Loading chat...
FL S0952
Joint Resolution
AI Summary
-
Proposes constitutional amendment to Section 19 of Article III requiring a two-thirds vote of both legislative houses in a separate bill to expend state trust fund balances for purposes other than those authorized in the act creating the trust fund
-
Adds new subsection (f)(5) to the state constitution establishing the two-thirds vote requirement and separate bill requirement for any redirection of trust fund monies
-
Amendment to be submitted to Florida voters at the next general election or earlier special election authorized by law
-
Applies to all state trust funds except those required by federal programs, bond covenants, transportation trust funds, education lottery trust fund, retirement trust funds, institutional trust funds, clearing funds, and fiduciary trust funds
Legislative Description
State Trust Funds [WPSC]
Last Action
Died in Committee on Finance and Tax
4/30/2010