The bill aims to re-create the Resilient Florida Trust Fund within the Department of Environmental Protection, which is currently set to be terminated on July 1, 2025, as mandated by the state constitution. The Legislature has determined that the trust fund continues to serve an important public purpose and has established that existing public policy provides sufficient guidelines for its operation.
To implement this, the bill includes new legal language that re-establishes the trust fund and abrogates the provisions that would lead to its termination. Specifically, it removes the requirement for the fund to be terminated on the previously scheduled date and ensures its continuation beyond that point. The act is set to take effect on July 1, 2025.
Statutes affected: S 1320 Filed: 380.0935