Bill Text: FL S1786 | 2022 | Regular Session | Introduced

---

Bill Title: Trust Funds/Chet Smith Bike Path Trust Fund

Spectrum: Bipartisan Bill

Status: (Failed) 2022-03-14 - Died in Transportation [S1786 Detail]

Download: Florida-2022-S1786-Introduced.html

---

       Florida Senate - 2022                                    SB 1786
       
       
        
       By Senator Pizzo
       
       
       
       
       
       38-01556-22                                           20221786__
    1                        A bill to be entitled                      
    2         An act relating to trust funds; creating s. 339.0817,
    3         F.S.; creating the Chet Smith Bike Path Trust Fund
    4         within the Department of Transportation; providing the
    5         purpose of the trust fund; specifying uses for the
    6         moneys in the trust fund; requiring certain balances
    7         in the trust fund at the end of a fiscal year to
    8         remain available for specified purposes; providing for
    9         future review and termination or re-creation of the
   10         trust fund; amending s. 339.081, F.S.; requiring the
   11         Chief Financial Officer to maintain the trust fund
   12         within the State Treasury for the department;
   13         providing a contingent effective date.
   14          
   15  Be It Enacted by the Legislature of the State of Florida:
   16  
   17         Section 1. Section 339.0817, Florida Statutes, is created
   18  to read:
   19         339.0817 Chet Smith Bike Path Trust Fund.—
   20         (1) The Chet Smith Bike Path Trust Fund is created within
   21  the Department of Transportation. The purpose of the trust fund
   22  is for the deposit of funds received from the collection of
   23  fines imposed under s. 318.195.
   24         (2) Moneys deposited in the fund are available as a funding
   25  source for the creation and maintenance of bicycle lanes or
   26  bicycle paths as defined in s. 316.003(5) and (6), respectively.
   27         (3) Notwithstanding s. 216.301 and pursuant to s. 216.351,
   28  any balance in the trust fund at the end of any fiscal year
   29  shall remain in the trust fund and be available for carrying out
   30  the purposes of the trust fund.
   31         (4) In accordance with s. 19(f)(2), Art. III of the State
   32  Constitution, the Chet Smith Bike Path Trust Fund, unless
   33  terminated sooner, shall be terminated on October 1, 2026.
   34  Before its scheduled termination, the trust fund shall be
   35  reviewed as provided in s. 215.3206(1) and (2).
   36         Section 2. Subsection (1) of section 339.081, Florida
   37  Statutes, is amended to read:
   38         339.081 Department trust funds.—The Chief Financial Officer
   39  shall maintain within the State Treasury the following trust
   40  funds for the department:
   41         (1) The State Transportation Trust Fund, to which shall be
   42  credited the proceeds of the gas tax as authorized by chapter
   43  83-3, Laws of Florida, the Chet Smith Bike Path Trust Fund, and
   44  such other funds which accrue to the department which are not
   45  required to be maintained in separate trust funds.
   46         Section 3. This act shall take effect on the same date that
   47  SB 476 or similar legislation takes effect, if such legislation
   48  is adopted in the same legislative session or an extension
   49  thereof and becomes a law.