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Florida Statute 215.3207 - Full Text and Legal Analysis
Florida Statute 215.3207 | Lawyer Caselaw & Research
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The 2025 Florida Statutes

Title XIV
TAXATION AND FINANCE
Chapter 215
FINANCIAL MATTERS: GENERAL PROVISIONS
View Entire Chapter
215.3207 Trust funds; establishment; criteria.A trust fund may be created by law only by the Legislature and only if passed by a three-fifths vote of the membership of each house in a separate bill for that purpose only. Except for trust funds being re-created by the Legislature, each trust fund must be created by statutory language that specifies at least the following:
(1) The name of the trust fund.
(2) The agency or branch of state government responsible for administering the trust fund.
(3) The requirements or purposes that the trust fund is established to meet.
(4) The sources of moneys to be credited to the trust fund or specific sources of receipts to be deposited in the trust fund.
History.s. 17, ch. 92-142; s. 3, ch. 93-159; s. 1, ch. 94-67.

F.S. 215.3207 on Google Scholar

F.S. 215.3207 on CourtListener

Amendments to 215.3207


Annotations, Discussions, Cases:

Cases Citing Statute 215.3207

Total Results: 2  |  Sort by: Relevance  |  Newest First

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Serv. Ins. Co. v. Chiles, 660 So. 2d 734 (Fla. 1st DCA 1995).

Published | Florida 1st District Court of Appeal | 1995 Fla. App. LEXIS 9962, 1995 WL 449558

...Chapter 93-409 complies with the requirements of Article III, Section 19(f) and Article III, Section 6 of the Florida Constitution. [1] Article III, section 19(f)(1) of the constitution dealing with the creation of trust funds became effective on November 4, 1992. The Legislature enacted section 215.3207 relating to creation of trust funds in 1992, and has subsequently amended the statute in 1993 and 1994....
...ted in the trust fund. A relatively contemporaneous construction of the constitution by the Legislature is strongly presumed to be correct. Brown v. Firestone, 382 So.2d 654 (Fla. 1980); Smith v. Brantley, 400 So.2d 443 (Fla. 1981). *738 In enacting section 215.3207, the Legislature reasonably interpreted the constitutional provision to mean that items related to the purpose, administration, and funding should be included within a bill creating a trust fund....
...1983) ("[a] contemporaneous construction of a constitutional provision by the legislature is presumptively correct unless manifestly erroneous"). In fact, the legislature has spoken on this matter in section 3 of chapter 93-159, Laws of Florida (amending section 215.3207, Florida Statutes, which had been created by chapter 92-142, section 17, Laws of Florida): Trust funds; establishment; criteria....
...However, the concept of creation necessarily includes more than the mere language that "such-and-such a trust fund is hereby created." It includes, as well, all matters logically indispensable to the creation of such a fund — matters such as those identified by the legislature in what is now section 215.3207, Florida Statutes....
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Am. Bankers Ins. Co. v. Chiles, 675 So. 2d 922 (Fla. 1996).

Published | Supreme Court of Florida | 21 Fla. L. Weekly Supp. 267, 1996 Fla. LEXIS 1064, 1996 WL 350175

November 1992. In 1993, the legislature amended section 215.3207,3 the statute setting forth the criteria for

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