Bill Text: FL S2510 | 2024 | Regular Session | Prefiled
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Trust Funds/Correctional Facilities Capital Improvement Trust Fund/Department of Corrections
Spectrum: Committee Bill
Status: (Failed) 2024-03-08 - Died in Conference Committee [S2510 Detail]
Download: Florida-2024-S2510-Prefiled.html
Bill Title: Trust Funds/Correctional Facilities Capital Improvement Trust Fund/Department of Corrections
Spectrum: Committee Bill
Status: (Failed) 2024-03-08 - Died in Conference Committee [S2510 Detail]
Download: Florida-2024-S2510-Prefiled.html
Florida Senate - 2024 (PROPOSED BILL) SPB 2510 FOR CONSIDERATION By the Committee on Appropriations 576-02319-24 20242510pb 1 A bill to be entitled 2 An act relating to trust funds; creating s. 944.75, 3 F.S.; creating the Correctional Facilities Capital 4 Improvement Trust Fund within the Department of 5 Corrections; providing the purpose of the trust fund; 6 providing for future review and termination or re 7 creation of the trust fund; providing an effective 8 date. 9 10 Be It Enacted by the Legislature of the State of Florida: 11 12 Section 1. Section 944.75, Florida Statutes, is created to 13 read: 14 944.75 Correctional Facilities Capital Improvement Trust 15 Fund.— 16 (1) The Correctional Facilities Capital Improvement Trust 17 Fund is created within the Department of Corrections. The 18 purpose of the trust fund is to address the critical fixed 19 capital outlay needs of state-operated correctional facilities. 20 (2) Moneys shall be deposited into and the expenditures 21 made from the trust fund as provided in s. 944.751. 22 (3) Notwithstanding s. 216.301 and pursuant to s. 216.351, 23 any balance in the trust fund at the end of any fiscal year 24 shall remain in the trust fund at the end of the year and shall 25 be available for carrying out the purpose of the trust fund. 26 (4) In accordance with s. 19(f), Art. III of the State 27 Constitution, the Correctional Facilities Capital Improvement 28 Trust Fund, unless terminated sooner, shall be terminated on 29 July 1, 2028. Before its scheduled termination, the trust fund 30 shall be reviewed as provided in s. 215.3206(1) and (2). 31 Section 2. This act shall take effect July 1, 2024.