Bill Text: FL H7149 | 2010 | Regular Session | Introduced

---

Bill Title: Trust Funds/Federal Grants Trust Fund/DCA

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2010-03-24 - Placed on Special Order Calendar; Substituted SB 2462; Laid on Table, companion bill(s) passed, see SB 2462 (Ch. 2010-21) -HJ 00392 [H7149 Detail]

Download: Florida-2010-H7149-Introduced.html

---

HB 7149

1	A bill to be entitled
2	An act relating to trust funds; creating the Federal
3	Grants Trust Fund within the Department of Community
4	Affairs; providing for sources of funds and purposes;
5	providing for future review and termination or re-creation
6	of the trust fund; providing a contingent effective date.
7
8	Be It Enacted by the Legislature of the State of Florida:
9
10	Section 1. Federal Grants Trust Fund.-
11	(1) The Federal Grants Trust Fund is created within the
12	Department of Community Affairs.
13	(2) The trust fund is established for use as a depository
14	for funds to be used for allowable grant activities funded by
15	restricted program revenues from federal sources. Moneys to be
16	credited to the trust fund shall consist of grants and funding
17	from the Federal Government, interest earnings, and cash
18	advances from other trust funds. Funds shall be expended only
19	pursuant to legislative appropriation or an approved amendment
20	to the department's operating budget pursuant to the provisions
21	of chapter 216, Florida Statutes.
22	(3) In accordance with s. 19(f)(2), Article III of the
23	State Constitution, the Federal Grants Trust Fund shall, unless
24	terminated sooner, be terminated on July 1, 2014. Before its
25	scheduled termination, the trust fund shall be reviewed as
26	provided in s. 215.3206(1) and (2), Florida Statutes.
27	Section 2. This act shall take effect July 1, 2010, but it
28	shall not take effect unless it is enacted by a three-fifths
29	vote of the membership of each house of the Legislature.

CODING: Words stricken are deletions; words underlined are additions.