Bill

Bill > S2506


FL S2506

FL S2506
Trust Funds/Federal Law Enforcement Trust Fund/Florida Gaming Control Commission


summary

Introduced
02/01/2024
In Committee
Crossed Over
Passed
Dead
03/08/2024

Introduced Session

2024 Regular Session

Bill Summary

An act relating to trust funds; creating s. 16.717, F.S.; creating the Federal Law Enforcement Trust Fund within the Florida Gaming Control Commission; providing the purpose of the trust fund; providing for sources of funds; providing that the trust fund is exempt from a certain service charge; providing for future review and termination or re-creation of the trust fund; providing an effective date.

AI Summary

This bill creates the Federal Law Enforcement Trust Fund within the Florida Gaming Control Commission. The purpose of the trust fund is to serve as a depository for funds received from federal criminal, administrative, or civil forfeiture proceedings, as well as receipts and revenues from federal asset-sharing programs. The trust fund is exempt from a certain service charge and any balance remaining at the end of a fiscal year will carry over to the next year. The trust fund is scheduled to be reviewed and potentially terminated or re-created by July 1, 2028.

Sponsors (0)

No sponsors listed

Other Sponsors (1)

Appropriations (Senate)

Last Action

Laid on Table, refer to HB 5201 (on 02/08/2024)

bill text


bill summary

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bill summary

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