Bill Text: FL S1764 | 2018 | Regular Session | Introduced
Bill Title: Healthy Florida Trust Fund/State Treasury
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Failed) 2018-03-10 - Died in Health Policy [S1764 Detail]
Download: Florida-2018-S1764-Introduced.html
Florida Senate - 2018 SB 1764 By Senator Torres 15-01825-18 20181764__ 1 A bill to be entitled 2 An act relating to trust funds; creating s. 408.971, 3 F.S.; creating the Healthy Florida Trust Fund in the 4 State Treasury to be administered by the Healthy 5 Florida Board created under SB ____; providing that 6 moneys in the fund must be continuously appropriated 7 without regard to fiscal year; authorizing unexpended 8 or unencumbered moneys in a fiscal year to be carried 9 forward to the next fiscal year; providing that moneys 10 in the fund may not be loaned, transferred, or 11 otherwise used by the state except for certain 12 purposes; requiring the board to establish and 13 maintain a prudent reserve in the fund; prohibiting 14 specified uses of moneys by the board or board staff; 15 requiring that moneys be used only for purposes 16 specified in the Healthy Florida Act created under SB 17 ____; requiring that interest earned on fund moneys be 18 retained in the fund; specifying the funds that will 19 be held in the trust fund; requiring that a federal 20 funds account be created within the trust fund to hold 21 federal funds; providing for future review and 22 termination or re-creation of the trust fund; 23 providing directives to the Division of Law Revision 24 and Information; providing a contingent effective 25 date. 26 27 Be It Enacted by the Legislature of the State of Florida: 28 29 Section 1. Section 408.971, Florida Statutes, is created to 30 read: 31 408.971 The Healthy Florida Trust Fund.— 32 (1) The Healthy Florida Trust Fund is created in the State 33 Treasury to be administered by the Healthy Florida Board in 34 accordance with this part. Notwithstanding chapter 216, all 35 moneys in the fund must be continuously appropriated without 36 regard to fiscal year. Any moneys in the fund that are 37 unexpended or unencumbered at the end of a fiscal year may be 38 carried forward to the next fiscal year. 39 (2) Notwithstanding any other law, moneys deposited in the 40 fund may not be loaned, transferred, or otherwise used by the 41 state for any purpose other than as provided under this part. 42 (3) The board shall establish and maintain a prudent 43 reserve in the fund. 44 (4) The board or staff of the board may not use moneys 45 intended for the administrative and operational expenses of the 46 board for staff retreats, promotional giveaways, excessive 47 executive compensation, or promotion of federal or state 48 legislative or regulatory modifications. Moneys in the fund may 49 be used only for the purposes specified in this part. 50 (5) Notwithstanding s. 215.20, all interest earned on the 51 moneys that have been deposited into the fund must be retained 52 in the fund. 53 (6) The trust fund consists of all of the following: 54 (a) All moneys obtained pursuant to legislation enacted as 55 proposed under s. 408.972. 56 (b) Federal payments received as a result of any waiver of 57 requirements granted or other arrangements agreed to by the 58 United States Secretary of Health and Human Services or other 59 appropriate federal officials for health care programs 60 established under Medicare, any federally matched public health 61 program, or the Affordable Care Act. 62 (c) The amounts paid by the Department of Health which are 63 equivalent to those amounts that are paid on behalf of residents 64 of this state under Medicare, any federally matched public 65 health program, or the Affordable Care Act for health benefits 66 that are equivalent to health benefits covered under Healthy 67 Florida. 68 (d) Federal and state funds for purposes of the provision 69 of services authorized under Title XX of the Social Security 70 Act, 42 U.S.C. ss. 1397 et seq., which would otherwise be 71 covered under Healthy Florida. 72 (e) State moneys that would otherwise be appropriated to 73 any governmental agency, office, program, instrumentality, or 74 institution that provides health care services and benefits 75 covered under Healthy Florida. 76 77 Payments to the fund pursuant to this subsection must be in an 78 amount equal to the money appropriated for those purposes in the 79 fiscal year beginning immediately preceding the effective date 80 of this act. 81 (7) A federal funds account must be created within the fund 82 to hold federal moneys under this section. 83 (8) In accordance with s. 19(f)(2), Art. III of the State 84 Constitution, unless terminated sooner, the Healthy Florida 85 Trust Fund shall be terminated 4 years after the effective date 86 of this act. Before its scheduled termination, the trust fund 87 shall be reviewed as provided under s. 215.3206(1) and (2). 88 Section 2. The Division of Law Revision and Information is 89 directed to replace the phrase “the effective date of this act” 90 where it occurs in this act with the date the act becomes a law. 91 Section 3. The Division of Law Revision and Information is 92 directed to replace the phrase “4 years after the effective date 93 of this act” where it occurs in this act with the date the trust 94 fund will terminate. 95 Section 4. This act shall take effect on the same date that 96 SB ____ or similar legislation takes effect, if such legislation 97 is adopted in the same legislative session or an extension 98 thereof and becomes a law.