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FL H1293
Bill
Status
3/3/2015
Primary Sponsor
Jim Boyd
Click for details
AI Summary
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Creates the Land Acquisition Trust Fund within the Department of State as a depository for funds transferred from the Department of Environmental Protection's Land Acquisition Trust Fund
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Requires the Department of State to maintain integrity of transferred moneys and return any funds from reversions or budget reductions back to the Department of Environmental Protection's Land Acquisition Trust Fund within 15 days
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Funds shall be used for purposes prescribed in Section 28, Article X of the State Constitution and shall be available for future appropriation
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Automatically terminates the trust fund on July 1, 2019, unless terminated earlier, with a required review before scheduled termination per Section 215.3206(1) and (2)
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Takes effect contingent upon passage of HB 1291 or similar legislation in the same legislative session and requires a three-fifths vote of both houses for enactment
Legislative Description
Trust Funds/Creation/Land Acquisition Trust Fund/DOS
Last Action
Laid on Table
4/2/2015