to provide grants to regional resilience 22 coalitions pursuant to s. 380.093. The department may also use 23 moneys deposited in the fund for administrative and operational 24 costs of the Florida Flood Hub for Applied Research and 25 Innovation pursuant to s. 380.0933 and coastal resilience 26 initiatives. 27 (3) In accordance with s. 19(f)(2), Art. III of the State 28 Constitution, the Resilient Florida Trust Fund shall, unless 29 terminated sooner, be terminated on July 1, 2025. Before its 30 scheduled termination, the fund shall be reviewed as provided in 31 s. 215.3206(1) and (2). 32 Section 2. Except as otherwise expressly provided in this 33 act, this act shall take effect on the same date that SB 1954 or 34 similar legislation takes effect, if such legislation is adopted 35 in the same legislative session or an extension thereof and 36 becomes a law.