Bill Text: FL S2796 | 2010 | Regular Session | Introduced
Bill Title: Operating Trust Fund/Executive Office of Governor [WPSC]
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Failed) 2010-04-30 - Died in Messages [S2796 Detail]
Download: Florida-2010-S2796-Introduced.html
Florida Senate - 2010 SB 2796 By Senator Ring 32-02341-10 20102796__ 1 A bill to be entitled 2 An act relating to trust funds; creating the Operating 3 Trust Fund within the Executive Office of the 4 Governor; providing for the purpose of the trust fund 5 and sources of funds; providing for future review and 6 termination or re-creation of the trust fund; 7 providing a contingent effective date. 8 9 Be It Enacted by the Legislature of the State of Florida: 10 11 Section 1. Operating Trust Fund.— 12 (1) The Operating Trust Fund is created within the 13 Executive Office of the Governor. 14 (2) The trust fund is established for use as a depository 15 of fees and related revenue for the purpose of supporting 16 program operations and for such other purposes as may be 17 appropriate, and shall be expended only pursuant to legislative 18 appropriation or an approved amendment to the agency’s operating 19 budget pursuant to the provisions of chapter 216, Florida 20 Statutes. 21 (3) In accordance with s. 19(f)(2), Article III of the 22 State Constitution, the Operating Trust Fund shall, unless 23 terminated sooner, be terminated on July 1, 2014. Before its 24 scheduled termination, the trust fund shall be reviewed as 25 provided in s. 215.3206(1) and (2), Florida Statutes. 26 Section 2. This act shall take effect on the same date that 27 SB 1238 or similar legislation takes effect, if such legislation 28 is enacted in the same legislative session, or an extension 29 thereof, and becomes law, but this act shall not take effect 30 unless it is enacted by a three-fifths vote of the membership of 31 each house of the Legislature.