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FL S2788
Bill
AI Summary
- Creates the Federal Grants Trust Fund within the Department of Financial Services
- Fund receives deposits from federal grants and funding, interest earnings, and cash advances from other trust funds for allowable grant activities
- Funds may only be expended through legislative appropriation or approved budget amendments under Florida Statutes chapter 216
- Trust fund is scheduled for termination on July 1, 2014, unless terminated sooner, with mandatory review required before that date
- Requires three-fifths vote passage in both chambers and takes effect upon enactment of SB 8 or similar legislation
Legislative Description
Federal Grants Trust Fund/DFS [WPSC]
Last Action
Died in Messages, companion bill(s) passed, see CS/CS/SB 1484 (Ch. 2010-144)
4/30/2010
Committee Referrals
General Government Appropriations4/12/2010
Full Bill Text
No bill text available