Florida Senate - 2021 SB 1586
By Senator Cruz
18-01996-21 20211586__
1 A bill to be entitled
2 An act relating to the Family and Medical Leave
3 Insurance Benefits Fund; creating s. 444.015, F.S.;
4 creating the Family and Medical Leave Insurance
5 Benefits Fund under the Department of Financial
6 Services; providing the purpose of the trust fund;
7 providing for future review and termination of the
8 trust fund; providing a contingent effective date.
9
10 Be It Enacted by the Legislature of the State of Florida:
11
12 Section 1. Section 444.015, Florida Statutes, is created to
13 read:
14 444.015 Family and Medical Leave Insurance Benefits Fund.—
15 (1) The Family and Medical Leave Insurance Benefits Fund is
16 created under the Department of Financial Services. Moneys
17 credited to the trust fund shall be used for the purpose of
18 administering the family and medical leave insurance benefits
19 program. Funds credited to the trust fund shall consist of
20 contributions collected pursuant to s. 444.012. Only the
21 executive director of the department or his or her designee may
22 authorize expenditures from the fund.
23 (2) In accordance with s. 19(f)(2), Art. III of the State
24 Constitution, the Family and Medical Leave Insurance Benefits
25 Fund, unless terminated sooner, shall be terminated on July 1,
26 2025. Before its scheduled termination, the trust fund shall be
27 reviewed as provided in s. 215.3206(1) and (2).
28 Section 2. This act shall take effect on the same date that
29 SB ___ or similar legislation takes effect, if such legislation
30 is adopted in the same legislative session or an extension
31 thereof and becomes a law.