CODING: Words stricken are deletions; words underlined are additions.

House Bill 1793

Florida House of Representatives - 1997 HB 1793 By Representative Wise 1 A bill to be entitled 2 An act relating to nonprofit private schools; 3 amending s. 159.27, F.S.; redefining the term 4 "educational facility" to include certain 5 nonprofit private schools; amending s. 623.13, 6 F.S.; authorizing financing under the Florida 7 Industrial Development Financing Act or by 8 industrial development authorities; providing 9 an effective date. 10 11 Be It Enacted by the Legislature of the State of Florida: 12 13 Section 1. Subsection (22) of section 159.27, Florida 14 Statutes, is amended to read: 15 159.27 Definitions.--The following words and terms, 16 unless the context clearly indicates a different meaning, 17 shall have the following meanings: 18 (22) "Educational facility" means property, limited to 19 a structure suitable for use as a dormitory or other housing 20 facility or a dining facility, that is operated in the public 21 sector and used for or useful in connection with the operation 22 of an institution for higher education, as defined in s. 23 243.20(8), which offers the baccalaureate or a higher degree 24 and that is constructed in compliance with applicable codes as 25 determined by appropriate state agencies. The term includes 26 any property used in the operation of any nonprofit private 27 school that is established under chapter 617, chapter 623, or 28 that is described in section 501(c)(3) of the U.S. Internal 29 Revenue Code. 30 Section 2. Section 623.13, Florida Statutes, is 31 amended to read: 1 CODING: Words stricken are deletions; words underlined are additions. Florida House of Representatives - 1997 HB 1793 144-207-97 1 623.13 Administration, supervision, and operation by 2 private persons or entities.--Any corporation organized and 3 existing under this act shall be administered, supervised, 4 operated, financed, and controlled exclusively by private 5 persons and private entities and their funds. All persons 6 while acting in any public official capacity are hereby 7 specifically prohibited from engaging in any manner in such 8 administration, supervision, operation, financing, and control 9 of the affairs of such corporation. This section does not 10 prohibit the financing of educational facilities as provided 11 in part II or part III of chapter 159. 12 Section 3. This act shall take effect upon becoming a 13 law. 14 15 ***************************************** 16 SENATE SUMMARY 17 Redefines the term "educational facility" for purposes of the Industrial Development Financing Act to include 18 nonprofit private schools. Authorizes financing of nonprofit private schools under the Industrial 19 Development Financing Act or by industrial development authorities. 20 21 22 23 24 25 26 27 28 29 30 31 2