Bill Text: FL S0896 | 2017 | Regular Session | Enrolled
Bill Title: Florida Prepaid College Board
Spectrum: Slight Partisan Bill (? 2-1)
Status: (Passed) 2017-06-12 - Chapter No. 2017-76 [S0896 Detail]
Download: Florida-2017-S0896-Enrolled.html
ENROLLED 2017 Legislature CS for CS for SB 896 2017896er 1 2 An act relating to the Florida Prepaid College Board; 3 amending s. 1009.971, F.S.; revising the financial 4 disclosures required to be filed by certain Florida 5 Prepaid College Board members; amending s. 1009.983, 6 F.S.; extending the repeal date of the direct-support 7 organization for the Florida Prepaid College Board; 8 providing an effective date. 9 10 Be It Enacted by the Legislature of the State of Florida: 11 12 Section 1. Subsection (2) of section 1009.971, Florida 13 Statutes, is amended to read: 14 1009.971 Florida Prepaid College Board.— 15 (2) FLORIDA PREPAID COLLEGE BOARD; MEMBERSHIP.—The board 16 shall consist of seven members to be composed of the Attorney 17 General, the Chief Financial Officer, the Chancellor of the 18 State University System, the Chancellor of the Division of 19 Florida Colleges, and three members appointed by the Governor 20 and subject to confirmation by the Senate. Each member appointed 21 by the Governor shall possess knowledge, skill, and experience 22 in the areas of accounting, actuary, risk management, or 23 investment management. Each member of the board not appointed by 24 the Governor may name a designee to serve on the board on behalf 25 of the member; however, any designee so named shall meet the 26 qualifications required of gubernatorial appointees to the 27 board. Members appointed by the Governor shall serve terms of 3 28 years. Any person appointed to fill a vacancy on the board shall 29 be appointed in a like manner and shall serve for only the 30 unexpired term. Any member shall be eligible for reappointment 31 and shall serve until a successor qualifies. Members of the 32 board shall serve without compensation but shall be reimbursed 33 for per diem and travel in accordance with s. 112.061. Each 34 member of the board who is not otherwise required toshallfile 35 a full and public disclosure ofhis or herfinancial interests 36 pursuant to s. 8, Art. II of the State Constitution or s. 37 112.3144 shall file a statement of financial interests pursuant 38 to s. 112.3145and corresponding statute. 39 Section 2. Subsection (9) of section 1009.983, Florida 40 Statutes, is amended to read: 41 1009.983 Direct-support organization; authority.— 42 (9) This section is repealed October 1, 20222017, unless 43 reviewed and saved from repeal by the Legislature. 44 Section 3. This act shall take effect July 1, 2017.