Enterprise Zones

From the FAC:
"Economic Development: Likely dead
With the House adjournment, we can say for certain that Enterprise Zones will sunset at the close of 2015. The House answer to Enterprise Zones, HB 7067, passed the House and was sent to the Senate. The Senate Bill (SB 1214) has few similarities with the House bill. At this point the Senate could only take up the House bill and given the differences between the two bills that is unlikely. FAC remains staunchly opposed to SB 7067 so we encourage the Senate to not take it up. (Davin Suggs)"

If you recall, we were told that every neighborhood in Lake Worth is in an enterprise zone (blighted) other than College Park.

CS/SB 1214 - Economic Development General Bill by Appropriations and Latvala (CO-SPONSORS) Detert Economic Development: Expanding the definition of the term “blighted area” to include a substantial number or percentage of properties damaged by sinkhole activity which are not adequately repaired or stabilized; requiring the Department of Economic Opportunity (DEO) to recommend to the Governor approval or disapproval of a project that will receive funds from specified programs; creating the Quick Action Closing Fund Escrow Account within the State Board of Administration; requiring the DEO to recertify the professional golf hall of fame facility annually, etc. Effective Date: Except as otherwise expressly provided in this act, this act shall take effect July 1, 2015 Last Event: 04/27/15 S Placed on Special Order Calendar, 04/29/15 on Monday, April 27, 2015 5:14 PM

CS/HB 7067: Economic Development GENERAL BILL by Economic Affairs Committee ; Economic Development and Tourism Subcommittee ; La Rosa HB 7067: Economic Development; Revises requirements of state & local governments relating to transportation concurrency & impact fees & economic development incentives including Capital Investment Tax Credit, defense contractor & space flight business tax refund program, qualified target industry program, high-impact businesses, Quick Action Closing Fund, Innovation Incentive Program, and brownfield redevelopment; repeals funding relating to certain entertainment facilities; provides requirements for EFI; revises authority of FDFC; creates Startup Florida Initiative; establishes local enterprise zone program; provides for DEO certification & redesignates specified enterprise zones as certified enterprise zones. APPROPRIATION: $23,800,000.00 Effective Date: 7/1/2015 Last Action: 4/24/2015 Senate - Received -SJ 653 Location: In committee/council (CM) Bill Text: PDF