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. The new legal language specifies that the trust fund will be re-established, effectively preventing its termination as previously outlined in the state constitution.
Additionally, the bill amends section 380.0935 of the Florida Statutes by removing the provisions that mandated the trust fund's termination on the specified date. This change ensures the continued existence of the Resilient Florida Trust Fund beyond the previously scheduled termination, allowing for ongoing support and funding for environmental resilience initiatives in the state. The act is set to take effect on July 1, 2025.
Statutes affected: S 1320 Filed: 380.0935
S 1320 c1: 380.0935