Bill Text: FL S7046 | 2013 | Regular Session | Introduced
Bill Title: State Technology Working Capital Trust Fund/Department of State Technology
Spectrum: Committee Bill
Status: (N/A - Dead) 2013-04-04 - Submit as committee bill by Appropriations (SB 1506) [S7046 Detail]
Download: Florida-2013-S7046-Introduced.html
Florida Senate - 2013 (PROPOSED COMMITTEE BILL) SPB 7046 FOR CONSIDERATION By the Committee on Appropriations 576-03089A-13 20137046__ 1 A bill to be entitled 2 An act relating to trust funds; creating s. 282.221, 3 F.S.; creating the State Technology Working Capital 4 Trust Fund within the Department of State Technology; 5 providing for the purpose of the trust fund and 6 sources of funds; providing for future review and 7 termination or recreation of the trust fund; providing 8 a contingent effective date. 9 10 Be It Enacted by the Legislature of the State of Florida: 11 12 Section 1. Section 282.221, Florida Statutes, is created to 13 read: 14 282.221 State Technology Working Capital Trust Fund.— 15 (1) The State Technology Working Capital Trust Fund is 16 created within the Department of State Technology. 17 (2) The State Technology Working Capital Trust Fund is 18 established for use as a depository for funds received by a 19 state data center from the billing of customer entities for the 20 cost of services provided to the customer entity, funds received 21 by the Department of State Technology, interest earnings, and 22 cash advances from customer entities. Moneys deposited in the 23 trust fund shall be used to fund operations of the department 24 and the state data center. 25 (3) In accordance with s. 19(f)(2), Art. III of the State 26 Constitution, unless terminated sooner, the State Technology 27 Working Capital Trust Fund shall be terminated on July 1, 2017. 28 Before its scheduled termination, the trust fund shall be 29 reviewed as provided under s. 215.3206(1) and (2). 30 Section 2. This act shall take effect July 1, 2013, if SB 31 1762 or similar legislation is adopted in the same legislative 32 session or an extension thereof and becomes law.