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FL S2462
Bill
AI Summary
- Creates the Federal Grants Trust Fund within the Department of Community Affairs effective July 1, 2010
- Establishes the trust fund to receive and disburse federal grants, interest earnings, and cash advances from other trust funds for allowable grant activities
- Requires all fund expenditures to be made pursuant to legislative appropriation or approved amendments to the department's operating budget under chapter 216, Florida Statutes
- Automatically terminates the trust fund on July 1, 2014, unless terminated sooner, with a required review before termination under section 215.3206, Florida Statutes
- Requires enactment by a three-fifths vote of both legislative chambers to take effect
Legislative Description
Federal Grants TF/Department of Community Affairs [WPSC]
Last Action
Approved by Governor -SJ 00617; Chapter No. 2010-21
4/15/2010
Full Bill Text
No bill text available