FL H0899

Creates section 766.4105 in Florida Statutes establishing the Patient Compensation System Trust Fund within the State Treasury.

Trust fund receives deposits of contributions required from healthcare providers under section 766.408 for operating the Patient Compensation System.

Fund balances at the end of each fiscal year remain in the trust fund and are available for carrying out the fund's purposes.

Trust fund is scheduled for termination on July 1, 2017, unless terminated sooner, and must be reviewed according to section 215.3206(1) and (2) before the termination date.

Takes effect contingent upon HB 897 or similar legislation becoming law in the same legislative session and requires a three-fifths vote of both houses to enact.