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Florida Senate - 2008 COMMITTEE AMENDMENT

Bill No. CS for SB's 2086 & 2498

414270

CHAMBER ACTION

Senate

Comm: RCS

4/16/2008

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House



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The Committee on Judiciary (Fasano) recommended the following

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amendment:

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     Senate Amendment (with title amendments)

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     Delete line(s) 2697-2725

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and insert:

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     Section 50.  Section 718.509, Florida Statutes, is amended,

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and section 498.019, Florida Statutes, is transferred, renumbered

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as subsections (1) and (2) of that section, and amended to read:

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     718.509 Division of Florida Land Sales, Condominiums,

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Timeshares, and Mobile Homes Trust Fund.--All funds collected by

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the division and any amount paid for a fee or penalty under this

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chapter shall be deposited in the State Treasury to the credit of

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the Division of Florida Land Sales, Condominiums, and Mobile

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Homes Trust Fund created by s. 498.019.

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     498.019 Division of Florida Land Sales, Condominiums, and

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Mobile Homes Trust Fund.--

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     (1)  There is created within the State Treasury the Division

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of Florida Land Sales, Condominiums, Timeshares, and Mobile Homes

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Trust Fund to be used for the administration and operation of

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this chapter and chapters 718, 719, 721, and 723 by the division.

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     (2)  All moneys collected by the division from fees, fines,

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or penalties or from costs awarded to the division by a court or

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administrative final order shall be paid into the Division of

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Florida Land Sales, Condominiums, Timeshares, and Mobile Homes

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Trust Fund. The Legislature shall appropriate funds from this

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trust fund sufficient to carry out the provisions of this chapter

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and the provisions of law with respect to each category of

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business covered by the this trust fund. The division shall

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maintain separate revenue accounts in the trust fund for each of

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the businesses regulated by the division. The division shall

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provide for the proportionate allocation among the accounts of

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expenses incurred by the division in the performance of its

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duties with respect to each of these businesses. As part of its

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normal budgetary process, the division shall prepare an annual

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report of revenue and allocated expenses related to the operation

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of each of these businesses which may be used to determine fees

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charged by the division. This subsection shall operate pursuant

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to the provisions of s. 215.20.

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================ T I T L E  A M E N D M E N T ================

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And the title is amended as follows:

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     Delete line(s) 197-200

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and insert:

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conforming changes; amending s. 718.509, F.S., and

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transferring, renumbering, and amending s. 498.019, F.S.;

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consolidating and revising provisions relating to the

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creation, purposes, and sources of funds of the Division

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of Florida Condominiums, Timeshares, and Mobile Homes

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Trust Fund; revising provisions to conform to

4/15/2008  5:52:00 PM     11-07588-08

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

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