summary
Introduced
03/16/2017
03/16/2017
In Committee
04/05/2017
04/05/2017
Crossed Over
03/29/2017
03/29/2017
Passed
05/01/2017
05/01/2017
Dead
Signed/Enacted/Adopted
06/02/2017
06/02/2017
Introduced Session
2017 Regular Session
Bill Summary
Creates Triumph Gulf Coast Trust Fund within DEO; exempts trust fund from general revenue service charge; provides for purpose of trust fund & source of funds; provides for future review & termination or re-creation of trust fund.
AI Summary
This bill creates the Triumph Gulf Coast Trust Fund within the Department of Economic Opportunity (DEO). The trust fund is established as a depository for funds transferred from the General Revenue Fund pursuant to a settlement agreement related to the 2010 Deepwater Horizon oil spill incident. The bill exempts the trust fund from the general revenue service charge and specifies that the funds shall be used for the purposes described in existing statutes. The trust fund is scheduled to be terminated on July 1, 2021, unless terminated sooner, and will be subject to review before its scheduled termination.
Committee Categories
Business and Industry
Sponsors (3)
Other Sponsors (1)
Select Committee on Triumph Gulf Coast (Other)
Last Action
Chapter No. 2017-64, companion bill(s) passed, see HB 7077 (Ch. 2017-63) (on 06/02/2017)
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 | http://www.flsenate.gov/Session/Bill/2017/7079 |
| Bill | http://www.flsenate.gov/Session/Bill/2017/7079/BillText/er/PDF |
| Bill | http://www.flsenate.gov/Session/Bill/2017/7079/BillText/Filed/PDF |
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