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CS/HB 705: Targeted Economic Development

GENERAL BILL by Economic Development and Tourism Subcommittee ; Workman

Targeted Economic Development; Expands purpose of Institute for Commercialization of Public Research to include commercialization of products developed by innovation business; authorizes institute to create corporate subsidiaries; provides conditions in which institute may develop or accrue certain interests in companies or products; specifies conditions under which institute may deliver & charge for services; expands institute's reporting requirements to include information on assistance given to innovation business; requires that institute create Florida Technology Seed Capital Fund; requires professional managers to manage fund; provides for investor advisory board to advise & guide managers & to make funding recommendations; provides for certain administrative costs of fund; requires institute to administer fund & provide criteria for its administration; provides for annual evaluation of activities & results of funding.

Effective Date: 7/1/2013
Last Action: 6/6/2013 - Chapter No. 2013-120
Bill Text: PDF

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  • Bill History

    Date Chamber Action
    2/11/2013 House • Filed
    2/20/2013 House • Referred to Economic Development and Tourism Subcommittee; Transportation and Economic Development Appropriations Subcommittee; Economic Affairs Committee -HJ 76
    3/5/2013 House • Introduced -HJ 75
    3/11/2013 House • On Committee agenda-- Economic Development and Tourism Subcommittee, 03/13/13, 9:00 am, 12 HOB
    3/13/2013 House • CS by Economic Development and Tourism Subcommittee; YEAS 11 NAYS 0
    3/19/2013 House • Pending review of CS under Rule 7.19(c)
    • CS by Economic Development and Tourism Subcommittee read 1st time -HJ 279
    3/20/2013 House • Original reference(s) removed: Transportation and Economic Development Appropriations Subcommittee
    • CS referred to Economic Affairs Committee -HJ 284
    • Now in Economic Affairs Committee -HJ 284
    3/26/2013 House • On Committee agenda-- Economic Affairs Committee, 03/28/13, 10:30 am, Reed Hall
    3/28/2013 House • Favorable by- Economic Affairs Committee; YEAS 15 NAYS 0 -HJ 372
    • Placed on Calendar -HJ 372
    4/15/2013 House • Placed on Special Order Calendar, 04/17/13
    4/17/2013 House • Read 2nd time -HJ 658
    • Read 3rd time -HJ 658
    • CS passed; YEAS 116 NAYS 0 -HJ 659
    4/18/2013 Senate • In Messages
    • Referred to Commerce and Tourism; Governmental Oversight and Accountability; Appropriations -SJ 504
    4/23/2013 Senate • Received -SJ 504
    4/25/2013 Senate • Withdrawn from Commerce and Tourism; Governmental Oversight and Accountability; Appropriations -SJ 616
    • Placed on Calendar, on 2nd reading -SJ 616
    • Substituted for CS/SB 546 -SJ 616
    • Read 2nd time -SJ 617
    • Placed on 3rd reading
    4/26/2013 Senate • Read 3rd time -SJ 699
    • CS passed; YEAS 37 NAYS 1 -SJ 699
    4/29/2013 House • Ordered enrolled -HJ 967
    5/28/2013 • Signed by Officers and presented to Governor
    6/5/2013 • Approved by Governor
    6/6/2013 • Chapter No. 2013-120

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  • CS/HB 705, Enrolled (Current Bill Version) Posted 4/29/2013 at 5:14 PM

    Bill Text:   PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 546 (c1) Targeted Economic Development Ring Similar Last Action: 4/25/2013 S Laid on Table, companion bill(s) passed, see CS/HB 705 (Ch. 2013-120) -SJ 616
    Location: Laid on Table

    Citations - Statutes (2)

    Citation Catchline Location in Bill Location In Bill Help
    288.9625 Institute for the Commercialization of Public Research. Page 2 (pdf)
    288.96255 Page 4 (pdf)

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  • CS/HB 705, Committee Substitute 1 Posted 3/19/2013 at 4:30 PM

    Bill Text:   PDF
    Analyses:   Economic Affairs Committee (Post-Meeting) 3/28/2013 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 546 (c1) Targeted Economic Development Ring Similar Last Action: 4/25/2013 S Laid on Table, companion bill(s) passed, see CS/HB 705 (Ch. 2013-120) -SJ 616
    Location: Laid on Table

    Floor Votes (2)

    Date Chamber Result
    4/17/2013 8:20 PM House 116 Yeas - 0 Nays
    4/26/2013 11:26 AM Senate 37 Yeas - 1 Nays

    Citations - Statutes (2)

    Citation Catchline Location in Bill Location In Bill Help
    288.9625 Institute for the Commercialization of Public Research. Page 2 (pdf)
    288.96255 Page 4 (pdf)

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  • HB 705, Original Filed Version Posted 2/11/2013 at 3:42 PM

    Bill Text:   PDF
    Analyses:   Economic Development and Tourism Subcommittee (Post-Meeting) 6/6/2013 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 546 (c1) Targeted Economic Development Ring Similar Last Action: 4/25/2013 S Laid on Table, companion bill(s) passed, see CS/HB 705 (Ch. 2013-120) -SJ 616
    Location: Laid on Table

    Committee Amendments (1)

    Amendment Sponsor Filed Last Committee Action Format
    209691 - Amendment
    Remove lines 96-142 and insert:
    Workman 3/12/2013
    6:24 PM
    Adopted without Objection
    3/13/2013
    PDF

    Citations - Statutes (2)

    Citation Catchline Location in Bill Location In Bill Help
    288.9625 Institute for the Commercialization of Public Research. Page 2 (pdf)
    288.96255 Page 4 (pdf)

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