HB 7083 2024
CODING: Words stricken are deletions; words underlined are additions.
hb7083-00
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F L O R I D A H O U S E O F R E P R E S E N T A T I V E S
A bill to be entitled 1
An act relating to trust funds; creating s. 17.71, 2
F.S.; creating the Indian Gaming Revenue Clearing 3
Trust Fund within the Department of Financial 4
Services; providing the purpose of the trust fund; 5
providing for sources of funds; providing that the 6
trust fund is exempt from a certain service charge; 7
providing that funds shall be disbursed in a specified 8
manner; exempting the trust fund from termination 9
provisions; providing a contingent effective date. 10
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Be It Enacted by the Legislature of the State of Florida: 12
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Section 1. Section 17.71, Florida Statutes, is created to 14
read: 15
17.71 Indian Gaming Revenue Clearing Trust Fund. — 16
(1) The Indian Gaming Reve nue Clearing Trust Fund is 17
created within the Department of Financial Services. The purpose 18
of the trust fund is to act as a depository for a portion of the 19
revenue-sharing payments received by the state under the gaming 20
compact, as the term "compact" is d efined in s. 285.710(1). 21
(2) Funds shall be credited to the Indian Gaming Revenue 22
Clearing Trust Fund as provided in s. 380.095. Funds received 23
from such revenue-sharing payments and deposited into the trust 24
fund are exempt from the service charges impos ed pursuant to s. 25
HB 7083 2024
CODING: Words stricken are deletions; words underlined are additions.
hb7083-00
Page 2 of 2
F L O R I D A H O U S E O F R E P R E S E N T A T I V E S
215.20. 26
(3) The department shall disburse funds, by nonoperating 27
transfer, from the Indian Gaming Revenue Clearing Trust Fund as 28
provided in s. 380.095. 29
(4) Pursuant to s. 19(f)(3), Art. III of the State 30
Constitution, the Indian Gamin g Revenue Clearing Trust Fund is 31
exempt from the termination provisions of s. 19(f)(2), Art. III 32
of the State Constitution. 33
Section 2. This act shall take effect on the same date 34
that CS/HB 1417 or similar legislation takes effect , if such 35
legislation is adopted in the same legislative session or an 36
extension thereof and becomes a law. 37