Florida Statute 215.3207 - Full Text and Legal Analysis

The 2025 Florida Statutes

Title XIV
TAXATION AND FINANCE

Chapter 215
FINANCIAL MATTERS: GENERAL PROVISIONS

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F.S. 215.3207

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.

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Amendments to 215.3207

Annotations, Discussions, Cases:

Cases Citing Statute 215.3207

Total Results: 2

American Bankers Insurance Co. v. Chiles

675 So. 2d 922, 21 Fla. L. Weekly Supp. 267, 1996 Fla. LEXIS 1064, 1996 WL 350175

Supreme Court of Florida | Filed: Jun 27, 1996 | Docket: 64765503

Published

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

Service Ins. Co. v. Chiles

660 So. 2d 734, 1995 Fla. App. LEXIS 9962, 1995 WL 449558

District Court of Appeal of Florida | Filed: Sep 22, 1995 | Docket: 1755847

Published

November 4, 1992. The Legislature enacted section 215.3207 relating to creation of trust funds in 1992