December 11, 2019
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The Florida Statutes

The 2001 Florida Statutes

Title XXX
Social Welfare
Chapter 430
Elderly Affairs
View Entire Chapter
Section 430.42, Florida Statutes 2001

430.42  Department of Elderly Affairs Tobacco Settlement Trust Fund.--

(1)  The Department of Elderly Affairs Tobacco Settlement Trust Fund is created within that department. Funds to be credited to the trust fund shall consist of funds disbursed, by nonoperating transfer, from the Department of Banking and Finance Tobacco Settlement Clearing Trust Fund in amounts equal to the annual appropriations made from this trust fund.

(2)  Notwithstanding the provisions of s. 216.301 and pursuant to s. 216.351, any unencumbered balance in the trust fund at the end of any fiscal year and any encumbered balance remaining undisbursed on December 31 of the same calendar year shall revert to the Department of Banking and Finance Tobacco Settlement Clearing Trust Fund.

History.--s. 1, ch. 99-200; s. 2, ch. 2000-34.

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