CODING: Words stricken are deletions; words underlined are additions.
Senate Bill 0300
    Florida Senate - 1998                                   SB 300

    By Senators Hargrett and Lee





    21-346-98

  1                      A bill to be entitled

  2         An act relating to enterprise zones;

  3         authorizing tax credits to a certain business;

  4         providing an effective date.

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

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  8         Section 1.  (1)  Notwithstanding the provisions of

  9  chapters 212 and 220, Florida Statutes, a business that was

10  purchased in February, 1992, within an existing enterprise

11  zone in Tampa, is entitled to all the enterprise zone

12  incentives available at that time through the program's

13  expiration in 1994. The business may claim any incentive to

14  which it would have been entitled had the program not expired.

15         (2)  Notwithstanding the time limitations contained in

16  chapters 212 and 220, Florida Statutes, under the enterprise

17  zone program which expired in 1994, a business eligible to

18  receive tax credits under this section must submit an

19  application for the tax credits by December 1, 1998. All other

20  requirements of the enterprise zone program apply to such a

21  business.

22         Section 2.  This act shall take effect July 1, 1998.

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25                          SENATE SUMMARY

26    Authorizes a business to receive enterprise zone tax
      credits.
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