FL S1082

Creates the Patient Compensation System Trust Fund within the State Treasury to operate the Patient Compensation System as required under Florida law.

Establishes the trust fund to receive contributions from healthcare providers required under section 766.408.

Allows fund balances to remain and be available at the end of each fiscal year, notwithstanding normal budget reversion requirements.

Schedules the trust fund for automatic termination on July 1, 2017, unless terminated sooner, with mandatory review before the scheduled termination date.

Takes effect contingent on similar legislation being enacted in the same legislative session and requires a three-fifths vote of both houses to pass.