Bill Text: FL S0684 | 2014 | Regular Session | Enrolled

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Bill Title: State Economic Enhancement and Development Trust Fund/Department of Economic Opportunity

Spectrum: Partisan Bill (Republican 1-0)

Status: (Passed) 2014-06-02 - Chapter No. 2014-46 [S0684 Detail]

Download: Florida-2014-S0684-Enrolled.html

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       ENROLLED
       2014 Legislature                                          SB 684
       
       
       
       
       
       
                                                              2014684er
    1  
    2         An act relating to trust funds; re-creating the State
    3         Economic Enhancement and Development Trust Fund within
    4         the Department of Economic Opportunity without
    5         modification; repealing s. 288.1201(4), F.S.;
    6         abrogating provisions relating to the termination of
    7         the trust fund, to conform; providing an effective
    8         date.
    9  
   10         WHEREAS, the Legislature wishes to extend the life of the
   11  State Economic Enhancement and Development Trust Fund within the
   12  Department of Economic Opportunity which is otherwise scheduled
   13  to be terminated pursuant to constitutional mandate, and
   14         WHEREAS, the Legislature has reviewed the trust fund before
   15  its scheduled termination date and has found that it continues
   16  to meet an important public purpose, and
   17         WHEREAS, the Legislature has found that existing public
   18  policy concerning the trust fund sets adequate parameters for
   19  its use, NOW, THEREFORE,
   20  
   21  Be It Enacted by the Legislature of the State of Florida:
   22  
   23         Section 1. The State Economic Enhancement and Development
   24  Trust Fund within the Department of Economic Opportunity, FLAIR
   25  number 40-2-041, which is to be terminated pursuant to Section
   26  19(f), Article III of the State Constitution on July 1, 2015, is
   27  re-created.
   28         Section 2. Subsection (4) of section 288.1201, Florida
   29  Statutes, is repealed.
   30         Section 3. This act shall take effect July 1, 2014.