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FL H1347
Bill
Status
5/3/2013
Primary Sponsor
Perry Thurston
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AI Summary
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Creates the Fiscal Stability Trust Fund within the state courts system to be administered by the Florida Supreme Court.
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Funds the trust fund with revenues appropriated from the General Revenue Fund equal to 1 percent of the state budget for the current fiscal year.
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Requires trust fund balances remaining at the end of each fiscal year to be retained in the fund for future use supporting judicial branch activities and a judicial branch surplus or reserve fund.
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Provides that the judicial branch shall be held harmless from fiscal deficits in the state as a matter of public safety.
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Terminates the trust fund on July 1, 2017, unless terminated sooner, with a scheduled review before termination; takes effect July 1, 2013, contingent on passage of HB 1345 or similar legislation and requiring a three-fifths vote in both houses.
Legislative Description
Trust Funds/Fiscal Stability TF/State Courts System
Last Action
Died in Civil Justice Subcommittee
5/3/2013