Florida Statutes 16.717 – Federal Law Enforcement Trust Fund
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Terms Used In Florida Statutes 16.717
- Civil forfeiture: The loss of ownership of property used to conduct illegal activity.
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
(1) The Federal Law Enforcement Trust Fund is created within the Florida Gaming Control Commission. The commission may deposit into the trust fund receipts and revenues received as a result of federal criminal, administrative, or civil forfeiture proceedings and receipts and revenues received from federal asset-sharing programs. Deposited funds may be used for the operation of the Florida Gaming Control Commission in accordance with ss. 16.71–16.716. The trust fund is exempt from the service charges imposed by s. 215.20.
(2) Notwithstanding the provisions of s. 216.301 and pursuant to s. 216.351, any balance in the trust fund at the end of any fiscal year shall remain in the trust fund at the end of the year and shall be available for carrying out the purposes of the trust fund.
(3) In accordance with s. 19(f)(2), Fla. Const. Art. III, the Federal Law Enforcement Trust Fund shall, unless terminated sooner, be terminated on July 1, 2028. Before its scheduled termination, the trust fund shall be reviewed as provided in s. 215.3206(1) and (2).