Bill Text: FL S2656 | 2010 | Regular Session | Introduced

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Bill Title: Fiscal Stability TF/State Courts System [SPSC]

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Failed) 2010-04-30 - Died in Committee on Judiciary [S2656 Detail]

Download: Florida-2010-S2656-Introduced.html

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Florida Senate - 2010                                    SB 2656 
 
By Senator Siplin 
19-01571-10                                           20102656__ 
1                        A bill to be entitled 
2         An act relating to trust funds; creating s. 25.3825, 
3         F.S.; creating the Fiscal Stability Trust Fund within 
4         the state courts system to be administered by the 
5         Supreme Court; providing for the administration of the 
6         trust fund and the use of trust fund moneys; requiring 
7         balances to remain in the trust fund at the end of the 
8         fiscal year; providing for future review and 
9         termination or re-creation of the trust fund; 
10         providing a contingent effective date. 
11 
12  Be It Enacted by the Legislature of the State of Florida: 
13 
14         Section 1. Section 25.3825, Florida Statutes, is created to 
15  read: 
16         25.3825 Fiscal Stability Trust Fund.— 
17         (1) The Fiscal Stability Trust Fund is created within the 
18  state courts system. Funds credited to the trust fund shall 
19  consist of revenues appropriated from the General Revenue Fund 
20  consisting of 1 percent of the state budget for the current 
21  fiscal year. The trust fund shall be administered by the Supreme 
22  Court. The funds shall be used to support the activities carried 
23  out under this chapter and to allocate funds to a judicial 
24  branch surplus or reserve fund monitored by the Legislature. As 
25  a matter of public safety, the judicial branch of state 
26  government shall be held harmless in years in which fiscal 
27  deficits occur. 
28         (2) Notwithstanding s. 216.301, and pursuant to s. 216.351, 
29  any balance in the trust fund at the end of any fiscal year 
30  shall remain in the trust fund and be available for carrying out 
31  the purposes of the trust fund. 
32         (3) Pursuant to s. 19(f)(2), Art. III of the State 
33  Constitution, the trust fund shall, unless terminated sooner, be 
34  terminated on July 1, 2014. Before its scheduled termination, 
35  the Fiscal Stability Trust Fund shall be reviewed as provided in 
36  s. 215.3206(1) and (2). 
37         Section 2. This act shall take effect July 1, 2010.