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Senate Bill 1048

Senate Bill sb1048

CODING: Words stricken are deletions; words underlined are additions.
    Florida Senate - 2004        (NP)                      SB 1048

    By Senator Smith





    309-365-04

  1                      A bill to be entitled

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

  3         Capital Collateral Representative Trust Fund

  4         within the Justice Administrative Commission

  5         without modification; carrying forward current

  6         balances and continuing current sources and

  7         uses thereof; providing an effective date.

  8  

  9         WHEREAS, the Legislature wishes to extend the life of

10  the Capital Collateral Representative Trust Fund within the

11  Justice Administrative Commission, which is otherwise

12  scheduled to be terminated pursuant to constitutional mandate,

13  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:

22  

23         Section 1.  (1)  The Capital Collateral Representative

24  Trust Fund within the Justice Administrative Commission, FLAIR

25  number 21-2-072, which is to be terminated pursuant to Section

26  19(f), Article III of the State Constitution on November 4,

27  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 1048
    309-365-04




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

 2  2004.

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 5                          SENATE SUMMARY

 6    Re-creates the Capital Collateral Representative Trust
      Fund within the Justice Administrative Commission.
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CODING: Words stricken are deletions; words underlined are additions.

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