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

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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

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HB 7143

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

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