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Senate Bill 0832

Senate Bill sb0832

CODING: Words stricken are deletions; words underlined are additions.
    Florida Senate - 2004        (NP)                       SB 832

    By Senator Clary





    309-522A-04

  1                      A bill to be entitled

  2         An act relating to trust funds; re-creating the

  3         Treasurer's Administrative and Investment Trust

  4         Fund within the Department of Financial

  5         Services without modification; carrying forward

  6         current balances and continuing current sources

  7         and uses thereof; providing an effective date.

  8  

  9         WHEREAS, the Legislature wishes to extend the life of

10  the Treasurer's Administrative and Investment Trust Fund

11  within the Department of Financial Services, which is

12  otherwise scheduled to be terminated pursuant to

13  constitutional mandate, and

14         WHEREAS, the Legislature has reviewed the trust fund

15  before its scheduled termination date and has found that it

16  continues to meet an important public purpose, and

17         WHEREAS, the Legislature has found that existing public

18  policy concerning the trust fund sets adequate parameters for

19  its use, NOW, THEREFORE,

20  

21  Be It Enacted by the Legislature of the State of Florida:

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23         Section 1.  (1)  The Treasurer's Administrative and

24  Investment Trust Fund within the Department of Financial

25  Services, FLAIR number 43-2-725, which is to be terminated

26  pursuant to Section 19(f), Article III of the State

27  Constitution on November 4, 2004, is re-created.

28         (2)  All current balances of the trust fund are carried

29  forward, and all current sources and uses of the trust fund

30  are continued.

31  

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CODING: Words stricken are deletions; words underlined are additions.






    Florida Senate - 2004        (NP)                       SB 832
    309-522A-04




 1         Section 2.  This act shall take effect November 4,

 2  2004.

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 5                          SENATE SUMMARY

 6    Re-creates the Treasurer's Administrative and Investment
      Trust Fund within the Department of Financial Services.
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CODING: Words stricken are deletions; words underlined are additions.

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