summary
Introduced
03/25/2021
03/25/2021
In Committee
03/29/2021
03/29/2021
Crossed Over
Passed
Dead
04/30/2021
04/30/2021
Introduced Session
2021 Regular Session
Bill Summary
An act relating to trust funds; re-creating the Triumph Gulf Coast Trust Fund within the Department of Economic Opportunity without modification; amending s. 288.80125, F.S.; removing provisions relating to the termination of the trust fund; providing an effective date. WHEREAS, the Legislature wishes to extend the life of the Triumph Gulf Coast Trust Fund within the Department of Economic Opportunity, which is otherwise scheduled to be terminated pursuant to constitutional mandate, and WHEREAS, the Legislature has reviewed the trust fund before its scheduled termination date and has found that it continues to meet an important public purpose, and WHEREAS, the Legislature has found that existing public policy concerning the trust fund sets adequate parameters for its use, NOW, THEREFORE,
AI Summary
This bill re-creates the Triumph Gulf Coast Trust Fund within the Department of Economic Opportunity, which was otherwise scheduled to be terminated pursuant to the state constitution. The bill removes the provision related to the termination of the trust fund, effectively extending its life. The legislature has found that the trust fund continues to serve an important public purpose, and that the existing public policy settings are adequate for its use.
Committee Categories
Budget and Finance
Sponsors (2)
Other Sponsors (1)
Infrastructure and Tourism Appropriations Subcommittee (H)
Last Action
Laid on Table, refer to SB 7054 (on 04/07/2021)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.flsenate.gov/Session/Bill/2021/5701 |
| Infrastructure and Tourism Appropriations Subcommittee (Post-Meeting) | https://www.flsenate.gov/Session/Bill/2021/5701/Analyses/h5701z.ITA.PDF |
| Analysis - Appropriations Committee (Post-Meeting) | https://www.flsenate.gov/Session/Bill/2021/5701/Analyses/h5701b.APC.PDF |
| Analysis - Appropriations Committee (Post-Meeting) | https://www.flsenate.gov/Session/Bill/2021/5701/Analyses/h5701a.APC.PDF |
| Analysis - Appropriations Committee (Post-Meeting) | https://www.flsenate.gov/Session/Bill/2021/5701/Analyses/h5701.APC.PDF |
| Bill | https://www.flsenate.gov/Session/Bill/2021/5701/BillText/Filed/PDF |
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