Senate Bill 1448
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Florida Senate - 1998 (NP) SR 1448
By Senator Cowin
11-1610-98
1 Senate Resolution No.
2 A resolution commending the retirees of the
3 State of Florida.
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5 WHEREAS, retirees living full time in Florida spent
6 nearly $37 billion in 1997, second only in the state to the
7 $42 billion spent in the tourism industry, and
8 WHEREAS, the taxes Florida's retirees pay each year not
9 only cover the costs of their living here, but also result in
10 an annual surplus of $1.3 billion, more than a billion of
11 which goes to support the state's public school systems, and
12 WHEREAS, these tax contributions by retirees lower the
13 per-household tax obligations of the state's nonretiree
14 residents by $260 every year, and
15 WHEREAS, the popularity of Florida as a home of
16 preference for so many retirees has generated an entire
17 industry that accounts for 20 percent of all jobs in the
18 state, and
19 WHEREAS, between retiree spending and the revenues from
20 the industry that has grown around them, Florida's economy
21 realizes a positive annual impact of $70 billion, and
22 WHEREAS, these retiree citizens make an even more
23 valuable contribution to all of Florida in bringing with them
24 their collective wisdom, experience, and values, NOW,
25 THEREFORE,
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27 Be It Resolved by the Senate of the State of Florida:
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29 That the Florida Senate expresses its appreciation and
30 gratitude to the state's retired citizens for all of their
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CODING: Words stricken are deletions; words underlined are additions.
Florida Senate - 1998 (NP) SR 1448
11-1610-98
1 contributions and declares these retirees one of Florida's
2 most valued resources.
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