FL S1350

Creates the Patient Compensation System Trust Fund within the State Treasury to support operation of the Patient Compensation System.

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

Allows any balance remaining in the trust fund at the end of each fiscal year to carry forward and remain available for the trust fund's purposes.

Schedules the trust fund for termination on July 1, 2018, unless terminated sooner, with a required review before the scheduled termination date.

Requires passage by three-fifths vote of both houses of the legislature and takes effect on the same date as companion legislation (HB ____).