Bill Text: FL H7143 | 2010 | Regular Session | Introduced


Bill Title: Trust Funds/Federal Grants Trust Fund/DOS

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2010-03-24 - Placed on Special Order Calendar; Substituted CS/SB 1638; Laid on Table, companion bill(s) passed, see CS/SB 1638 (Ch. 2010-17) -HJ 00391 [H7143 Detail]

Download: Florida-2010-H7143-Introduced.html
HB 7143
1
A bill to be entitled
2An act relating to trust funds; creating the Federal
3Grants Trust Fund within the Department of State;
4providing for the purpose of the trust fund and sources of
5funds; providing for future review and termination or re-
6creation of the trust fund; providing a contingent
7effective date.
8
9Be It Enacted by the Legislature of the State of Florida:
10
11 Section 1. Federal Grants Trust Fund.-
12 (1) The Federal Grants Trust Fund is created within the
13Department of State.
14 (2) The trust fund is established for use as a depository
15for funds to be used for allowable grant activities funded by
16restricted program revenues from federal sources. Moneys to be
17credited to the trust fund shall consist of grants and funding
18from the Federal Government, interest earnings, and cash
19advances from other trust funds. Funds shall be expended only
20pursuant to legislative appropriation or an approved amendment
21to the department's operating budget pursuant to the provisions
22of chapter 216, Florida Statutes.
23 (3) In accordance with s. 19(f)(2), Article III of the
24State Constitution, the Federal Grants Trust Fund shall, unless
25terminated sooner, be terminated on July 1, 2014. Before its
26scheduled termination, the trust fund shall be reviewed as
27provided in s. 215.3206(1) and (2), Florida Statutes.
28 Section 2. This act shall take effect July 1, 2010, but
29this act shall not take effect unless it is enacted by a three-
30fifths vote of the membership of each house of the Legislature.
CODING: Words stricken are deletions; words underlined are additions.
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