HB 299: Targeted Economic Development
GENERAL BILL by Grant
Targeted Economic Development; Requires DEO to create economic development zones for science, technology, engineering, & mathematics (STEM); authorizes STEM zone in counties with state university classified as having very high research activity located in its jurisdiction; provides that incentives & benefits provided for enterprise zones are available to STEM zones; requires DEO to develop grant program that applies to STEM zone; requires DEO to work with STEM zone development agency, DOE, & Workforce Florida, Inc., to develop accountability requirements & measurable objectives; assigns duties for administration of STEM zones to local governing bodies that have jurisdiction over such zones; provides eligibility criteria for incentives, & benefits provided in zones; requires that applicable requirements for employee residency for higher refund or credit thresholds be based on employee residency in STEM zone or enterprise zone; limits annual amount of such incentives; authorizes carryforward of any unused amount of incentives for specified period; requires local governing body to certify to DOR or DEO which businesses or properties are eligible for incentives; requires DOR to send written instructions to eligible businesses on claiming credit on sales & use tax return initiated through electronic data interchange.
Last Action: 5/3/2013 House - Died in Economic Development and Tourism Subcommittee
Bill Text: PDF
-
Bill History
Date Chamber Action 1/18/2013 House • Filed
1/30/2013 House • Referred to Economic Development and Tourism Subcommittee; Transportation and Economic Development Appropriations Subcommittee; Finance and Tax Subcommittee; Economic Affairs Committee -HJ 42
3/5/2013 House • Introduced -HJ 42
5/3/2013 House • Died in Economic Development and Tourism Subcommittee
-
HB 299, Original Filed Version (Current Bill Version) Posted 1/18/2013 at 12:06 PM
Bill Text: PDF Analyses: None Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills S 192 Targeted Economic Development Legg Identical Last Action: 5/3/2013 S Died in Commerce and Tourism
Location: In committee/council (CM)
Citations - Statutes (1)
Citation Catchline Location in Bill Location In Bill Help 288.126 Page 2 (pdf)