Senate Bill 1982

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    Florida Senate - 1998                                  SB 1982

    By Senator Hargrett





    21-532A-98

  1                      A bill to be entitled

  2         An act relating to community development

  3         corporations; amending ss. 290.0301, 290.0311,

  4         290.032, 290.033, 290.034, 290.035, 290.036,

  5         290.0365, 290.037, 290.038, 290.039, 290.0395,

  6         F.S.; providing for future repeal of those

  7         sections; revising criteria for the award of

  8         administrative grants; requiring the Secretary

  9         of the Department of Community Affairs to

10         develop a funding distribution formula to

11         ensure that administrative grants are made

12         available throughout the state; providing an

13         effective date.

14

15  Be It Enacted by the Legislature of the State of Florida:

16

17         Section 1.  Section 290.0301, Florida Statutes, is

18  amended to read:

19         290.0301  Short title.--Sections 290.0311 through

20  290.0395 shall be known and may be cited as the "Community

21  Development Corporation Support and Assistance Program Act."

22  This section shall stand repealed on June 30, 2008 1998.

23         Section 2.  Subsection (11) of section 290.0311,

24  Florida Statutes, is amended to read:

25         290.0311  Legislative findings.--The Legislature finds

26  that:

27         (11)  This section shall stand repealed on June 30,

28  2008 1998.

29         Section 3.  Section 290.032, Florida Statutes, is

30  amended to read:

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    Florida Senate - 1998                                  SB 1982
    21-532A-98




  1         290.032  Policy and purpose.--It is the policy of this

  2  state to provide the necessary means to preserve and improve

  3  the health and vitality of its established communities by

  4  enabling them to restore and expand their commercial and

  5  industrial base and to reverse the deterioration of their

  6  residential and public-facility assets.  The purpose of this

  7  act is to assist community development corporations in

  8  undertaking projects, in concert with state and local

  9  government and private enterprise, designed to create and

10  maintain a sound industrial base, to revitalize the health of

11  established commercial areas, to promote employment

12  opportunities, to preserve and rehabilitate existing

13  residential neighborhoods, and to provide safe, decent,

14  affordable housing for residents of these areas.  The

15  Legislature, therefore, declares that the development,

16  redevelopment, preservation, restoration, and revitalization

17  of such communities and all the purposes of this act are

18  public purposes for which public money may be used.  This

19  section shall stand repealed on June 30, 2008 1998.

20         Section 4.  Subsection (9) of section 290.033, Florida

21  Statutes, is amended to read:

22         290.033  Definitions.--As used in this act, the term:

23         (9)  This section shall stand repealed on June 30, 2008

24  1998.

25         Section 5.  Subsection (3) of section 290.034, Florida

26  Statutes, is amended to read:

27         290.034  Operating Trust Fund; priority of use.--

28         (3)  This section shall stand repealed on June 30, 2008

29  1998.

30         Section 6.  Subsection (3) of section 290.035, Florida

31  Statutes, is amended to read:

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    Florida Senate - 1998                                  SB 1982
    21-532A-98




  1         290.035  Eligibility for assistance.--Community

  2  development corporations meeting the following requirements

  3  shall be eligible for assistance:

  4         (3)  This section shall stand repealed on June 30, 2008

  5  1998.

  6         Section 7.  Present subsection (7) of section 290.036,

  7  Florida Statutes, is redesignated as subsection (11) and

  8  amended, and new subsections (7), (8), (9), and  (10) are

  9  added to that section, to read:

10         290.036  Community development corporation support

11  program.--

12         (7)  Beginning June 1, 1998, administrative grants will

13  be available only to those qualified community development

14  corporations that expend at least 50 percent of their budget

15  on economic development activities. Economic development

16  activities include, but are not limited to, the acquisition,

17  construction, reconstruction, and rehabilitation of commercial

18  buildings, structures, and other property and equipment and

19  improvements. Economic development activities also include

20  assistance to private businesses, including loans, loan

21  guarantees, and technical assistance. However, economic

22  development does not include housing development, as defined

23  in s. 159.603(4).

24         (8)  The secretary shall develop a funding distribution

25  formula that ensures that administrative grants are made

26  available to qualified community development corporations

27  throughout the state. The funding distribution formula must

28  include the relative rankings of each county, using the latest

29  available U.S. Census information on unemployment and persons

30  below poverty.

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    Florida Senate - 1998                                  SB 1982
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  1         (9)  The secretary may waive the eligibility

  2  requirements specified in s. 290.035(1)(a-e), for a community

  3  development corporation located in a county with a population

  4  of at least 500,000, if no other community development

  5  corporation in that county has received an administrative

  6  grant.

  7         (10)  Any funds for administrative grants appropriated

  8  by the Legislature in excess of $800,000 will not be subject

  9  to s. 290.036(7) and (8).

10         (11)(7)  This section shall stand repealed on June 30,

11  2008 1998.

12         Section 8.  Section 290.0365, Florida Statutes, is

13  amended to read:

14         290.0365  Community development corporation planning

15  grants.--In any state fiscal year in which a competitive

16  scoring cycle is not conducted pursuant to s. 290.036(4), the

17  secretary may reserve up to 10 percent of the annual

18  appropriation for administrative grants for distribution to

19  community development corporations which have not received an

20  administrative support grant at any time during the previous

21  history of the program. Grants awarded under this section

22  shall be for planning and organizational purposes and shall be

23  awarded according to the selection process specified in s.

24  290.036.  No community development corporation shall be

25  awarded more than two planning grants.  Community development

26  corporations receiving funds under this section shall submit

27  the information required by s. 290.036(2) and shall be subject

28  to all applicable requirements of ss. 290.035, 290.036,

29  290.037, 290.038, and 290.039, as determined by the secretary.

30  This section shall stand repealed on June 30, 2008 1998.

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    Florida Senate - 1998                                  SB 1982
    21-532A-98




  1         Section 9.  Subsection (8) of section 290.037, Florida

  2  Statutes, is amended to read:

  3         290.037  Community development deferred payment loan

  4  program.--

  5         (8)  This section shall stand repealed on June 30, 2008

  6  1998.

  7         Section 10.  Subsection (3) of section 290.038, Florida

  8  Statutes, is amended to read:

  9         290.038  Authority and duties of the department.--

10         (3)  This section shall stand repealed on June 30, 2008

11  1998.

12         Section 11.  Subsection (3) of section 290.039, Florida

13  Statutes, is amended to read:

14         290.039  Reporting requirements.--

15         (3)  This section shall stand repealed on June 30, 2008

16  1998.

17         Section 12.  Section 290.0395, Florida Statutes, is

18  repealed.

19         Section 13.  This act shall take effect upon becoming a

20  law.

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22            *****************************************

23                          SENATE SUMMARY

24    Provides for the future repeal of ss. 290.0301-290.0395,
      F.S., the "Community Development Corporation Support and
25    Assistance Program Act." Directs the Secretary of the
      Department of Community Affairs to develop a funding
26    formula to ensure that administrative grants are made
      available throughout the state. Revises criteria for the
27    award of administrative grants.

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