Florida Senate - 2010 CS for SB 1640
By the Committee on Transportation and Economic Development
Appropriations; and Senator Fasano
1 A bill to be entitled
2 An act relating to trust funds; re-creating the
3 Florida Forever Program Trust Fund within the
4 Department of Community Affairs; reenacting and
5 amending s. 380.5115, F.S., relating to the Florida
6 Forever Program Trust Fund; providing for sources of
7 funds and purposes; providing for the annual
8 carryforward of funds; providing for future review and
9 termination or re-creation of the trust fund;
10 providing a contingent effective date.
12 Be It Enacted by the Legislature of the State of Florida:
14 Section 1. The Florida Forever Program Trust Fund, FLAIR
15 number 52-2-349, is re-created within the Department of
16 Community Affairs.
17 Section 2. Notwithstanding the repeal contained in section
18 1 of chapter 2000-281, Laws of Florida, and notwithstanding the
19 exemption from termination contained in section 2 of chapter
20 2004-235, Laws of Florida, section 380.5115, Florida Statutes,
21 is reenacted and amended to read:
22 380.5115 Florida Forever Program Trust Fund of the
23 Department of Community Affairs.—
24 (1) There is created a Florida Forever Program Trust Fund
25 within the Department of Community Affairs to further the
26 purposes of this part as specified in s. 259.105(3)(c) and (j).
27 The trust fund shall receive funds pursuant to s. 259.105(3)(c)
28 and (j).
29 (2) Notwithstanding the provisions of s. 216.301 and
30 pursuant to s. 216.351, any balance in the trust fund at the end
31 of any fiscal year shall remain in the trust fund at the end of
32 the year and shall be available for carrying out the purposes of
33 the trust fund.
34 (3) Pursuant to the provisions of s. 19(f)(2), Art. III of
35 the State Constitution, the trust fund shall, unless terminated
36 sooner, be terminated on July 1, 2014
2004. Prior to its
37 scheduled termination, the trust fund shall be reviewed as
38 provided in s. 215.3206(1) and (2).
39 Section 3. This act shall take effect July 1, 2010, but
40 this act shall not take effect unless it is enacted by a three
41 fifths vote of the membership of each house of the Legislature.