The bill aims to re-create the Resilient Florida Trust Fund within the Department of Environmental Protection, which is set to be terminated on July 1, 2025, according to the provisions of the State Constitution. The new legal language specifies that the trust fund, identified by FLAIR number 20-2-055, will continue to exist despite the previous termination date.

Additionally, the bill amends section 380.0935 of the Florida Statutes by removing the language that mandates the trust fund's termination on July 1, 2025, unless it is terminated sooner. This change effectively abrogates the previous provisions regarding the fund's scheduled termination and allows for its continued operation beyond that date. The act is set to take effect on July 1, 2025.

Statutes affected:
H 1313 Filed: 380.0935