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
Location: In committee/council (EDTS)
Bill Text: PDF
• Referred to Economic Development and Tourism Subcommittee; Transportation and Economic Development Appropriations Subcommittee; Finance and Tax Subcommittee; Economic Affairs Committee -HJ 42
• Introduced -HJ 42
• Died in Economic Development and Tourism Subcommittee
Companion bills that are identical word-for-word, not including titles. However, Resolutions and Concurrent Resolutions are considered identical if the only difference is the word "House" or "Senate."
Companion bills that are substantially similar in text or have substantial portions of text that are largely the same.
Bills that have selected provisions that are similar in text.
A bill that is contingent upon passage of another bill within the same chamber, e.g., a trust fund bill, a bill providing a public record exemption, or an implementing bill.
The page numbers, when listed, for citations are constantly under review. The journals or printed bills of the respective chambers should be consulted as the official documents of the Legislature.
The links for the page numbers are formatted to open the bill text PDF directly to the page containing the citation. However, if your browser is set to open PDFs in a new window, as is often the case with 64-bit browsers, the bill text will open to the first page.