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FL S1444
Bill
Status
5/3/2013
Primary Sponsor
Geraldine Thompson
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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 Supreme Court.
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Funds the trust fund with revenues from the General Revenue Fund equal to 1 percent of the state budget for the current fiscal year.
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Authorizes use of trust fund moneys to support activities under section 25.382 and to allocate funds to a judicial branch surplus or reserve fund monitored by the Legislature.
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Requires any balance remaining in the trust fund at the end of a fiscal year to remain in the fund for future use, and provides that the judicial branch shall be held harmless during state fiscal deficits as a matter of public safety.
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Terminates the trust fund on July 1, 2017, unless terminated sooner, subject to review under section 215.3206 before the scheduled termination date.
Legislative Description
Fiscal Stability Trust Fund/State Courts System
Last Action
Died in Judiciary
5/3/2013