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FL S2792
Bill
AI Summary
- Creates the Operating Trust Fund within the Department of Financial Services to serve as a depository for fees and related revenue
- Authorizes use of trust fund monies to support program operations and other appropriate purposes, with expenditures requiring legislative appropriation or approved amendments to the agency's operating budget
- Establishes automatic termination of the trust fund on July 1, 2014, unless terminated sooner, with required review before termination date per section 215.3206, Florida Statutes
- Requires passage by three-fifths vote of both houses of the Legislature and makes the bill's effective date contingent on enactment of SB 1238 or similar legislation in the same session
Legislative Description
Operating Trust Fund/ Dept. of Financial Services [WPSC]
Last Action
Died in Messages
4/30/2010
Full Bill Text
No bill text available