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 inserted into the bill explicitly states that the trust fund is being re-created, thereby abrogating the previous provisions that mandated its termination.

Additionally, the bill amends subsection (3) of section 380.0935 of the Florida Statutes by removing the language that outlines the scheduled termination of the trust fund on July 1, 2025, and the requirement for a review before its termination. This change effectively allows the trust fund to continue operating beyond the previously established termination date. The act is set to take effect on July 1, 2025.

Statutes affected:
H 1313 Filed: 380.0935
H 1313 c1: 380.0935
H 1313 er: 380.0935