summary
Introduced
03/31/2021
03/31/2021
In Committee
04/08/2021
04/08/2021
Crossed Over
04/30/2021
04/30/2021
Passed
04/30/2021
04/30/2021
Dead
Signed/Enacted/Adopted
06/03/2021
06/03/2021
Introduced Session
2021 Regular Session
Bill Summary
An act relating to the termination of the Lawton Chiles Endowment Fund; directing the State Board of Administration to liquidate assets in the Lawton Chiles Endowment Fund by a specified date; providing for the transfer of balances in the fund; repealing s. 215.5601, F.S., relating to the creation and administration of the Lawton Chiles Endowment Fund on a specified date; amending ss. 17.41, 20.435, 215.56005, 215.5602, and 409.915, F.S.; conforming provisions to changes made by the act; providing effective dates.
AI Summary
This bill directs the State Board of Administration to liquidate the assets in the Lawton Chiles Endowment Fund by June 30, 2022, and transfer the remaining balances to the Budget Stabilization Fund. The bill repeals the section of Florida Statutes that created and administered the Lawton Chiles Endowment Fund, effective July 1, 2022. Additionally, the bill makes conforming changes to other related statutes, such as removing references to the Lawton Chiles Endowment Fund in provisions related to the Tobacco Settlement Financing Corporation and the James and Esther King Biomedical Research Program.
Committee Categories
Budget and Finance
Sponsors (1)
Other Sponsors (1)
Appropriations Committee (H)
Last Action
Chapter No. 2021-43; companion bill(s) passed, see SB 2500 (Ch. 2021-36) (on 06/03/2021)
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/2021/5011 |
| Analysis - Appropriations Committee (Post-Meeting) | https://www.flsenate.gov/Session/Bill/2021/5011/Analyses/h5011z1.APC.PDF |
| Analysis - Appropriations Committee (Post-Meeting) | https://www.flsenate.gov/Session/Bill/2021/5011/Analyses/h5011z.APC.PDF |
| Bill | https://www.flsenate.gov/Session/Bill/2021/5011/BillText/er/PDF |
| Bill | https://www.flsenate.gov/Session/Bill/2021/5011/BillText/e1/PDF |
| House Floor Conference Committee Amendment #085951 | https://www.flsenate.gov/Session/Bill/2021/5011/Amendment/085951/PDF |
| Senate Floor Amendment (Delete All) #127436 | https://www.flsenate.gov/Session/Bill/2021/5011/Amendment/127436/HTML |
| Analysis - Appropriations Committee (Post-Meeting) | https://www.flsenate.gov/Session/Bill/2021/5011/Analyses/h5011.APC.PDF |
| Bill | https://www.flsenate.gov/Session/Bill/2021/5011/BillText/Filed/PDF |
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