Senate Bill sb0030Bc1

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    Florida Senate - 2001                           CS for SB 30-B

    By the Committee on Commerce and Economic Opportunities; and
    Senator Diaz de la Portilla




    34-515A-02

  1                      A bill to be entitled

  2         An act relating to economic stimulus; amending

  3         s. 220.191, F.S.; establishing for a temporary

  4         period, eligibility conditions for a new type

  5         of qualifying project under the capital

  6         investment tax credit program; providing

  7         deadlines for certification of businesses and

  8         commencement of project construction under such

  9         program; revising requirements relating to

10         minimum capital investment; prescribing tax

11         credit limitations; amending s. 288.095, F.S.;

12         revising terminology relating to certain

13         incentive payment schedules; revising the due

14         date and content for an annual report on

15         incentives and reassigning responsibility for

16         such report to Enterprise Florida, Inc.;

17         amending s. 288.1045, F.S.; expanding the tax

18         refund program for qualified defense

19         contractors to include qualified

20         aviation-industry businesses; revising

21         definitions; defining "aviation-industry

22         business"; providing that qualified

23         aviation-industry businesses may seek refunds

24         for aviation fuel taxes paid; conforming

25         procedures for applying for certification under

26         the tax refund program; prescribing information

27         required in applications by aviation-industry

28         businesses; prescribing criteria to be used by

29         the Office of Tourism, Trade, and Economic

30         Development in reviewing applications by

31         aviation-industry businesses; revising the

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    Florida Senate - 2001                           CS for SB 30-B
    34-515A-02




  1         required elements of a tax refund agreement;

  2         providing an exemption from mandatory loss of

  3         tax refund eligibility and decertification

  4         resulting from agreement breach in cases of

  5         uncontrollable economic factors; prescribing a

  6         deadline for applying for tax refunds; revising

  7         conditions and procedures governing

  8         applications for tax refunds; revising

  9         provisions relating to the order authorizing a

10         tax refund; authorizing the office to grant

11         extensions to certain application and

12         notification deadlines; specifying that the

13         section does not create a presumption a claim

14         will be approved and paid; revising the

15         agencies with which the office may verify

16         information and to which the office may provide

17         information; expanding purposes for which the

18         office may seek assistance from certain

19         entities; amending s. 288.106, F.S., relating

20         to the tax refund program for qualified target

21         industry businesses; consolidating definitions;

22         revising requirements for application for

23         certification as such business with respect to

24         the number of current and new jobs at the

25         business and projections by the Office of

26         Tourism, Trade, and Economic Development of

27         refunds based thereon; revising requirements

28         relating to the tax refund agreement with

29         respect to job creation and the time for filing

30         of claims for refund; providing for an

31         exemption from mandatory loss of tax refund

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    Florida Senate - 2001                           CS for SB 30-B
    34-515A-02




  1         eligibility and decertification resulting from

  2         agreement breach in cases of uncontrollable

  3         economic factors; revising provisions relating

  4         to annual claims for refund; authorizing an

  5         extension of time for signing the tax refund

  6         agreement; providing an application deadline;

  7         revising provisions relating to the order

  8         authorizing a tax refund; revising conditions

  9         under which a prorated tax refund will be

10         approved; providing for calculation of such

11         prorated tax refund; specifying that the

12         section does not create a presumption that a

13         claim will be approved and paid; revising the

14         agencies with which the office may verify

15         information and to which the office may provide

16         information; expanding purposes for which the

17         office may seek assistance from certain

18         entities; specifying that certain

19         appropriations may not be used for any purpose

20         other than the payment of specified tax

21         refunds; creating the Extended Homeownership

22         Assistance Program within the Florida Housing

23         Finance Corporation; providing for loans to

24         eligible borrowers for down payments or closing

25         costs related to the purchase of residences;

26         providing for repayment of loans; authorizing a

27         fee; requiring deposit and authorizing

28         expenditure of certain revenues; requiring the

29         adoption of rules; providing for future repeal;

30         providing legislative findings relating to the

31         impact of economic downturns on small

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    Florida Senate - 2001                           CS for SB 30-B
    34-515A-02




  1         businesses; directing Enterprise Florida, Inc.,

  2         to provide for the establishment of a Small

  3         Business Crisis Management Team; prescribing

  4         the membership and purposes of such team;

  5         requiring participation of designated agencies

  6         or organizations; defining the term "small

  7         business"; creating ss. 332.201, 332.202,

  8         332.203, 332.204, 332.205, 332.206, 332.207,

  9         332.208, 332.209, 332.210, and 332.211, F.S.;

10         creating the Florida Airport Authority Act;

11         providing definitions; providing that certain

12         counties shall form an airport authority;

13         providing that certain former military

14         facilities redeveloped and operated as an

15         airport shall be redeveloped and operated by an

16         authority under the act, and providing for

17         membership of the governing body of such

18         authorities; providing for appointment of

19         members of the governing body of an authority;

20         providing for officers, employees, expenses,

21         removal from office, and application of

22         financial disclosure provisions; providing

23         purposes and powers of an authority; providing

24         restrictions on authority powers; providing for

25         issuance of bonds; providing that the county

26         may be appointed as an authority's agent for

27         construction; providing for acquisition of

28         lands and property; providing for cooperation

29         with other units, boards, agencies, and

30         individuals; providing a covenant of the state

31         with respect to bond issuance and agreements

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    Florida Senate - 2001                           CS for SB 30-B
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  1         with federal agencies; providing an exemption

  2         from taxation; providing for applicability;

  3         requiring members of the authority to file

  4         financial disclosure; creating s. 121.155,

  5         F.S.; providing legislative findings relating

  6         to the relationship between availability of

  7         capital and the development of high-technology

  8         businesses; expressing legislative intent that

  9         Florida Retirement System investments

10         complement economic development strategies;

11         requiring staff of the State Board of

12         Administration to review certain economic

13         development information; expanding annual

14         report requirements; amending s. 159.26, F.S.;

15         declaring, for purposes of the Florida

16         Industrial Development Financing Act, that the

17         information technology industry is vital to the

18         economy of the state; providing that the

19         advancement of information technology is a

20         purpose underlying the act; amending s. 159.27,

21         F.S.; redefining the term "project" to include

22         information technology facilities; defining the

23         term "information technology facility";

24         amending s. 159.705, F.S.; specifying that

25         certain entities may operate a project located

26         in a research and development park and financed

27         under the Florida Industrial Development

28         Financing Act; amending s. 240.105, F.S.;

29         providing that the mission of the state system

30         of postsecondary education includes supporting

31         economic development of the state; amending s.

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    Florida Senate - 2001                           CS for SB 30-B
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  1         240.710, F.S.; revising duties relating to the

  2         Digital Media Education Coordination Group;

  3         eliminating obsolete provisions; providing for

  4         the group to submit an annual report; amending

  5         s. 288.108, F.S.; specifying that the

  6         information technology sector is a high-impact

  7         sector for the purposes of a grant program for

  8         investments by certain businesses; amending s.

  9         445.045, F.S.; reassigning responsibility for

10         development and maintenance of an information

11         technology promotion and workforce recruitment

12         website to Workforce Florida, Inc.; requiring

13         consistency and compatibility with other

14         information systems; authorizing Workforce

15         Florida, Inc., to secure website services from

16         outside entities; requiring coordination of the

17         information technology website with other

18         marketing, promotion, and advocacy efforts;

19         authorizing Workforce Florida, Inc., to act

20         through the Agency for Workforce Innovation in

21         fulfilling its responsibilities related to the

22         website; directing the agency to provide

23         services to Workforce Florida, Inc.; providing

24         legislative findings and intent relating to

25         establishment of joint-use advanced

26         digital-media research and production

27         facilities; authorizing the Office of Tourism,

28         Trade, and Economic Development to create a

29         program supporting establishment of the

30         facilities; prescribing the purposes of the

31         facilities; specifying powers and duties of the

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    Florida Senate - 2001                           CS for SB 30-B
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  1         office relating to establishment of the

  2         facilities; defining the term "digital media";

  3         requiring a report to the Legislature on

  4         recommended funding levels for the facilities;

  5         amending s. 553.415, F.S.; delaying the date

  6         for inclusion of the Uniform Code for Public

  7         Education Facilities in the Florida Building

  8         Code; providing an effective date for the

  9         Florida Building Code; amending s. 135 of ch.

10         2000-141, Laws of Florida, and ss. 62(2) and 68

11         of ch. 98-287, Laws of Florida, as amended;

12         delaying the amendment, repeal, and transfer

13         and renumbering of specified sections of the

14         Florida Statutes; amending s. 627.0629, F.S.;

15         delaying a deadline by which insurance

16         companies are required to make certain rate

17         filings; providing for the adoption of an

18         administrative rule; providing for the

19         treatment of permit applications submitted

20         before the effective date of the code;

21         requiring local jurisdictions to enact

22         ordinances establishing wind speed lines;

23         restricting the expenditure of public funds for

24         tourism promotion; providing effective dates.

25

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

27

28         Section 1.  Section 220.191, Florida Statutes, is

29  amended to read:

30         220.191  Capital investment tax credit.--

31         (1)  DEFINITIONS.--For purposes of this section:

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    Florida Senate - 2001                           CS for SB 30-B
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  1         (a)  "Commencement of operations" means the beginning

  2  of active operations by a qualifying business or qualifying

  3  economic stimulus business of the principal function for which

  4  a qualifying project was constructed.

  5         (b)  "Cumulative capital investment" means the total

  6  capital investment in land, buildings, and equipment made in

  7  connection with a qualifying project or qualifying economic

  8  stimulus project during the period from the beginning of

  9  construction of the project to the commencement of operations.

10         (c)  "Eligible capital costs" means all expenses

11  incurred by a qualifying business or qualifying economic

12  stimulus business in connection with the acquisition,

13  construction, installation, and equipping of a qualifying

14  project or qualifying economic stimulus project during the

15  period from the beginning of construction of the project to

16  the commencement of operations, including, but not limited to:

17         1.  The costs of acquiring, constructing, installing,

18  equipping, and financing a qualifying project or qualifying

19  economic stimulus project, including all obligations incurred

20  for labor and obligations to contractors, subcontractors,

21  builders, and materialmen.

22         2.  The costs of acquiring land or rights to land and

23  any cost incidental thereto, including recording fees.

24         3.  The costs of architectural and engineering

25  services, including test borings, surveys, estimates, plans

26  and specifications, preliminary investigations, environmental

27  mitigation, and supervision of construction, as well as the

28  performance of all duties required by or consequent to the

29  acquisition, construction, installation, and equipping of a

30  qualifying project or qualifying economic stimulus project.

31

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    Florida Senate - 2001                           CS for SB 30-B
    34-515A-02




  1         4.  The costs associated with the installation of

  2  fixtures and equipment; surveys, including archaeological and

  3  environmental surveys; site tests and inspections; subsurface

  4  site work and excavation; removal of structures, roadways, and

  5  other surface obstructions; filling, grading, paving, and

  6  provisions for drainage, storm water retention, and

  7  installation of utilities, including water, sewer, sewage

  8  treatment, gas, electricity, communications, and similar

  9  facilities; and offsite construction of utility extensions to

10  the boundaries of the property.

11

12  Eligible capital costs shall not include the cost of any

13  property previously owned or leased by the qualifying business

14  or qualifying economic stimulus business.

15         (d)  "Income generated by or arising out of the

16  qualifying project" means the qualifying project's or

17  qualifying economic stimulus project's annual taxable income

18  as determined by generally accepted accounting principles and

19  under s. 220.13.

20         (e)  "Jobs" means full-time equivalent positions, as

21  such term is consistent with terms used by the Agency for

22  Workforce Innovation Department of Labor and Employment

23  Security and the United States Department of Labor for

24  purposes of unemployment tax administration and employment

25  estimation, resulting directly from a qualifying project or

26  qualifying economic stimulus project in this state.  Such term

27  does not include temporary construction jobs involved in the

28  construction of the project facility.

29         (f)  "Office" means the Office of Tourism, Trade, and

30  Economic Development.

31

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    Florida Senate - 2001                           CS for SB 30-B
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  1         (g)  "Qualifying business" means a business which

  2  establishes a qualifying project in this state and which is

  3  certified by the office to receive tax credits under pursuant

  4  to this section.

  5         (h)  "Qualifying project" means a new or expanding

  6  facility in this state which creates at least 100 new jobs in

  7  this state and is in one of the high-impact sectors identified

  8  by Enterprise Florida, Inc., and certified by the office under

  9  pursuant to s. 288.108(6), including, but not limited to,

10  aviation, aerospace, automotive, and silicon technology

11  industries.

12         (i)  "Qualifying economic stimulus business" means a

13  business which establishes a qualifying economic stimulus

14  project and which is certified by the office, on or before

15  April 1, 2002, to receive tax credits under this section.

16         (j)  "Qualifying economic stimulus project" means a new

17  or expanding facility in this state which creates at least 50

18  new jobs in this state and is in one of the target industries

19  identified under s. 288.106(1)(o). Construction on a

20  qualifying economic stimulus project must begin on or before

21  December 31, 2002.

22         (2)  An annual credit against the tax imposed by this

23  chapter shall be granted to any qualifying business or

24  qualifying economic stimulus business in an amount equal to 5

25  percent of the eligible capital costs generated by a

26  qualifying project or qualifying economic stimulus project,

27  for a period not to exceed 20 years beginning with the

28  commencement of operations of the project. The tax credit

29  shall be granted against only the corporate income tax

30  liability or the premium tax liability generated by or arising

31  out of the qualifying project or qualifying economic stimulus

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    Florida Senate - 2001                           CS for SB 30-B
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  1  project, and the sum of all tax credits provided under

  2  pursuant to this section shall not exceed 100 percent of the

  3  eligible capital costs of the project. In no event may any

  4  credit granted under this section be carried forward or

  5  backward by any qualifying business or qualifying economic

  6  stimulus business with respect to a subsequent or prior year.

  7         (a)  The annual tax credit granted under this section

  8  shall not exceed the following percentages of the annual

  9  corporate income tax liability or the premium tax liability

10  generated by or arising out of a qualifying project:

11         1.(a)  One hundred percent for a qualifying project

12  which results in a cumulative capital investment of at least

13  $100 million.

14         2.(b)  Seventy-five percent for a qualifying project

15  which results in a cumulative capital investment of at least

16  $50 million but less than $100 million.

17         3.(c)  Fifty percent for a qualifying project which

18  results in a cumulative capital investment of at least $25

19  million but less than $50 million.

20         4.  Forty percent for a qualifying project on which

21  construction has begun on or before December 31, 2002, and

22  which results in a cumulative capital investment of at least

23  $15 million but less than $25 million.

24         (b)  The annual tax credit granted under this section

25  shall not exceed the following percentages of the annual

26  corporate income tax liability or the premium tax liability

27  generated by or arising out of a qualifying economic stimulus

28  project:

29         1.  Ninety percent if the qualifying economic stimulus

30  project results in a cumulative capital investment of at least

31  $100 million.

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    Florida Senate - 2001                           CS for SB 30-B
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  1         2.  Sixty-five percent if the qualifying economic

  2  stimulus project results in a cumulative capital investment of

  3  at least $50 million but less than $100 million.

  4         3.  Forty percent if the qualifying economic stimulus

  5  project results in a cumulative capital investment of at least

  6  $25 million but less than $50 million.

  7         4.  Thirty percent if the qualifying economic stimulus

  8  project results in a cumulative capital investment of at least

  9  $15 million but less than $25 million.

10

11  A qualifying project or qualifying economic stimulus project

12  which results in a cumulative capital investment of less than

13  $15 $25 million is not eligible for the capital investment tax

14  credit. An insurance company claiming a credit against premium

15  tax liability under this program shall not be required to pay

16  any additional retaliatory tax levied under pursuant to s.

17  624.5091 as a result of claiming such credit. Because credits

18  under this section are available to an insurance company, s.

19  624.5091 does not limit such credit in any manner.

20         (3)  Before Prior to receiving tax credits under

21  pursuant to this section, a qualifying business or qualifying

22  economic stimulus business must achieve and maintain the

23  minimum employment goals beginning with the commencement of

24  operations at a qualifying project or qualifying economic

25  stimulus project and continuing each year thereafter during

26  which tax credits are available under pursuant to this

27  section.

28         (4)  The office, upon a recommendation by Enterprise

29  Florida, Inc., shall first certify a qualifying business or

30  qualifying economic stimulus business as eligible to receive

31  tax credits under pursuant to this section before prior to the

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    Florida Senate - 2001                           CS for SB 30-B
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  1  commencement of operations of a qualifying project or

  2  qualifying economic stimulus project, and such certification

  3  shall be transmitted to the Department of Revenue. Upon

  4  receipt of the certification, the Department of Revenue shall

  5  enter into a written agreement with the qualifying business or

  6  qualifying economic stimulus business specifying, at a

  7  minimum, the method by which income generated by or arising

  8  out of the qualifying project will be determined.

  9         (5)  The office, in consultation with Enterprise

10  Florida, Inc., is authorized to develop the necessary

11  guidelines and application materials for the certification

12  process described in subsection (4).

13         (6)  It shall be the responsibility of the qualifying

14  business or qualifying economic stimulus business to

15  affirmatively demonstrate to the satisfaction of the

16  Department of Revenue that such business meets the job

17  creation and capital investment requirements of this section.

18         (7)  The Department of Revenue may specify by rule the

19  methods by which a qualifying project's or qualifying economic

20  stimulus project's pro forma annual taxable income is

21  determined.

22         Section 2.  Paragraphs (b) and (c) of subsection (3) of

23  section 288.095, Florida Statutes, are amended to read:

24         288.095  Economic Development Trust Fund.--

25         (3)

26         (b)  The total amount of tax refund claims approved for

27  payment by the Office of Tourism, Trade, and Economic

28  Development based on actual project performance may not exceed

29  the amount appropriated to the Economic Development Incentives

30  Account for such purposes for the fiscal year. In the event

31  the Legislature does not appropriate an amount sufficient to

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    Florida Senate - 2001                           CS for SB 30-B
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  1  satisfy estimates projections by the office for tax refunds

  2  under ss. 288.1045 and 288.106 in a fiscal year, the Office of

  3  Tourism, Trade, and Economic Development shall, not later than

  4  July 15 of such year, determine the proportion of each refund

  5  claim which shall be paid by dividing the amount appropriated

  6  for tax refunds for the fiscal year by the estimated projected

  7  total of refund claims for the fiscal year. The amount of each

  8  claim for a tax refund shall be multiplied by the resulting

  9  quotient. If, after the payment of all such refund claims,

10  funds remain in the Economic Development Incentives Account

11  for tax refunds, the office shall recalculate the proportion

12  for each refund claim and adjust the amount of each claim

13  accordingly.

14         (c)  By December 31 September 30 of each year,

15  Enterprise Florida, Inc., the Office of Tourism, Trade, and

16  Economic Development shall submit a complete and detailed

17  report to the Governor, the President of the Senate, the

18  Speaker of the House of Representatives, and the director of

19  the Office of Tourism, Trade, and Economic Development board

20  of directors of Enterprise Florida, Inc., created under part

21  VII of this chapter, of all applications received,

22  recommendations made to the Office of Tourism, Trade, and

23  Economic Development, final decisions issued, tax refund

24  agreements executed, and tax refunds paid or other payments

25  made under all programs funded out of the Economic Development

26  Incentives Account, including analyses of benefits and costs,

27  types of projects supported, and employment and investment

28  created. Enterprise Florida, Inc., The Office of Tourism,

29  Trade, and Economic Development shall also include a separate

30  analysis of the impact of such tax refunds on state enterprise

31  zones designated pursuant to s. 290.0065, rural communities,

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    Florida Senate - 2001                           CS for SB 30-B
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  1  brownfield areas, and distressed urban communities. By

  2  December 1 of each year, the board of directors of Enterprise

  3  Florida, Inc., shall review and comment on the report, and the

  4  board shall submit the report, together with the comments of

  5  the board, to the Governor, the President of the Senate, and

  6  the Speaker of the House of Representatives. The report must

  7  discuss whether the authority and moneys appropriated by the

  8  Legislature to the Economic Development Incentives Account

  9  were managed and expended in a prudent, fiducially sound

10  manner. The Office of Tourism, Trade, and Economic Development

11  shall assist Enterprise Florida, Inc., in the collection of

12  data related to business performance and incentive payments.

13         Section 3.  Section 288.1045, Florida Statutes, is

14  amended to read:

15         288.1045  Qualified defense contractor Tax refund

16  program for qualified defense contractors and

17  aviation-industry businesses.--

18         (1)  DEFINITIONS.--As used in this section:

19         (a)  "Consolidation of a Department of Defense

20  contract" means the consolidation of one or more of an

21  applicant's facilities under one or more Department of Defense

22  contracts either from outside this state or from inside and

23  outside this state, into one or more of the applicant's

24  facilities inside this state.

25         (b)  "Average wage in the area" means the average of

26  all wages and salaries in the state, the county, or in the

27  standard metropolitan area in which the business unit is

28  located.

29         (c)  "Applicant" means any business entity that holds a

30  valid Department of Defense contract, or any business entity

31  that is a subcontractor under a valid Department of Defense

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    Florida Senate - 2001                           CS for SB 30-B
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  1  contract, or any business entity that holds a valid contract

  2  for the reuse of a defense-related facility, or any

  3  aviation-industry business as defined in paragraph (r),

  4  including all members of an affiliated group of corporations

  5  as defined in s. 220.03(1)(b).

  6         (d)  "Office" means the Office of Tourism, Trade, and

  7  Economic Development.

  8         (e)  "Department of Defense contract" means a

  9  competitively bid Department of Defense contract or a

10  competitively bid federal agency contract issued on behalf of

11  the Department of Defense for manufacturing, assembling,

12  fabricating, research, development, or design with a duration

13  of 2 or more years, but excluding any contract to provide

14  goods, improvements to real or tangible property, or services

15  directly to or for any particular military base or

16  installation in this state.

17         (f)  "New Department of Defense contract" means a

18  Department of Defense contract entered into after the date

19  application for certification as a qualified applicant is made

20  and after January 1, 1994.

21         (g)  "Jobs" means full-time equivalent positions,

22  consistent with the use of such terms by the Agency for

23  Workforce Innovation Department of Labor and Employment

24  Security for the purpose of unemployment compensation tax,

25  resulting directly from a project in this state. This number

26  does not include temporary construction jobs involved with the

27  construction of facilities for the project.

28         (h)  "Nondefense production jobs" means employment

29  exclusively for activities that, directly or indirectly, are

30  unrelated to the Department of Defense.

31

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    Florida Senate - 2001                           CS for SB 30-B
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  1         (i)  "Project" means any business undertaking in this

  2  state under a new Department of Defense contract,

  3  consolidation of a Department of Defense contract, or

  4  conversion of defense production jobs over to nondefense

  5  production jobs or reuse of defense-related facilities. The

  6  term also means any business undertaking in this state by an

  7  aviation-industry business which results in the retention or

  8  creation of jobs in this state and which occurs through a new

  9  multistate competitive aviation-industry contract;

10  consolidation of multistate operations; conversion of jobs in

11  aviation-industry operations to nonaviation-industry

12  operations; or expansion of aviation-industry operations,

13  which expansion results in an increase of at least 10 percent

14  in the number of jobs in this state at the business unit.

15         (j)  "Qualified applicant" means an applicant that has

16  been approved by the director to be eligible for tax refunds

17  pursuant to this section.

18         (k)  "Director" means the director of the Office of

19  Tourism, Trade, and Economic Development.

20         (l)  "Taxable year" means the same as in s.

21  220.03(1)(z).

22         (m)  "Fiscal year" means the fiscal year of the state.

23         (n)  "Business unit" means an employing unit, as

24  defined in s. 443.036, that is registered with the Agency for

25  Workforce Innovation Department of Labor and Employment

26  Security for unemployment compensation purposes or means a

27  subcategory or division of an employing unit that is accepted

28  by the Agency for Workforce Innovation Department of Labor and

29  Employment Security as a reporting unit.

30         (o)  "Local financial support" means funding from local

31  sources, public or private, which is paid to the Economic

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    Florida Senate - 2001                           CS for SB 30-B
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  1  Development Trust Fund and which is equal to 20 percent of the

  2  annual tax refund for a qualified applicant. Local financial

  3  support may include excess payments made to a utility company

  4  under a designated program to allow decreases in service by

  5  the utility company under conditions, regardless of when

  6  application is made. A qualified applicant may not provide,

  7  directly or indirectly, more than 5 percent of such funding in

  8  any fiscal year. The sources of such funding may not include,

  9  directly or indirectly, state funds appropriated from the

10  General Revenue Fund or any state trust fund, excluding tax

11  revenues shared with local governments pursuant to law.

12         (p)  "Contract for reuse of a defense-related facility"

13  means a contract with a duration of 2 or more years for the

14  use of a facility for manufacturing, assembling, fabricating,

15  research, development, or design of tangible personal

16  property, but excluding any contract to provide goods,

17  improvements to real or tangible property, or services

18  directly to or for any particular military base or

19  installation in this state. Such facility must be located

20  within a port, as defined in s. 313.21, and have been occupied

21  by a business entity that held a valid Department of Defense

22  contract or occupied by any branch of the Armed Forces of the

23  United States, within 1 year of any contract being executed

24  for the reuse of such facility. A contract for reuse of a

25  defense-related facility may not include any contract for

26  reuse of such facility for any Department of Defense contract

27  for manufacturing, assembling, fabricating, research,

28  development, or design.

29         (q)  "Local financial support exemption option" means

30  the option to exercise an exemption from the local financial

31  support requirement available to any applicant whose project

                                  18

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  1  is located in a county designated by the Rural Economic

  2  Development Initiative, if the county commissioners of the

  3  county in which the project will be located adopt a resolution

  4  requesting that the applicant's project be exempt from the

  5  local financial support requirement. Any applicant that

  6  exercises this option is not eligible for more than 80 percent

  7  of the total tax refunds allowed such applicant under this

  8  section.

  9         (r)  "Aviation-industry business" means a business

10  engaged in activities that support general or commercial

11  aviation, including the construction, repair, or maintenance

12  of aircraft, aircraft power plants, aircraft parts, or

13  aircraft accessories. The term does not include a business

14  engaged in the provision of instruction in flying and related

15  ground subjects.

16         (2)  GRANTING OF A TAX REFUND; ELIGIBLE AMOUNTS.--

17         (a)  There shall be allowed, from the Economic

18  Development Trust Fund, a refund to a qualified applicant for

19  the amount of eligible taxes certified by the director which

20  were paid by such qualified applicant. The total amount of

21  refunds for all fiscal years for each qualified applicant

22  shall be determined pursuant to subsection (3). The annual

23  amount of a refund to a qualified applicant shall be

24  determined pursuant to subsection (5).

25         (b)  A qualified applicant may not be qualified for any

26  project to receive more than $5,000 times the number of jobs

27  provided in the tax refund agreement pursuant to subparagraph

28  (4)(a)1. A qualified applicant may not receive refunds of more

29  than 25 percent of the total tax refunds provided in the tax

30  refund agreement pursuant to subparagraph (4)(a)1. in any

31  fiscal year, provided that no qualified applicant may receive

                                  19

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  1  more than $2.5 million in tax refunds pursuant to this section

  2  in any fiscal year.

  3         (c)  A qualified applicant may not receive more than

  4  $7.5 million in tax refunds pursuant to this section in all

  5  fiscal years.

  6         (d)  Contingent upon an annual appropriation by the

  7  Legislature, the director may approve not more in tax refunds

  8  than the amount appropriated to the Economic Development Trust

  9  Fund for tax refunds, for a fiscal year pursuant to subsection

10  (5) and s. 288.095.

11         (e)  For the first 6 months of each fiscal year, the

12  director shall set aside 30 percent of the amount appropriated

13  for refunds pursuant to this section by the Legislature to

14  provide tax refunds only to qualified applicants who employ

15  500 or fewer full-time employees in this state. Any

16  unencumbered funds remaining undisbursed from this set-aside

17  at the end of the 6-month period may be used to provide tax

18  refunds for any qualified applicants pursuant to this section.

19         (f)  After entering into a tax refund agreement

20  pursuant to subsection (4), a qualified applicant may receive

21  refunds from the Economic Development Trust Fund for the

22  following taxes due and paid by the qualified applicant

23  beginning with the applicant's first taxable year that begins

24  after entering into the agreement:

25         1.  Taxes on sales, use, and other transactions paid

26  pursuant to chapter 212.

27         2.  Corporate income taxes paid pursuant to chapter

28  220.

29         3.  Intangible personal property taxes paid pursuant to

30  chapter 199.

31

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  1         4.  Emergency excise taxes paid pursuant to chapter

  2  221.

  3         5.  Excise taxes paid on documents pursuant to chapter

  4  201.

  5         6.  Ad valorem taxes paid, as defined in s.

  6  220.03(1)(a) on June 1, 1996.

  7         7.  Aviation fuel taxes paid pursuant to s. 206.9825 by

  8  a qualified aviation-industry business.

  9

10  However, a qualified applicant may not receive a tax refund

11  pursuant to this section for any amount of credit, refund, or

12  exemption granted such contractor or aviation-industry

13  business for any of such taxes. If a refund for such taxes is

14  provided by the office, which taxes are subsequently adjusted

15  by the application of any credit, refund, or exemption granted

16  to the qualified applicant other than that provided in this

17  section, the qualified applicant shall reimburse the Economic

18  Development Trust Fund for the amount of such credit, refund,

19  or exemption. A qualified applicant must notify and tender

20  payment to the office within 20 days after receiving a credit,

21  refund, or exemption, other than that provided in this

22  section.

23         (g)  Any qualified applicant who fraudulently claims

24  this refund is liable for repayment of the refund to the

25  Economic Development Trust Fund plus a mandatory penalty of

26  200 percent of the tax refund which shall be deposited into

27  the General Revenue Fund. Any qualified applicant who

28  fraudulently claims this refund commits a felony of the third

29  degree, punishable as provided in s. 775.082, s. 775.083, or

30  s. 775.084.

31

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  1         (h)  Funds made available pursuant to this section may

  2  not be expended in connection with the relocation of a

  3  business from one community to another community in this state

  4  unless the Office of Tourism, Trade, and Economic Development

  5  determines that without such relocation the business will move

  6  outside this state or determines that the business has a

  7  compelling economic rationale for the relocation which creates

  8  additional jobs.

  9         (3)  APPLICATION PROCESS; REQUIREMENTS; AGENCY

10  DETERMINATION.--

11         (a)  To apply for certification as a qualified

12  applicant pursuant to this section, an applicant must file an

13  application with the office which satisfies the requirements

14  of paragraphs (b) and (e), paragraphs (c) and (e), or

15  paragraphs (d) and (e), or paragraphs (j) and (k). An

16  applicant may not apply for certification pursuant to this

17  section after a proposal has been submitted for a new

18  Department of Defense contract, after the applicant has made

19  the decision to consolidate an existing Department of Defense

20  contract in this state for which such applicant is seeking

21  certification, or after the applicant has made the decision to

22  convert defense production jobs to nondefense production jobs

23  for which such applicant is seeking certification. In the case

24  of an aviation-industry business, an applicant may not apply

25  for certification after the business has submitted a final

26  proposal or bid for a multistate competitive aviation-industry

27  contract, made the decision to consolidate multistate

28  operations in this state, made the decision to convert jobs in

29  aviation-industry operations to nonaviation-industry

30  operations, or made the decision to expand aviation-industry

31  operations in this state.

                                  22

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  1         (b)  Applications for certification based on the

  2  consolidation of a Department of Defense contract or a new

  3  Department of Defense contract must be submitted to the office

  4  as prescribed by the office and must include, but are not

  5  limited to, the following information:

  6         1.  The applicant's federal employer identification

  7  number, the applicant's Florida sales tax registration number,

  8  and a notarized signature of an officer of the applicant.

  9         2.  The permanent location of the manufacturing,

10  assembling, fabricating, research, development, or design

11  facility in this state at which the project is or is to be

12  located.

13         3.  The Department of Defense contract numbers of the

14  contract to be consolidated, the new Department of Defense

15  contract number, or the "RFP" number of a proposed Department

16  of Defense contract.

17         4.  The date the contract was executed or is expected

18  to be executed, and the date the contract is due to expire or

19  is expected to expire.

20         5.  The commencement date for project operations under

21  the contract in this state.

22         6.  The number of full-time equivalent jobs in this

23  state which are or will be dedicated to the project during the

24  year and the average wage of such jobs.

25         7.  The total number of full-time equivalent employees

26  employed by the applicant in this state.

27         8.  The percentage of the applicant's gross receipts

28  derived from Department of Defense contracts during the 5

29  taxable years immediately preceding the date the application

30  is submitted.

31         9.  The amount of:

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  1         a.  Taxes on sales, use, and other transactions paid

  2  pursuant to chapter 212;

  3         b.  Corporate income taxes paid pursuant to chapter

  4  220;

  5         c.  Intangible personal property taxes paid pursuant to

  6  chapter 199;

  7         d.  Emergency excise taxes paid pursuant to chapter

  8  221;

  9         e.  Excise taxes paid on documents pursuant to chapter

10  201; and

11         f.  Ad valorem taxes paid

12

13  during the 5 fiscal years immediately preceding the date of

14  the application, and the projected amounts of such taxes to be

15  due in the 3 fiscal years immediately following the date of

16  the application.

17         10.  The estimated amount of tax refunds to be claimed

18  in each fiscal year.

19         11.  A brief statement concerning the applicant's need

20  for tax refunds, and the proposed uses of such refunds by the

21  applicant.

22         12.  A resolution adopted by the county commissioners

23  of the county in which the project will be located, which

24  recommends the applicant be approved as a qualified applicant,

25  and which indicates that the necessary commitments of local

26  financial support for the applicant exist. Prior to the

27  adoption of the resolution, the county commission may review

28  the proposed public or private sources of such support and

29  determine whether the proposed sources of local financial

30  support can be provided or, for any applicant whose project is

31  located in a county designated by the Rural Economic

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  1  Development Initiative, a resolution adopted by the county

  2  commissioners of such county requesting that the applicant's

  3  project be exempt from the local financial support

  4  requirement.

  5         13.  Any additional information requested by the

  6  office.

  7         (c)  Applications for certification based on the

  8  conversion of defense production jobs to nondefense production

  9  jobs must be submitted to the office as prescribed by the

10  office and must include, but are not limited to, the following

11  information:

12         1.  The applicant's federal employer identification

13  number, the applicant's Florida sales tax registration number,

14  and a notarized signature of an officer of the applicant.

15         2.  The permanent location of the manufacturing,

16  assembling, fabricating, research, development, or design

17  facility in this state at which the project is or is to be

18  located.

19         3.  The Department of Defense contract numbers of the

20  contract under which the defense production jobs will be

21  converted to nondefense production jobs.

22         4.  The date the contract was executed, and the date

23  the contract is due to expire or is expected to expire, or was

24  canceled.

25         5.  The commencement date for the nondefense production

26  operations in this state.

27         6.  The number of full-time equivalent jobs in this

28  state which are or will be dedicated to the nondefense

29  production project during the year and the average wage of

30  such jobs.

31

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  1         7.  The total number of full-time equivalent employees

  2  employed by the applicant in this state.

  3         8.  The percentage of the applicant's gross receipts

  4  derived from Department of Defense contracts during the 5

  5  taxable years immediately preceding the date the application

  6  is submitted.

  7         9.  The amount of:

  8         a.  Taxes on sales, use, and other transactions paid

  9  pursuant to chapter 212;

10         b.  Corporate income taxes paid pursuant to chapter

11  220;

12         c.  Intangible personal property taxes paid pursuant to

13  chapter 199;

14         d.  Emergency excise taxes paid pursuant to chapter

15  221;

16         e.  Excise taxes paid on documents pursuant to chapter

17  201; and

18         f.  Ad valorem taxes paid

19

20  during the 5 fiscal years immediately preceding the date of

21  the application, and the projected amounts of such taxes to be

22  due in the 3 fiscal years immediately following the date of

23  the application.

24         10.  The estimated amount of tax refunds to be claimed

25  in each fiscal year.

26         11.  A brief statement concerning the applicant's need

27  for tax refunds, and the proposed uses of such refunds by the

28  applicant.

29         12.  A resolution adopted by the county commissioners

30  of the county in which the project will be located, which

31  recommends the applicant be approved as a qualified applicant,

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  1  and which indicates that the necessary commitments of local

  2  financial support for the applicant exist. Prior to the

  3  adoption of the resolution, the county commission may review

  4  the proposed public or private sources of such support and

  5  determine whether the proposed sources of local financial

  6  support can be provided or, for any applicant whose project is

  7  located in a county designated by the Rural Economic

  8  Development Initiative, a resolution adopted by the county

  9  commissioners of such county requesting that the applicant's

10  project be exempt from the local financial support

11  requirement.

12         13.  Any additional information requested by the

13  office.

14         (d)  Applications for certification based on a contract

15  for reuse of a defense-related facility must be submitted to

16  the office as prescribed by the office and must include, but

17  are not limited to, the following information:

18         1.  The applicant's Florida sales tax registration

19  number and a notarized signature of an officer of the

20  applicant.

21         2.  The permanent location of the manufacturing,

22  assembling, fabricating, research, development, or design

23  facility in this state at which the project is or is to be

24  located.

25         3.  The business entity holding a valid Department of

26  Defense contract or branch of the Armed Forces of the United

27  States that previously occupied the facility, and the date

28  such entity last occupied the facility.

29         4.  A copy of the contract to reuse the facility, or

30  such alternative proof as may be prescribed by the office that

31

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  1  the applicant is seeking to contract for the reuse of such

  2  facility.

  3         5.  The date the contract to reuse the facility was

  4  executed or is expected to be executed, and the date the

  5  contract is due to expire or is expected to expire.

  6         6.  The commencement date for project operations under

  7  the contract in this state.

  8         7.  The number of full-time equivalent jobs in this

  9  state which are or will be dedicated to the project during the

10  year and the average wage of such jobs.

11         8.  The total number of full-time equivalent employees

12  employed by the applicant in this state.

13         9.  The amount of:

14         a.  Taxes on sales, use, and other transactions paid

15  pursuant to chapter 212.

16         b.  Corporate income taxes paid pursuant to chapter

17  220.

18         c.  Intangible personal property taxes paid pursuant to

19  chapter 199.

20         d.  Emergency excise taxes paid pursuant to chapter

21  221.

22         e.  Excise taxes paid on documents pursuant to chapter

23  201.

24         f.  Ad valorem taxes paid during the 5 fiscal years

25  immediately preceding the date of the application, and the

26  projected amounts of such taxes to be due in the 3 fiscal

27  years immediately following the date of the application.

28         10.  The estimated amount of tax refunds to be claimed

29  in each fiscal year.

30

31

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  1         11.  A brief statement concerning the applicant's need

  2  for tax refunds, and the proposed uses of such refunds by the

  3  applicant.

  4         12.  A resolution adopted by the county commissioners

  5  of the county in which the project will be located, which

  6  recommends the applicant be approved as a qualified applicant,

  7  and which indicates that the necessary commitments of local

  8  financial support for the applicant exist. Prior to the

  9  adoption of the resolution, the county commission may review

10  the proposed public or private sources of such support and

11  determine whether the proposed sources of local financial

12  support can be provided or, for any applicant whose project is

13  located in a county designated by the Rural Economic

14  Development Initiative, a resolution adopted by the county

15  commissioners of such county requesting that the applicant's

16  project be exempt from the local financial support

17  requirement.

18         13.  Any additional information requested by the

19  office.

20         (e)  To qualify for review by the office, the

21  application of an applicant under paragraph (b), paragraph

22  (c), or paragraph (d) must, at a minimum, establish the

23  following to the satisfaction of the office:

24         1.  The jobs proposed to be provided under the

25  application, pursuant to subparagraph (b)6. or subparagraph

26  (c)6., must pay an estimated annual average wage equaling at

27  least 115 percent of the average wage in the area where the

28  project is to be located.

29         2.  The consolidation of a Department of Defense

30  contract must result in a net increase of at least 25 percent

31  in the number of jobs at the applicant's facilities in this

                                  29

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  1  state or the addition of at least 80 jobs at the applicant's

  2  facilities in this state.

  3         3.  The conversion of defense production jobs to

  4  nondefense production jobs must result in net increases in

  5  nondefense employment at the applicant's facilities in this

  6  state.

  7         4.  The Department of Defense contract cannot allow the

  8  business to include the costs of relocation or retooling in

  9  its base as allowable costs under a cost-plus, or similar,

10  contract.

11         5.  A business unit of the applicant must have derived

12  not less than 70 percent of its gross receipts in this state

13  from Department of Defense contracts over the applicant's last

14  fiscal year, and must have derived not less than 80 percent of

15  its gross receipts in this state from Department of Defense

16  contracts over the 5 years preceding the date an application

17  is submitted pursuant to this section. This subparagraph does

18  not apply to any application for certification based on a

19  contract for reuse of a defense-related facility.

20         6.  The reuse of a defense-related facility must result

21  in the creation of at least 100 jobs at such facility.

22         (f)  Each application meeting the requirements of

23  paragraphs (b) and (e), paragraphs (c) and (e), or paragraphs

24  (d) and (e), or paragraphs (j) and (k) must be submitted to

25  the office for a determination of eligibility. The office

26  shall review, evaluate, and score each application based on,

27  but not limited to, the following criteria:

28         1.  Expected contributions to the state strategic

29  economic development plan adopted by Enterprise Florida, Inc.,

30  taking into account the extent to which the project

31  contributes to the state's high-technology base, and the

                                  30

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  1  long-term impact of the project and the applicant on the

  2  state's economy.

  3         2.  The economic benefit of the jobs created or

  4  retained by the project in this state, taking into account the

  5  cost and average wage of each job created or retained, and the

  6  potential risk to existing jobs.

  7         3.  The amount of capital investment to be made by the

  8  applicant in this state.

  9         4.  The local commitment and support for the project

10  and applicant.

11         5.  The impact of the project on the local community,

12  taking into account the unemployment rate for the county where

13  the project will be located.

14         6.  The dependence of the local community on the

15  defense industry.

16         7.  The impact of any tax refunds granted pursuant to

17  this section on the viability of the project and the

18  probability that the project will occur in this state if such

19  tax refunds are granted to the applicant, taking into account

20  the expected long-term commitment of the applicant to economic

21  growth and employment in this state.

22         8.  The length of the project, or the expected

23  long-term commitment to this state resulting from the project.

24         (g)  The office shall forward its written findings and

25  evaluation on each application meeting the requirements of

26  paragraphs (b) and (e), paragraphs (c) and (e), or paragraphs

27  (d) and (e), or paragraphs (j) and (k) to the director within

28  60 calendar days after of receipt of a complete application.

29  The office shall notify each applicant when its application is

30  complete, and when the 60-day period begins. In its written

31  report to the director, the office shall specifically address

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  1  each of the factors specified in paragraph (f), and shall make

  2  a specific assessment with respect to the minimum requirements

  3  established in paragraph (e) or paragraph (k). The office

  4  shall include in its report projections of the tax refund

  5  claims that will be sought by the applicant in each fiscal

  6  year based on the information submitted in the application.

  7         (h)  Within 30 days after receipt of the office's

  8  findings and evaluation, the director shall enter a final

  9  order that either approves or disapproves an application. The

10  decision must be in writing and provide the justifications for

11  either approval or disapproval. If appropriate, the director

12  shall enter into a written agreement with the qualified

13  applicant pursuant to subsection (4).

14         (i)  The director may not enter any final order that

15  certifies any applicant as a qualified applicant when the

16  value of tax refunds to be included in that final order

17  exceeds the available amount of authority to enter final

18  orders as determined in s. 288.095(3). A final order that

19  approves an application must specify the maximum amount of a

20  tax refund that is to be available to the contractor in each

21  fiscal year and the total amount of tax refunds for all fiscal

22  years.

23         (j)  Applications for certification from

24  aviation-industry businesses must be submitted to the office

25  no later than June 30, 2003, as prescribed by the office and

26  under the conditions contained in paragraph (3)(a), and must

27  include, but are not limited to, the following information:

28         1.  The applicant's federal employer identification

29  number, the applicant's Florida sales tax registration number,

30  the applicant's unemployment compensation account number, and

31  a notarized signature of an officer of the applicant.

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  1         2.  The permanent location of the applicant's facility

  2  in this state at which the project is or is to be located.

  3         3.  A description of the type of business activity or

  4  product covered by this project. In addition, an

  5  aviation-industry business must submit, in a manner prescribed

  6  by the office, detailed information on the contract,

  7  consolidation, conversion, or expansion activity that will

  8  provide the basis for tax refunds, as provided in paragraphs

  9  (1)(i) and (3)(a). The office, using criteria developed by the

10  office in conjunction with Enterprise Florida, Inc., must

11  determine whether the activity satisfies the requirements of

12  paragraphs (1)(i) and (3)(a).

13         4.  The number of full-time equivalent jobs in this

14  state which are or will be dedicated to the project and the

15  average wage of such jobs.

16         5.  The total number of full-time equivalent employees

17  employed by the applicant in this state as of the date of

18  application.

19         6.  The anticipated commencement date of the project.

20         7.  A brief statement concerning the applicant's need

21  for tax refunds and concerning the role that the tax refunds

22  will play in the decision of the applicant to secure a new

23  contract, consolidate operations, convert to

24  nonaviation-industry operations, or expand aviation-industry

25  operations, as provided in paragraph (3)(a).

26         8.  An estimate of the proportion of the sales

27  resulting from the project that will be made outside the

28  state.

29         9.  A resolution adopted by the governing body of the

30  county or municipality in which the project will be located,

31  which resolution recommends that certain types of businesses

                                  33

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  1  be approved as qualified aviation-industry businesses and

  2  states that the commitments of local financial support

  3  necessary for the aviation-industry business exist. Before

  4  passage of the resolution, the office may also accept an

  5  official letter from an authorized local economic development

  6  agency that endorses the proposed aviation-industry project

  7  and pledges that sources of local financial support for such

  8  project exist. For the purposes of making pledges of local

  9  financial support under this subsection, the authorized local

10  economic development agency shall be officially designated by

11  the passage of a one-time resolution by the local governing

12  body.

13         10.  Any additional information requested by the

14  office.

15         (k)  To qualify for review by the office, the

16  application of an aviation-industry business must, at a

17  minimum, establish the following to the satisfaction of the

18  office:

19         1.  The jobs proposed to be provided under the

20  application, pursuant to subparagraph (j)4., must pay an

21  estimated annual average wage equaling at least 100 percent of

22  the average private-sector wage in the area where the business

23  is to be located or the statewide private-sector average wage.

24  The office may waive this average wage requirement at the

25  request of the local governing body recommending the project

26  and Enterprise Florida, Inc. The wage requirement may only be

27  waived for a project located in a brownfield area designated

28  under s. 376.80, in a rural city or county as defined in s.

29  288.106(1), or in an enterprise zone as designated under s.

30  290.0065 and only when the merits of the individual project or

31  the specific circumstances in the community in relationship to

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    Florida Senate - 2001                           CS for SB 30-B
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  1  the project warrant such action. If the local governing body

  2  and Enterprise Florida, Inc., make such a request, they must

  3  transmit it in writing and explain the specific justification

  4  for the waiver request. If the director elects to waive the

  5  wage requirements, the director must state the waiver in

  6  writing and must explain the reasons for granting the waiver.

  7         2.  The aviation-industry business's project must

  8  result in the retention or creation of at least 5 jobs at such

  9  project and, if an expansion of an existing business, must

10  result in a net increase in employment of not less than 10

11  percent at such business. At the request of the local

12  governing body recommending the project and Enterprise

13  Florida, Inc., the office may define an "expansion of an

14  existing business" for purposes of a rural community, as

15  defined in s. 288.106(1), or an enterprise zone as the

16  expansion of a business resulting in a net increase in

17  employment of less than 10 percent at such business if the

18  merits of the individual project or the specific circumstances

19  in the community in relationship to the project warrant such

20  action. If the local governing body and Enterprise Florida,

21  Inc., make such a request, they must transmit it in writing

22  and explain the specific justification for the request. If the

23  director elects to grant such request, the director must state

24  such election in writing and must explain the reason for

25  granting the request.

26         3.  In the case of an application based on the

27  retention of jobs in this state, the aviation-industry

28  business must demonstrate, and the office must determine, that

29  the jobs that are to provide a basis for tax refunds are at

30  imminent risk of being lost to the state and that

31  certification as a qualified aviation-industry business under

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    Florida Senate - 2001                           CS for SB 30-B
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  1  this section is a significant factor in the retention of those

  2  jobs.

  3         (l)(j)  This section does not create a presumption that

  4  an applicant should receive any tax refunds under this

  5  section.

  6         (4)  QUALIFIED DEFENSE CONTRACTOR TAX REFUND

  7  AGREEMENT.--

  8         (a)  A qualified applicant shall enter into a written

  9  agreement with the office containing, but not limited to, the

10  following:

11         1.  The total number of full-time equivalent jobs in

12  this state that are or will be dedicated to the qualified

13  applicant's project, the average wage of such jobs, the

14  definitions that will apply for measuring the achievement of

15  these terms during the pendency of the agreement, and a time

16  schedule or plan for when such jobs will be in place and

17  active in this state. This information must be the same as the

18  information contained in the application submitted by the

19  contractor pursuant to subsection (3).

20         2.  The maximum amount of a refund that the qualified

21  applicant is eligible to receive for in each fiscal year,

22  based on the job creation or retention and maintenance

23  schedule specified in subparagraph 1.

24         3.  An agreement with the office allowing the office to

25  review and verify the financial and personnel records of the

26  qualified applicant to ascertain whether the qualified

27  applicant is complying with the requirements of this section.

28         4.  The date by after which, in each fiscal year, the

29  qualified applicant may file a an annual claim pursuant to

30  subsection (5) to be considered to receive a tax refund in the

31  following fiscal year.

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    Florida Senate - 2001                           CS for SB 30-B
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  1         5.  That local financial support shall be annually

  2  available and will be paid to the Economic Development Trust

  3  Fund.

  4         (b)  Compliance with the terms and conditions of the

  5  agreement is a condition precedent for receipt of tax refunds

  6  each year. The failure to comply with the terms and conditions

  7  of the agreement shall result in the loss of eligibility for

  8  receipt of all tax refunds previously authorized pursuant to

  9  this section, and the revocation of the certification as a

10  qualified applicant by the director, unless the applicant is

11  eligible to receive and elects to accept a prorated refund

12  under paragraph (5)(g) or the office grants the business an

13  economic-stimulus exemption.

14         1.  A qualified applicant may submit, in writing, a

15  request to the office for an economic-stimulus exemption. The

16  request must provide quantitative evidence demonstrating how

17  negative economic conditions in the business's industry

18  prevented the business from complying with the terms and

19  conditions of its tax refund agreement.

20         2.  Upon receipt of a request under subparagraph 1.,

21  the director shall have 45 days to notify the requesting

22  business, in writing, if its exemption has been granted or

23  denied. In determining whether an exemption should be granted,

24  the director shall consider the extent to which negative

25  economic conditions in the requesting business's industry

26  prevented the business from complying with the terms and

27  conditions of its tax refund agreement.

28         3.  As a condition for receiving a prorated refund

29  under paragraph (5)(d) or an economic-stimulus exemption under

30  this paragraph, a qualified applicant must agree to

31  renegotiate its tax refund agreement with the office to, at a

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    Florida Senate - 2001                           CS for SB 30-B
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  1  minimum, ensure that the terms of the agreement comply with

  2  current law and office procedures governing application for

  3  and award of tax refunds. Upon approving the award of a

  4  prorated refund or granting an economic-stimulus exemption,

  5  the office shall renegotiate the tax refund agreement with the

  6  business as required by this subparagraph. When amending the

  7  agreement of a business receiving an economic-stimulus

  8  exemption, the office may extend the duration of the agreement

  9  for a period not to exceed 1 year.

10         4.  A qualified applicant may submit a request for an

11  economic-stimulus exemption to the office in lieu of any tax

12  refund claim scheduled to be submitted after June 30, 2001,

13  but before July 1, 2003.

14         5.  A qualified applicant that receives an

15  economic-stimulus exemption may not receive a tax refund for

16  the period covered by the exemption.

17         (c)  The agreement shall be signed by the director and

18  the authorized officer of the qualified applicant.

19         (d)  The agreement must contain the following legend,

20  clearly printed on its face in bold type of not less than 10

21  points:

22

23         "This agreement is neither a general obligation

24         of the State of Florida, nor is it backed by

25         the full faith and credit of the State of

26         Florida. Payment of tax refunds are conditioned

27         on and subject to specific annual

28         appropriations by the Florida Legislature of

29         funds sufficient to pay amounts authorized in

30         s. 288.1045, Florida Statutes."

31

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    Florida Senate - 2001                           CS for SB 30-B
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  1         (5)  ANNUAL CLAIM FOR REFUND FROM A QUALIFIED DEFENSE

  2  CONTRACTOR.--

  3         (a)  To be eligible to claim any scheduled tax refund,

  4  qualified applicants who have entered into a written agreement

  5  with the office pursuant to subsection (4) and who have

  6  entered into a valid new Department of Defense contract,

  7  commenced the consolidation of a Department of Defense

  8  contract, commenced the conversion of defense production jobs

  9  to nondefense production jobs, or who have entered into a

10  valid contract for reuse of a defense-related facility, or

11  commenced a qualified aviation-industry project must may apply

12  by January 31 of once each fiscal year to the office for tax

13  refunds scheduled to be paid from the appropriation for the

14  fiscal year that begins on July 1 following the January 31

15  claims-submission date. The office may, upon written request,

16  grant a 30-day extension of the filing date. The application

17  must be made on or after the date contained in the agreement

18  entered into pursuant to subsection (4) and must include a

19  notarized signature of an officer of the applicant.

20         (b)  The claim for refund by the qualified applicant

21  must include a copy of all receipts pertaining to the payment

22  of taxes for which a refund is sought, and data related to

23  achieving each performance item contained in the tax refund

24  agreement pursuant to subsection (4). The amount requested as

25  a tax refund may not exceed the amount for the relevant fiscal

26  year in the written agreement entered pursuant to subsection

27  (4).

28         (c)  A tax refund may not be approved for any qualified

29  applicant unless local financial support has been paid to the

30  Economic Development Trust Fund for in that refund fiscal

31  year. If the local financial support is less than 20 percent

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    Florida Senate - 2001                           CS for SB 30-B
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  1  of the approved tax refund, the tax refund shall be reduced.

  2  The tax refund paid may not exceed 5 times the local financial

  3  support received. Funding from local sources includes tax

  4  abatement under s. 196.1995 provided to a qualified applicant.

  5  The amount of any tax refund for an applicant approved under

  6  this section shall be reduced by the amount of any such tax

  7  abatement, and the limitations in subsection (2) and paragraph

  8  (3)(h) shall be reduced by the amount of any such tax

  9  abatement. A report listing all sources of the local financial

10  support shall be provided to the office when such support is

11  paid to the Economic Development Trust Fund.

12         (d)  The director, with assistance from the office, the

13  Department of Revenue, and the Agency for Workforce Innovation

14  Department of Labor and Employment Security, shall, by June 30

15  following the scheduled date for submitting the tax-refund

16  claim, specify by written order the approval or disapproval of

17  the tax refund claim and, if approved, determine the amount of

18  the tax refund that is authorized to be paid to for the

19  qualified applicant for the fiscal year in a written final

20  order within 30 days after the date the claim for the annual

21  tax refund is received by the office. The office may grant an

22  extension of this date upon the request of the qualified

23  applicant for the purpose of filing additional information in

24  support of the claim.

25         (e)  The total amount of tax refunds approved by the

26  director under this section in any fiscal year may not exceed

27  the amount appropriated to the Economic Development Trust Fund

28  for such purposes for the fiscal year. If the Legislature does

29  not appropriate an amount sufficient to satisfy projections by

30  the office for tax refunds in a fiscal year, the director

31  shall, not later than July 15 of such year, determine the

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    Florida Senate - 2001                           CS for SB 30-B
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  1  proportion of each refund claim which shall be paid by

  2  dividing the amount appropriated for tax refunds for the

  3  fiscal year by the projected total amount of refund claims for

  4  the fiscal year. The amount of each claim for a tax refund

  5  shall be multiplied by the resulting quotient. If, after the

  6  payment of all such refund claims, funds remain in the

  7  Economic Development Trust Fund for tax refunds, the director

  8  shall recalculate the proportion for each refund claim and

  9  adjust the amount of each claim accordingly.

10         (f)  Upon approval of the tax refund pursuant to

11  paragraphs (c) and (d), the Comptroller shall issue a warrant

12  for the amount included in the final order. In the event of

13  any appeal of the final order, the Comptroller may not issue a

14  warrant for a refund to the qualified applicant until the

15  conclusion of all appeals of the final order.

16         (g)  A prorated tax refund, less a 5 percent penalty,

17  shall be approved for a qualified applicant provided all other

18  applicable requirements have been satisfied and the applicant

19  proves to the satisfaction of the director that it has

20  achieved at least 80 percent of its projected employment and

21  that the average wage paid by the business is at least 90

22  percent of the average wage specified in the tax refund

23  agreement, but in no case less than 115 percent, or 100

24  percent in the case of a qualified aviation-industry business,

25  of the average private-sector wage in the area available at

26  the time of the claim. The prorated tax refund shall be

27  calculated by multiplying the tax refund amount for which the

28  qualified applicant would have been eligible, if all

29  applicable requirements had been satisfied, by the percentage

30  of the average employment specified in the tax refund

31  agreement which was achieved, and by the percentage of the

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    Florida Senate - 2001                           CS for SB 30-B
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  1  average wages specified in the tax refund agreement which was

  2  achieved.

  3         (h)  This section does not create a presumption that a

  4  tax refund claim will be approved and paid.

  5         (6)  ADMINISTRATION.--

  6         (a)  The office may adopt rules pursuant to chapter 120

  7  for the administration of this section.

  8         (b)  The office may verify information provided in any

  9  claim submitted for tax credits under this section with regard

10  to employment and wage levels or the payment of the taxes with

11  the appropriate agency or authority including the Department

12  of Revenue, the Department of Labor and Employment Security,

13  or any local government or authority.

14         (c)  To facilitate the process of monitoring and

15  auditing applications made under this program, the office may

16  provide a list of qualified applicants to the Department of

17  Revenue, the Agency for Workforce Innovation Department of

18  Labor and Employment Security, or to any local government or

19  authority. The office may request the assistance of said

20  entities with respect to monitoring jobs, wages, and the

21  payment of the taxes listed in subsection (2).

22         (d)  By December 1 of each year, the office shall

23  submit a complete and detailed report to the Governor, the

24  President of the Senate, and the Speaker of the House of

25  Representatives of all tax refunds paid under this section,

26  including analyses of benefits and costs, types of projects

27  supported, employment and investment created, geographic

28  distribution of tax refunds granted, and minority business

29  participation.  The report must indicate whether the moneys

30  appropriated by the Legislature to the qualified applicant tax

31

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    Florida Senate - 2001                           CS for SB 30-B
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  1  refund program were expended in a prudent, fiducially sound

  2  manner.

  3         (e)  Funds specifically appropriated for the tax refund

  4  program under this section may not be used for any purpose

  5  other than the payment of tax refunds authorized by this

  6  section.

  7         (7)  EXPIRATION.--An applicant may not be certified as

  8  qualified under this section after June 30, 2004.

  9         Section 4.  Paragraphs (a) and (d) of subsection (3),

10  paragraphs (a), (b), and (c) of subsection (4), and

11  subsections (5) and (6) of section 288.106, Florida Statutes,

12  are amended, and subsection (7) of that section is reenacted,

13  to read:

14         288.106  Tax refund program for qualified target

15  industry businesses.--

16         (3)  APPLICATION AND APPROVAL PROCESS.--

17         (a)  To apply for certification as a qualified target

18  industry business under this section, the business must file

19  an application with the office before the business has made

20  the decision to locate a new business in this state or before

21  the business had made the decision to expand an existing

22  business in this state. The application shall include, but is

23  not limited to, the following information:

24         1.  The applicant's federal employer identification

25  number and the applicant's state sales tax registration

26  number.

27         2.  The permanent location of the applicant's facility

28  in this state at which the project is or is to be located.

29         3.  A description of the type of business activity or

30  product covered by the project, including four-digit SIC codes

31  for all activities included in the project.

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  1         4.  The number of net new full-time equivalent Florida

  2  jobs at the qualified target industry business as of December

  3  31 of each year included in this state that are or will be

  4  dedicated to the project and the average wage of those jobs.

  5  If more than one type of business activity or product is

  6  included in the project, the number of jobs and average wage

  7  for those jobs must be separately stated for each type of

  8  business activity or product.

  9         5.  The total number of full-time equivalent employees

10  employed by the applicant in this state.

11         6.  The anticipated commencement date of the project.

12         7.  A brief statement concerning the role that the tax

13  refunds requested will play in the decision of the applicant

14  to locate or expand in this state.

15         8.  An estimate of the proportion of the sales

16  resulting from the project that will be made outside this

17  state.

18         9.  A resolution adopted by the governing board of the

19  county or municipality in which the project will be located,

20  which resolution recommends that certain types of businesses

21  be approved as a qualified target industry business and states

22  that the commitments of local financial support necessary for

23  the target industry business exist. In advance of the passage

24  of such resolution, the office may also accept an official

25  letter from an authorized local economic development agency

26  that endorses the proposed target industry project and pledges

27  that sources of local financial support for such project

28  exist. For the purposes of making pledges of local financial

29  support under this subsection, the authorized local economic

30  development agency shall be officially designated by the

31

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    Florida Senate - 2001                           CS for SB 30-B
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  1  passage of a one-time resolution by the local governing

  2  authority.

  3         10.  Any additional information requested by the

  4  office.

  5         (d)  The office shall forward its written findings and

  6  evaluation concerning each application meeting the

  7  requirements of paragraph (b) to the director within 45

  8  calendar days after receipt of a complete application. The

  9  office shall notify each target industry business when its

10  application is complete, and of the time when the 45-day

11  period begins. In its written report to the director, the

12  office shall specifically address each of the factors

13  specified in paragraph (c) and shall make a specific

14  assessment with respect to the minimum requirements

15  established in paragraph (b). The office shall include in its

16  report projections of the tax refunds the business would be

17  eligible to receive refund claim that will be sought by the

18  target industry business in each fiscal year based on the

19  creation and maintenance of the net new Florida jobs specified

20  in subparagraph (a)4. as of December 31 of the preceding state

21  fiscal year information submitted in the application.

22         (4)  TAX REFUND AGREEMENT.--

23         (a)  Each qualified target industry business must enter

24  into a written agreement with the office which specifies, at a

25  minimum:

26         1.  The total number of full-time equivalent jobs in

27  this state that will be dedicated to the project, the average

28  wage of those jobs, the definitions that will apply for

29  measuring the achievement of these terms during the pendency

30  of the agreement, and a time schedule or plan for when such

31  jobs will be in place and active in this state. This

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    Florida Senate - 2001                           CS for SB 30-B
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  1  information must be the same as the information contained in

  2  the application submitted by the business under subsection

  3  (3).

  4         2.  The maximum amount of tax refunds which the

  5  qualified target industry business is eligible to receive on

  6  the project and the maximum amount of a tax refund that the

  7  qualified target industry business is eligible to receive for

  8  in each fiscal year, based on the job creation and maintenance

  9  schedule specified in subparagraph 1.

10         3.  That the office may review and verify the financial

11  and personnel records of the qualified target industry

12  business to ascertain whether that business is in compliance

13  with this section.

14         4.  The date by after which, in each fiscal year, the

15  qualified target industry business may file a an annual claim

16  under subsection (5) to be considered to receive a tax refund

17  in the following fiscal year.

18         5.  That local financial support will be annually

19  available and will be paid to the account. The director may

20  not enter into a written agreement with a qualified target

21  industry business if the local financial support resolution is

22  not passed by the local governing authority within 90 days

23  after he or she has issued the letter of certification under

24  subsection (3).

25         (b)  Compliance with the terms and conditions of the

26  agreement is a condition precedent for the receipt of a tax

27  refund each year. The failure to comply with the terms and

28  conditions of the tax refund agreement results in the loss of

29  eligibility for receipt of all tax refunds previously

30  authorized under this section and the revocation by the

31  director of the certification of the business entity as a

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    Florida Senate - 2001                           CS for SB 30-B
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  1  qualified target industry business, unless the business is

  2  eligible to receive and elects to accept a prorated refund

  3  under paragraph (5)(d) or the office grants the business an

  4  economic-stimulus exemption.

  5         1.  A qualified target industry business may submit, in

  6  writing, a request to the office for an economic stimulus

  7  exemption. The request must provide quantitative evidence

  8  demonstrating how negative economic conditions in the

  9  business's industry prevented the business from complying with

10  the terms and conditions of its tax refund agreement.

11         2.  Upon receipt of a request under subparagraph 1.,

12  the director shall have 45 days to notify the requesting

13  business, in writing, if its exemption has been granted or

14  denied. In determining whether an exemption should be granted,

15  the director shall consider the extent to which negative

16  economic conditions in the requesting business's industry

17  prevented the business from complying with the terms and

18  conditions of its tax refund agreement.

19         3.  As a condition for receiving a prorated refund

20  under paragraph (5)(d) or an economic stimulus exemption under

21  this paragraph, a qualified target industry business must

22  agree to renegotiate its tax refund agreement with the office

23  to, at a minimum, ensure that the terms of the agreement

24  comply with current law and office procedures governing

25  application for and award of tax refunds. Upon approving the

26  award of a prorated refund or granting an economic stimulus

27  exemption, the office shall renegotiate the tax refund

28  agreement with the business as required by this subparagraph.

29  When amending the agreement of a business receiving an

30  economic stimulus exemption, the office may extend the

31  duration of the agreement for a period not to exceed 1 year.

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    Florida Senate - 2001                           CS for SB 30-B
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  1         4.  A qualified target industry business may submit a

  2  request for an economic stimulus exemption to the office in

  3  lieu of any tax refund claim scheduled to be submitted after

  4  June 30, 2001, but before July 1, 2003.

  5         5.  A qualified target industry business that receives

  6  an economic-stimulus exemption may not receive a tax refund

  7  for the period covered by the exemption.

  8         (c)  The agreement must be signed by the director and

  9  by an authorized officer of the qualified target industry

10  business within 120 days after the issuance of the letter of

11  certification under subsection (3), but not before passage and

12  receipt of the resolution of local financial support. The

13  office may grant an extension of this period at the written

14  request of the qualified target industry business.

15         (5)  ANNUAL CLAIM FOR REFUND.--

16         (a)  To be eligible to claim any scheduled tax refund,

17  a qualified target industry business that has entered into a

18  tax refund agreement with the office under subsection (4) must

19  may apply by January 31 of once each fiscal year to the office

20  for the a tax refund scheduled to be paid from the

21  appropriation for the fiscal year that begins on July 1

22  following the January 31 claims-submission date. The office

23  may, upon written request, grant a 30-day extension of the

24  filing date. The application must be made on or after the date

25  specified in that agreement.

26         (b)  The claim for refund by the qualified target

27  industry business must include a copy of all receipts

28  pertaining to the payment of taxes for which the refund is

29  sought and data related to achievement of each performance

30  item specified in the tax refund agreement. The amount

31

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    Florida Senate - 2001                           CS for SB 30-B
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  1  requested as a tax refund may not exceed the amount specified

  2  for the relevant that fiscal year in that agreement.

  3         (c)  A tax refund may not be approved for a qualified

  4  target industry business unless the required local financial

  5  support has been paid into the account for that refund in that

  6  fiscal year. If the local financial support provided is less

  7  than 20 percent of the approved tax refund, the tax refund

  8  must be reduced. In no event may the tax refund exceed an

  9  amount that is equal to 5 times the amount of the local

10  financial support received. Further, funding from local

11  sources includes any tax abatement granted to that business

12  under s. 196.1995 or the appraised market value of municipal

13  or county land conveyed or provided at a discount to that

14  business. The amount of any tax refund for such business

15  approved under this section must be reduced by the amount of

16  any such tax abatement granted or the value of the land

17  granted; and the limitations in subsection (2) and paragraph

18  (3)(f) must be reduced by the amount of any such tax abatement

19  or the value of the land granted. A report listing all sources

20  of the local financial support shall be provided to the office

21  when such support is paid to the account.

22         (d)  A prorated tax refund, less a 5-percent penalty,

23  shall be approved for a qualified target industry business

24  provided all other applicable requirements have been satisfied

25  and the business proves to the satisfaction of the director

26  that it has achieved at least 80 percent of its projected

27  employment and that the average wage paid by the business is

28  at least 90 percent of the average wage specified in the tax

29  refund agreement, but in no case less than 115 percent of the

30  average private-sector wage in the area available at the time

31  of the claim, or 150 percent or 200 percent of the average

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  1  private-sector wage if the business requested the additional

  2  per-job tax refund authorized in paragraph (2)(b) for wages

  3  above those levels. The prorated tax refund shall be

  4  calculated by multiplying the tax refund amount for which the

  5  qualified target industry business would have been eligible,

  6  if all applicable requirements had been satisfied, by the

  7  percentage of the average employment specified in the tax

  8  refund agreement which was achieved, and by the percentage of

  9  the average wages specified in the tax refund agreement which

10  was achieved.

11         (e)  The director, with such assistance as may be

12  required from the office, the Department of Revenue, or the

13  Agency for Workforce Innovation Department of Labor and

14  Employment Security, shall, by June 30 following the scheduled

15  date for submission of the tax-refund claim, specify by

16  written final order the approval or disapproval of the tax

17  refund claim and, if approved, the amount of the tax refund

18  that is authorized to be paid to for the qualified target

19  industry business for the fiscal year within 30 days after the

20  date that the claim for the annual tax refund is received by

21  the office. The office may grant an extension of this date on

22  the request of the qualified target industry business for the

23  purpose of filing additional information in support of the

24  claim.

25         (f)  The total amount of tax refund claims approved by

26  the director under this section in any fiscal year must not

27  exceed the amount authorized under s. 288.095(3).

28         (g)  This section does not create a presumption that a

29  tax refund claim will be approved and paid.

30         (h)(g)  Upon approval of the tax refund under

31  paragraphs (c), (d), and (e), the Comptroller shall issue a

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  1  warrant for the amount specified in the final order. If the

  2  final order is appealed, the Comptroller may not issue a

  3  warrant for a refund to the qualified target industry business

  4  until the conclusion of all appeals of that order.

  5         (6)  ADMINISTRATION.--

  6         (a)  The office is authorized to verify information

  7  provided in any claim submitted for tax credits under this

  8  section with regard to employment and wage levels or the

  9  payment of the taxes to the appropriate agency or authority,

10  including the Department of Revenue, the Agency for Workforce

11  Innovation Department of Labor and Employment Security, or any

12  local government or authority.

13         (b)  To facilitate the process of monitoring and

14  auditing applications made under this program, the office may

15  provide a list of qualified target industry businesses to the

16  Department of Revenue, to the Agency for Workforce Innovation

17  Department of Labor and Employment Security, or to any local

18  government or authority. The office may request the assistance

19  of those entities with respect to monitoring jobs, wages, and

20  the payment of the taxes listed in subsection (2).

21         (c)  Funds specifically appropriated for the tax refund

22  program for qualified target industry businesses may not be

23  used for any purpose other than the payment of tax refunds

24  authorized by this section.

25         (7)  EXPIRATION.--This section expires June 30, 2004.

26         Section 5.  Extended Homeownership Assistance

27  Program.--

28         (1)  As used in this section, the term:

29         (a)  "Corporation" means the Florida Housing Finance

30  Corporation.

31

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  1         (b)  "Eligible borrower" means a person or family

  2  earning up to 150 percent of the state or county median

  3  income, whichever is greater, adjusted for family size.

  4         (2)  There is created as a temporary program within the

  5  corporation an Extended Homeownership Assistance Program for

  6  the purpose of assisting low, moderate, and middle-income

  7  persons and families in purchasing a home by reducing the down

  8  payment and closing costs paid by these persons and families.

  9         (3)  Subject to legislative appropriation, the

10  corporation shall make subordinated nonamortizing, no-interest

11  loans to eligible borrowers for down payments or closing costs

12  related to the purchase of the eligible borrowers' primary

13  residences. Each loan is limited to $15,000 and is limited to

14  the lesser of 10 percent of the total purchase price or 10

15  percent of the appraised value of the residence. The balance

16  of each loan is due at closing if the residence is sold or

17  transferred.

18         (4)  The corporation may impose a fee not to exceed $50

19  for each loan application and may retain these fees to defray

20  the costs of implementing this section.

21         (5)  Loan repayments and other revenues that accrue

22  under this section shall be deposited in the Florida

23  Homeownership Assistance Fund created under section 420.5088,

24  Florida Statutes, and shall not revert to the General Revenue

25  Fund. These funds shall be expended as provided in section

26  420.5088, Florida Statutes, are not required to be included in

27  the corporation's budget request, and are not subject to

28  appropriation by the Legislature.

29         (6)  The corporation shall adopt rules under sections

30  120.536(1) and 120.54, Florida Statutes, to administer this

31  section, including rules governing loan-application

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  1  procedures, loan-selection criteria and procedures, the terms

  2  and conditions of loans, loan-processing procedures, and the

  3  application fee.

  4         (7)  This section is repealed effective June 30, 2003.

  5         Section 6.  Small Business Crisis Management Team.--

  6         (1)  The Legislature recognizes that periods of

  7  sustained economic weakness, whether associated or

  8  unassociated with events such as the September 11, 2001,

  9  terrorist attacks on the United States, are particularly

10  difficult for small businesses. Because its economy is

11  dominated by small businesses, the state is especially

12  vulnerable to periods of economic weakness. In addition, the

13  Legislature finds that Enterprise Florida, Inc., as the

14  principal economic development organization for the state,

15  works with a diverse network of organizations and therefore is

16  in a unique position to assist small businesses during times

17  of economic crisis.

18         (2)  Enterprise Florida, Inc., is directed to

19  incorporate into its operations a Small Business Crisis

20  Management Team that can be activated quickly and for

21  temporary periods of time to assist small businesses in the

22  state during periods of economic crisis or sustained economic

23  weakness. The team shall be comprised of senior staff members

24  from Enterprise Florida, Inc., appointed by the president of

25  Enterprise Florida, Inc., as well as representatives of other

26  organizations who are recruited to serve on the team by the

27  president of Enterprise Florida, Inc. The purposes of the team

28  shall include, but not be limited to:

29         (a)  Serving as an initial, single point of contact for

30  small businesses that are attempting to gather information on

31

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  1  the variety of state and federal programs and services

  2  available to them.

  3         (b)  Publicizing to small businesses information on

  4  federal assistance programs or initiatives, such as the

  5  economic injury loan programs of the U.S. Small Business

  6  Administration.

  7         (c)  Referring small businesses to organizations, such

  8  as small business development centers, that can provide

  9  one-on-one counseling in business operations or best

10  practices.

11         (d)  Coordinating with the state and regional partners

12  in the workforce development system, including but not limited

13  to the REACT unit of the Agency for Workforce Innovation, to

14  ensure that businesses undergoing layoffs or contemplating

15  layoffs are aware of economic development incentives or other

16  programs and services that may help reduce or avoid the need

17  for such layoffs.

18         (e)  Utilizing the eflorida.com website as a resource

19  for small businesses to gather current information on

20  available assistance.

21         (3)  The Office of Tourism, Trade, and Economic

22  Development; Workforce Florida, Inc.; the Agency for Workforce

23  Innovation; and the Department of Community Affairs shall

24  assist Enterprise Florida, Inc., with the operation of the

25  Small Business Crisis Management Team and shall each appoint

26  at least one staff member to serve as a liaison to the team.

27         (4)  In order to provide a focus for the activities of

28  the Small Business Crisis Management Team, the term "small

29  business" as used in this section generally shall mean a

30  business with 25 or fewer employees. Enterprise Florida, Inc.,

31  however, may provide services under this section to businesses

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  1  with more employees if, in its judgment, the economic

  2  conditions or circumstances of the particular business

  3  warrant.

  4         Section 7.  Effective July 1, 2002, sections 332.201,

  5  332.202, 332.203, 332.204, 332.205, 332.206, 332.207, 332.208,

  6  332.209, 332.210, and 332.211, Florida Statutes, are created

  7  to read:

  8         332.201  Short title.--Sections 332.201-332.211 may be

  9  cited as the "Florida Airport Authority Act."

10         332.202  Definitions.--As used in this act, the term:

11         (1)  "Agency of the state" means and includes the state

12  and any department of, or corporation, agency, or

13  instrumentality created, designated, or established by, the

14  state.

15         (2)  "Airport" means any area of land or water, or any

16  manmade object or facility located therein, which is used, or

17  intended for public use, for the landing and takeoff of

18  aircraft, and any appurtenant areas which are used, or

19  intended for public use, for airport buildings or other

20  airport facilities or rights-of-way.

21         (3)  "Airport system" means any and all airports within

22  the geographic boundaries of an airport authority established

23  pursuant to this act and appurtenant facilities thereto,

24  including, but not limited to, all approaches, roads, bridges,

25  and avenues of access for such airport.

26         (4)  "Authority" means an airport authority established

27  pursuant to this act which is a body politic and corporate and

28  a public instrumentality.

29         (5)  "Bonds" means and includes the notes, bonds,

30  refunding bonds, or other evidences of indebtedness or

31

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  1  obligations, in either temporary or definitive form, which an

  2  authority issues pursuant to this act.

  3         (6)  "Department" means the Department of

  4  Transportation.

  5         (7)  "Division" means the Division of Bond Finance of

  6  the State Board of Administration.

  7         (8)  "Express written consent" means prior express

  8  written consent given in the form of a resolution adopted by a

  9  board of county commissioners.

10         (9)  "Federal agency" means and includes the United

11  States, the President of the United States, and any department

12  of, or corporation, agency, or instrumentality created,

13  designated, or established by, the United States.

14         332.203  Airport authority; formation; membership.--

15         (1)  Any county which has a population of more than 2.1

16  million people shall at the countywide election hold a

17  referendum in which the electors shall decide whether to form

18  an airport authority, which shall be an agency of the state,

19  pursuant to this act.

20         (2)  The governing body of the authority shall consist

21  of seven voting members, two of whom shall be appointed by the

22  Governor subject to confirmation by the Senate. Each member of

23  the governing body must at all times during his or her term of

24  office be a permanent resident of the county which he or she

25  is appointed to represent.

26         (a)  The two members of the governing body appointed by

27  the Governor, subject to confirmation by the Senate, shall

28  serve terms of 4 years. Such persons may not hold elective

29  office during their terms of office.

30         (b)  Two members shall be appointed by the County

31  Ethics Commission.

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  1         (c)  One member shall be appointed by the County Mayor.

  2         (d)  Two members shall be appointed by the County

  3  Commission. At least one of the members appointed by the

  4  County Commission must possess expertise in airport security.

  5         (3)(a)  The governing body of each authority shall

  6  elect one of its members as its chair and shall elect a

  7  secretary and a treasurer, who need not be members of the

  8  authority. The chair, secretary, and treasurer shall hold

  9  their offices at the will of the governing body. A simple

10  majority of the governing body constitutes a quorum, and the

11  vote of a majority of those members present is necessary for

12  the governing body to take any action. A vacancy on a

13  governing body shall not impair the right of a quorum of the

14  governing body to exercise all of the rights and perform all

15  of the duties of the authority.

16         (b)  Upon the effective date of his or her appointment,

17  or as soon thereafter as practicable, each appointed member of

18  a governing body shall enter upon his or her duties.

19         (4)(a)  An authority may employ an executive secretary,

20  an executive director, its own counsel and legal staff,

21  technical experts, and such engineers and employees, permanent

22  or temporary, as it may require and shall determine the

23  qualifications and fix the compensation of such persons,

24  firms, or corporations. An authority may employ a fiscal agent

25  or agents; however, the authority must solicit sealed

26  proposals from at least three persons, firms, or corporations

27  for the performance of any services as fiscal agent. An

28  authority may delegate to one or more of its agents or

29  employees such of its power as it deems necessary to carry out

30  the purposes of this act, subject always to the supervision

31  and control of the authority.

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  1         (b)  Members of the governing body of an authority may

  2  be removed from office by the Governor for misconduct,

  3  malfeasance, misfeasance, or nonfeasance in office.

  4         (c)  Members of the governing body of an authority are

  5  entitled to receive from the authority their travel and other

  6  necessary expenses incurred in connection with the business of

  7  the authority as provided in s. 112.061, but they may not draw

  8  salaries or other compensation.

  9         (d)  Members of the governing body of an authority

10  shall be required to comply with the applicable financial

11  disclosure requirements of ss. 112.3144, 112.3148, and

12  112.3149.

13         (5)  No member or spouse shall be the holder of the

14  stocks or bonds of any company, other than through ownership

15  of shares in a mutual fund, regulated by the authority, or any

16  affiliated company of any company regulated by the authority,

17  or be an agent or employee of, or have any interest in, any

18  company regulated by the authority or any affiliated company

19  of any company regulated by the authority, or in any firm

20  which represents in any capacity either companies which are

21  regulated by the authority or affiliates of companies

22  regulated by the authority.  As a condition of appointment to

23  the council, each appointee shall affirm to the Speaker and

24  the President his or her qualification by the following

25  certification:  "I hereby certify that I am not a stockholder,

26  other than through ownership of shares in a mutual fund, in

27  any company regulated by the authority or in any affiliate of

28  a company regulated by the authority, nor in any way, directly

29  or indirectly, in the employment of, or engaged in the

30  management of any company regulated by the authority or any

31  affiliate of a company regulated by the authority, or in any

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  1  firm which represents in any capacity either companies which

  2  are regulated by the authority or affiliates of companies

  3  regulated by the authority." A member of the authority shall

  4  not contribute to the campaign account of any elected

  5  official, nor solicit any campaign contributions for any

  6  elected official.

  7         332.204  Purposes and powers.--

  8         (1)(a)  An authority created and established pursuant

  9  to this act may acquire, hold, construct, improve, maintain,

10  operate, own, and lease an airport system.

11         (b)  Construction of an airport system may be completed

12  by an authority in segments, phases, or stages, in a manner

13  which will permit the expansion of these segments, phases, or

14  stages to the desired airport configuration. Each authority,

15  in the construction of an airport system, may construct any

16  extensions of, additions to, or improvements to, the airport

17  system or appurtenant facilities, including all necessary

18  approaches, roads, bridges, and avenues of access, with such

19  changes, modifications, or revisions of the project that are

20  deemed desirable and proper. An authority may only add

21  additional airports to an airport system, under the terms and

22  conditions set forth in this act, with the prior express

23  written consent of the board of county commissioners of each

24  county located within the geographic boundaries of the

25  authority, and only if such additional airports are

26  financially feasible, and are compatible with the existing

27  plans, projects, and programs of the authority.

28         (2)  Each authority may exercise all powers necessary,

29  appurtenant, convenient, or incidental to the carrying out of

30  its purposes, including, but not limited to, the following

31  rights and powers:

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  1         (a)  To sue and be sued, implead and be impleaded, and

  2  complain and defend in all courts.

  3         (b)  To adopt, use, and alter at will a corporate seal.

  4         (c)  To acquire, purchase, hold, lease as lessee, and

  5  use any franchise or property, real, personal, or mixed,

  6  tangible or intangible, or any interest therein necessary or

  7  desirable for carrying out the purposes of the authority and

  8  to sell, lease as lessor, transfer, and dispose of any

  9  property or interest therein at any time acquired by it.

10         (d)  To enter into and make leases, either as lessee or

11  as lessor, in order to carry out the right to lease as set

12  forth in this act.

13         (e)  To fix, alter, charge, establish, and collect

14  rates, fees, rentals, and other charges for the services and

15  facilities of the airport system, which rates, fees, rentals,

16  and other charges must always be sufficient to comply with any

17  covenants made with the holders of any bonds issued pursuant

18  to this act.

19         (f)  To borrow money, make and issue negotiable notes,

20  bonds, refund bonds and other evidence of indebtedness, either

21  in temporary or definitive form, of the authority, which bonds

22  or other evidence of indebtedness may be issued pursuant to

23  the State Bond Act, to finance an airport system within the

24  geographic boundaries of the authority, and to provide for the

25  security of the bonds or other evidence of indebtedness and

26  the rights and remedies of the holders of the bonds or other

27  evidence of indebtedness. Any bonds or other evidence of

28  indebtedness pledging the full faith and credit of the state

29  shall only be issued pursuant to the State Bond Act.

30

31

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  1         (g)  To enter into contracts and to execute all

  2  instruments necessary or convenient for the carrying on of its

  3  business.

  4         (h)  Without limitation of the foregoing, to borrow

  5  money and accept grants from, and to enter into contracts,

  6  leases, or other transactions with, any federal agency, the

  7  state, any agency of the state or county, or any other public

  8  body of the state.

  9         (i)  To have the power of eminent domain, including the

10  procedural powers granted under chapters 73 and 74.

11         (j)  To pledge, hypothecate, or otherwise encumber all

12  or any part of the revenues, rates, fees, rentals, or other

13  charges or receipts of the authority, as security for all or

14  any of the obligations of the authority.

15         (k)  To do all acts and things necessary or convenient

16  for the conduct of its business and the general welfare of the

17  authority in order to carry out the powers granted to it by

18  law.

19         (l)  An airport authority may consider any unsolicited

20  proposals from private entities and all factors it deems

21  important in evaluating such proposals. The airport authority

22  shall adopt rules or policies in compliance with s. 334.30 for

23  the receipt, evaluation, and consideration of such proposals

24  in order to enter into agreements for the planning design,

25  engineering, construction, operation, ownership, or financing

26  of its airport system. Such rules must require substantially

27  similar technical information as is required by Rule

28  14-107.0011(3)(a)-(e), Florida Administrative Code. In

29  accepting a proposal and entering into such an agreement, the

30  airport authority and the private entity shall for all

31  purposes be deemed to have complied with chapters 255 and 287.

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  1  Similar proposals shall be reviewed and acted on by the

  2  authority in the order in which they were received. An

  3  additional airport may only be constructed under this

  4  paragraph with state and federal approval, and with the prior

  5  express written consent of the board of county commissioners

  6  of each county located within the geographical boundaries of

  7  the authority.

  8         (3)  The use or pledge of any portion of county tax

  9  funds may not be made without the prior express written

10  consent of the board of county commissioners of each county

11  located within the geographic boundaries of the authority.

12         (4)  Any authority formed pursuant to this act shall

13  comply with all statutory requirements of general application

14  which relate to the filing of any report or documentation

15  required by law, including the requirements of ss. 189.4085,

16  189.415, 189.417, and 189.418.

17         (5)  No airport authority shall undertake any

18  construction that is not consistent with federal aviation

19  requirements, the statewide aviation system plan, and the

20  county's comprehensive plan.

21         (6)  The governing body of the county may enter into an

22  interlocal agreement with an authority pursuant to chapter 163

23  for the joint performance or performance by either

24  governmental entity of any corporate function of the county or

25  authority necessary or appropriate to enable the authority to

26  fulfill the powers and purposes of this act and promote the

27  efficient and effective transportation of persons and goods in

28  such county.

29         332.205  Bonds.--With the prior express written consent

30  of the board of county commissioners of each county located

31  within the geographic boundaries of an authority, bonds may be

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  1  issued on behalf of an authority as provided by the State Bond

  2  Act.

  3         332.206  County may be appointed agent of authority for

  4  construction.--The county may be appointed by the authority as

  5  its agent for the purpose of constructing improvements to an

  6  airport system and for the completion thereof. In such event,

  7  the authority shall provide the county with complete copies of

  8  all documents, agreements, resolutions, contracts, and

  9  instruments relating thereto; shall request the county to do

10  such construction work, including the planning, surveying, and

11  actual construction of the completion and improvements to the

12  airport system; and shall transfer to the credit of an account

13  of the county the necessary funds therefor.

14         332.207  Acquisition of lands and property.--

15         (1)  For the purposes of this act, an airport authority

16  may acquire private or public property and property rights,

17  including rights of access, air, view, and light, by gift,

18  devise, purchase, or condemnation by eminent domain

19  proceedings, as the authority may deem necessary for any of

20  the purposes of this act, including, but not limited to, any

21  lands reasonably necessary for securing applicable permits,

22  areas necessary for management of access, borrow pits,

23  drainage ditches, water retention areas, replacement access

24  for landowners whose access is impaired due to the improvement

25  of an airport system, and replacement rights-of-way for

26  relocated rail and utility facilities; or for existing,

27  proposed, or anticipated transportation facilities within the

28  airport system. The authority may also condemn any material

29  and property necessary for such purposes.

30

31

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  1         (2)  The right of eminent domain conferred by this act

  2  must be exercised by an authority in the manner provided by

  3  law.

  4         332.208  Cooperation with other units, boards,

  5  agencies, and individuals.--Express authority and power is

  6  given and granted to any county, municipality, drainage

  7  district, road and bridge district, school district, or other

  8  political subdivision, board, commission, or individual in or

  9  of this state to enter into contracts, leases, conveyances, or

10  other agreements within the provisions and purposes of this

11  act with an authority. An authority may enter into contracts,

12  leases, conveyances, and other agreements, to the extent

13  consistent with this chapter and chapters 330, 331, and 333

14  and other provisions of the laws of the state, with any

15  political subdivision, agency, or instrumentality of the state

16  and any federal agency, corporation, and individual, for the

17  purpose of carrying out the provisions of this act.

18         332.209  Covenant of the state.--The state does hereby

19  pledge to, and agrees with, any person, firm, corporation, or

20  federal or state agency subscribing to or acquiring the bonds

21  to be issued by an authority for the purposes of this act that

22  the state will not limit or alter the rights hereby vested in

23  an authority and the department until all bonds at any time

24  issued, together with the interest thereon, are fully paid and

25  discharged, insofar as the same affects the rights of the

26  holders of bonds issued hereunder. The state does further

27  pledge to, and agrees with, the United States that, in the

28  event any federal agency constructs, or contributes any funds

29  for the completion, extension, or improvement of, an airport

30  system or any part or portion thereof, the state will not

31  alter or limit the rights and powers of an authority and the

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  1  department in any manner which would be inconsistent with the

  2  continued maintenance and operation of the airport system or

  3  the completion, extension, or improvement thereof or which

  4  would be inconsistent with the due performance of any

  5  agreement between the authority and any such federal agency,

  6  and the authority and the department shall continue to have

  7  and may exercise all powers granted so long as the same shall

  8  be necessary or desirable for carrying out the purposes of

  9  this act and the purposes of the United States in the

10  completion, extension, or improvement of the airport system or

11  any part or portion thereof.

12         332.210  Exemption from taxation.--The effectuation of

13  the authorized purposes of an airport authority is in all

14  respects for the benefit of the people of the state, for the

15  increase of their commerce and prosperity, and for the

16  improvement of their health and living conditions. For this

17  reason, an authority is not required to pay any taxes or

18  assessments of any kind or nature whatsoever upon any property

19  acquired by it or used by it for such purposes or upon any

20  revenues at any time received by it. The bonds issued by or on

21  behalf of an authority, their transfer, and the income

22  therefrom, including any profits made on the sale thereof, are

23  exempt from taxation of any kind by the state or by any

24  political subdivision or other taxing agency or

25  instrumentality thereof. The exemption granted by this section

26  does not apply to any tax imposed under chapter 220 on

27  interest, income, or profits on debt obligations owned by

28  corporations.

29         332.211  Exemption from applicability.--This act does

30  not apply in a county in which an authority has been created

31

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  1  pursuant to a general or special act of the Legislature for

  2  the purpose of owning, building, or operating an airport.

  3         Section 8.  The provisions of the Florida Airport

  4  Authority Act, sections 332.201-332.211, Florida Statutes,

  5  shall not apply to any county which has created its own

  6  airport authority.

  7         Section 9.  Members of the authority created pursuant

  8  to the Florida Airport Authority Act, sections

  9  332.201-332.211, Florida Statutes, are required to file full

10  and public disclosure of financial interests pursuant to

11  section 112.3144, Florida Statutes.

12         Section 10.  Section 121.155, Florida Statutes, is

13  created to read:

14         121.155  Investments in support of economic development

15  strategies; legislative findings and intent.--

16         (1)  The Legislature finds that:

17         (a)  The recruitment, retention, and expansion of

18  high-technology businesses constitute a principal economic

19  development strategy of the state.

20         (b)  High-technology businesses have the potential to

21  contribute significantly to the prosperity of the state and

22  its residents through the creation of employment opportunities

23  and through the generation of revenues into the economy.

24         (c)  A significant barrier to the growth of

25  high-technology businesses in the state is caused by a lack of

26  access to sources of capital to support the activities of

27  those businesses.

28         (d)  The State Board of Administration, through the

29  investment of funds of the System Trust Fund, has the ability

30  to influence the availability of capital in the marketplace

31  for businesses located in the state.

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  1         (e)  The investment of funds of the System Trust Fund

  2  in a manner consistent with the economic development goals of

  3  the state enhances the prospects for fulfillment of those

  4  goals.

  5         (2)  It is the intent of the Legislature that the State

  6  Board of Administration, consistent with sound investment

  7  policy and with the investment provisions set forth in ss.

  8  215.44-215.53, continue to maximize opportunities for

  9  investing and reinvesting available funds of the System Trust

10  Fund in a manner that is consistent with, and that supports

11  fulfillment of, the economic development strategies of the

12  state, including investing and reinvesting funds in support of

13  the capital needs of emerging and strategic high-technology

14  businesses located in the state. It is further the intent of

15  the Legislature that the State Board of Administration, in

16  supporting fulfillment of the economic development strategies

17  of the state, establish partnerships, when feasible, with

18  venture capital firms designed to facilitate investment of

19  venture capital in high-technology businesses located in this

20  state.

21         (3)  Staff of the State Board of Administration shall

22  regularly solicit information from Enterprise Florida, Inc.,

23  concerning those high-technology business sectors that

24  research indicates have significant potential to contribute to

25  the economic development of the state, and shall provide that

26  information to the Investment Advisory Council created under

27  s. 215.444.

28         (4)  As part of the annual report required under s.

29  215.44, the State Board of Administration shall describe those

30  investment activities undertaken during the year which are in

31

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  1  furtherance of the findings and intent expressed in this

  2  section.

  3         Section 11.  Section 159.26, Florida Statutes, is

  4  amended to read:

  5         159.26  Legislative findings and purposes.--The

  6  Legislature finds and declares that:

  7         (1)  The agriculture, tourism, urban development,

  8  historic preservation, information technology, education, and

  9  health care industries, among others, are vital to the economy

10  of the state and to the welfare of the people and need to be

11  enhanced and expanded to improve the competitive position of

12  the state;

13         (2)  There is a need to enhance other economic activity

14  in the state by attracting manufacturing development, business

15  enterprise management, and other activities conducive to

16  economic promotion in order to provide a stronger, more

17  balanced, and stable economy in the state, while providing

18  through pollution control and otherwise for the health and

19  safety of the people;

20         (3)  In order to improve the prosperity and welfare of

21  the state and its inhabitants; to improve education, living

22  conditions, and health care; to promote the preservation of

23  historic structures; to promote the rehabilitation of

24  enterprise zones; to promote improved transportation; to

25  promote effective and efficient pollution control throughout

26  the state; to promote the advancement of education and science

27  and research in and the economic development of the state; to

28  promote the advancement of information technology; and to

29  increase purchasing power and opportunities for gainful

30  employment, it is necessary and in the public interest to

31  facilitate the financing of the projects provided for in this

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  1  part and to facilitate and encourage the planning and

  2  development of these projects without regard to the boundaries

  3  between counties, municipalities, special districts, and other

  4  local governmental bodies or agencies in order to more

  5  effectively and efficiently serve the interests of the

  6  greatest number of people in the widest area practicable; and

  7         (4)  The purposes to be achieved by such projects and

  8  the financing of them in compliance with the criteria and

  9  requirements of this part are predominantly the public

10  purposes stated in this section, and such purposes implement

11  the governmental purposes under the State Constitution of

12  providing for the health, safety, and welfare of the people,

13  including implementing the purpose of s. 10(c), Art. VII of

14  the State Constitution.

15         Section 12.  Subsection (5) of section 159.27, Florida

16  Statutes, is amended and subsection (25) is added to that

17  section to read:

18         159.27  Definitions.--The following words and terms,

19  unless the context clearly indicates a different meaning,

20  shall have the following meanings:

21         (5)  "Project" means any capital project comprising an

22  industrial or manufacturing plant, a research and development

23  park, an information technology facility, an agricultural

24  processing or storage facility, a warehousing or distribution

25  facility, a headquarters facility, a tourism facility, a

26  convention or trade show facility, an urban parking facility,

27  a trade center, a health care facility, an educational

28  facility, a correctional or detention facility, a motion

29  picture production facility, a preservation or rehabilitation

30  of a certified historic structure, an airport or port

31  facility, a commercial project in an enterprise zone, a

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  1  pollution-control facility, a hazardous or solid waste

  2  facility, a social service center, or a mass commuting

  3  facility, including one or more buildings and other

  4  structures, whether or not on the same site or sites; any

  5  rehabilitation, improvement, renovation, or enlargement of, or

  6  any addition to, any buildings or structures for use as a

  7  factory, a mill, a processing plant, an assembly plant, a

  8  fabricating plant, an industrial distribution center, a

  9  repair, overhaul, or service facility, a test facility, an

10  agricultural processing or storage facility, a warehousing or

11  distribution facility, a headquarters facility, a tourism

12  facility, a convention or trade show facility, an urban

13  parking facility, a trade center, a health care facility, an

14  educational facility, a correctional or detention facility, a

15  motion picture production facility, a preservation or

16  rehabilitation of a certified historic structure, an airport

17  or port facility, a commercial project in an enterprise zone,

18  a pollution-control facility, a hazardous or solid waste

19  facility, a social service center, or a mass commuting

20  facility, and other facilities, including research and

21  development facilities and information technology facilities,

22  for manufacturing, processing, assembling, repairing,

23  overhauling, servicing, testing, or handling of any products

24  or commodities embraced in any industrial or manufacturing

25  plant, in connection with the purposes of a research and

26  development park, or other facilities for or used in

27  connection with an agricultural processing or storage

28  facility, a warehousing or distribution facility, a

29  headquarters facility, a tourism facility, a convention or

30  trade show facility, an urban parking facility, a trade

31  center, a health care facility, an educational facility, a

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  1  correctional or detention facility, a motion picture

  2  production facility, a preservation or rehabilitation of a

  3  certified historic structure, an airport or port facility, or

  4  a commercial project in an enterprise zone or for controlling

  5  air or water pollution or for the disposal, processing,

  6  conversion, or reclamation of hazardous or solid waste, a

  7  social service center, or a mass commuting facility; and

  8  including also the sites thereof and other rights in land

  9  therefor whether improved or unimproved, machinery, equipment,

10  site preparation and landscaping, and all appurtenances and

11  facilities incidental thereto, such as warehouses, utilities,

12  access roads, railroad sidings, truck docking and similar

13  facilities, parking facilities, office or storage or training

14  facilities, public lodging and restaurant facilities, dockage,

15  wharfage, solar energy facilities, and other improvements

16  necessary or convenient for any manufacturing or industrial

17  plant, research and development park, information technology

18  facility, agricultural processing or storage facility,

19  warehousing or distribution facility, tourism facility,

20  convention or trade show facility, urban parking facility,

21  trade center, health care facility, educational facility, a

22  correctional or detention facility, motion picture production

23  facility, preservation or rehabilitation of a certified

24  historic structure, airport or port facility, commercial

25  project in an enterprise zone, pollution-control facility,

26  hazardous or solid waste facility, social service center, or a

27  mass commuting facility and any one or more combinations of

28  the foregoing.

29         (25)  "Information technology facility" means a

30  building or structure, including infrastructure such as roads,

31  power, water, network access points, and fiber optic cable

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  1  leading to the structure, which is used to house businesses

  2  classified within the following codes of the North American

  3  Industry Classification System (NAICS): 334111 (electronic

  4  computer manufacturing), 334112 (computer storage device

  5  manufacturing), 334113 (computer terminal manufacturing),

  6  334119 (other computer peripheral equipment manufacturing),

  7  334613 (magnetic and optical recording media manufacturing),

  8  334418 (printed circuit assembly manufacturing), 334411

  9  (electron tube manufacturing), 334412 (bare printed circuit

10  board manufacturing), 334413 (semiconductor and related device

11  manufacturing), 334417 (electronic connector manufacturing),

12  334611 (software reproducing), 541512 (computer systems design

13  services), 51421 (data processing services), 514191 (on-line

14  information services), 811212 (computer and office machine

15  repair and maintenance), 44312 (computer and software

16  stores-retail), 541519 (other computer related services),

17  42143 (computer and computer peripheral equipment and software

18  wholesalers), 51121 (software publishers), 541511 (custom

19  computer programming services), and 61142 (computer training).

20  The term also includes joint-use advanced digital media

21  research and production facilities created pursuant to

22  authority from the Legislature to enable the Office of

23  Tourism, Trade, and Economic Development to administer a

24  program facilitating the establishment and maintenance of such

25  digital media facilities.

26         Section 13.  Subsection (10) of section 159.705,

27  Florida Statutes, is amended to read:

28         159.705  Powers of the authority.--The authority is

29  authorized and empowered:

30         (10)  Other provisions of law to the contrary

31  notwithstanding, to acquire by lease, without consideration,

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  1  purchase, or option any lands owned, administered, managed,

  2  controlled, supervised, or otherwise protected by the state or

  3  any of its agencies, departments, boards, or commissions for

  4  the purpose of establishing a research and development park,

  5  subject to being first designated a research and development

  6  authority under the provisions of ss. 159.701-159.7095.  The

  7  authority may cooperate with state and local political

  8  subdivisions and with private profit and nonprofit entities to

  9  implement the public purposes set out in s. 159.701.  Such

10  cooperation may include agreements for the use of the

11  resources of state and local political subdivisions, agencies,

12  or entities on a fee-for-service basis or on a cost-recovery

13  basis. A project that is located in a research and development

14  park and is financed under the provisions of the Florida

15  Industrial Development Financing Act may be operated by a

16  research and development authority, a state university, a

17  Florida community college, or a governmental agency if the

18  purpose and operation of the project is consistent with the

19  purposes and policies specified in ss. 159.701-159.7095.

20         Section 14.  Section 240.105, Florida Statutes, is

21  amended to read:

22         240.105  Statement of purpose and mission.--

23         (1)  The Legislature finds it in the public interest to

24  provide a system of higher education which is of the highest

25  possible quality; which enables students of all ages,

26  backgrounds, and levels of income to participate in the search

27  for knowledge and individual development; which stresses

28  undergraduate teaching as its main priority; which offers

29  selected professional, graduate, and research programs with

30  emphasis on state and national needs; which fosters diversity

31  of educational opportunity; which promotes service to the

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  1  public; which promotes economic development of the state;

  2  which makes effective and efficient use of human and physical

  3  resources; which functions cooperatively with other

  4  educational institutions and systems; and which promotes

  5  internal coordination and the wisest possible use of

  6  resources.

  7         (2)  The mission of the state system of postsecondary

  8  education is to develop human resources, to discover and

  9  disseminate knowledge, to extend knowledge and its application

10  beyond the boundaries of its campuses, and to serve and

11  stimulate society by developing in students heightened

12  intellectual, cultural, and humane sensitivities; scientific,

13  professional, and technological expertise; and a sense of

14  purpose. Inherent in this broad mission are methods of

15  instruction, research, extended training, and public service

16  designed to educate people, promote the economic development

17  of the state, and improve the human condition.  Basic to every

18  purpose of the system is the search for truth.

19         Section 15.  Section 240.710, Florida Statutes, is

20  amended to read:

21         240.710  Digital Media Education Coordination Group.--

22         (1)  The Division of Colleges and Universities of the

23  Department of Education Board of Regents shall create a

24  Digital Media Education Coordination Group composed of

25  representatives of the universities within the State

26  University System that shall work in conjunction with the

27  Division Department of Education, the State Board of Community

28  Colleges, the Office of Tourism, Trade, and Economic

29  Development, and the Articulation Coordinating Committee on

30  the development of a plan to enhance Florida's ability to meet

31  the current and future workforce needs of the digital media

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  1  industry. The following purposes of the group shall be

  2  included in its plan development process:

  3         (a)  Coordination of the use of existing academic

  4  programs and research and faculty resources to promote the

  5  development of a digital media industry in this state.

  6         (b)  Address strategies to improve opportunities for

  7  interdisciplinary study and research within the emerging field

  8  of digital media through the development of tracts in existing

  9  degree programs, new interdisciplinary degree programs, and

10  interdisciplinary research centers.

11         (c)  Address the sharing of resources among

12  universities in such a way as to allow a student to take

13  courses from multiple departments or multiple educational

14  institutions in pursuit of competency, certification, and

15  degrees in digital information and media technology.

16         (2)  Where practical, private accredited institutions

17  of higher learning in this state should be encouraged to

18  participate.

19         (3)  In addition to the elements of the plan governed

20  by the purposes described in subsection (1), the plan shall

21  include, to the maximum extent practical, the coordination of

22  educational resources to be provided by distance learning and

23  shall facilitate to the maximum extent possible articulation

24  and transfer of credits between community colleges and the

25  state universities. The plan shall address student enrollment

26  in affected programs with emphasis on enrollment beginning as

27  early as fall term, 2001.

28         (3)(4)  The Digital Media Education Coordination Group

29  shall submit an annual report of its activities with any

30  recommendations for policy implementation or funding to the

31  Florida Board of Education and its plan to the President of

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  1  the Senate and the Speaker of the House of Representatives by

  2  February 1 of each year no later than January 1, 2001.

  3         Section 16.  Paragraph (i) of subsection (6) of section

  4  288.108, Florida Statutes, is amended to read:

  5         288.108  High-impact business.--

  6         (6)  SELECTION AND DESIGNATION OF HIGH-IMPACT

  7  SECTORS.--

  8         (i)  For the purposes of this subsection, the

  9  semiconductor a high-impact sector consists of the silicon

10  technology sector and the information technology sector are

11  that Enterprise Florida, Inc., has found to be focused around

12  the type of high-impact businesses for which the incentive

13  created in this section subsection is designed. These required

14  and will create the kinds of sectors sector and economy wide

15  benefits that justify the use of state resources as economic

16  development incentives. Further, the use of state resources to

17  encourage investment in these sectors is necessary to

18  encourage these investments and require substantial

19  inducements to compete with the incentive packages offered by

20  other states and nations. For the purposes of this subsection

21  and s. 220.191, the term "information technology sector"

22  includes, but is not limited to, the digital media sector as

23  defined by Enterprise Florida, Inc., and approved by the

24  Office of Tourism, Trade, and Economic Development.

25         Section 17.  Section 445.045, Florida Statutes, is

26  amended to read:

27         445.045  Development of an Internet-based system for

28  information technology industry promotion and workforce

29  recruitment.--

30         (1)  Workforce Florida, Inc., is responsible for

31  directing The Department of Labor and Employment Security

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  1  shall facilitate efforts to ensure the development and

  2  maintenance of a website that promotes and markets the

  3  information technology industry in this state. The website

  4  shall be designed to inform the public concerning the scope of

  5  the information technology industry in the state and shall

  6  also be designed to address the workforce needs of the

  7  industry. The website shall include, through links or actual

  8  content, information concerning information technology

  9  businesses in this state, including links to such businesses;

10  information concerning employment available at these

11  businesses; and the means by which a jobseeker may post a

12  resume on the website.

13         (2)  Workforce Florida, Inc., The Department of Labor

14  and Employment Security shall coordinate with the State

15  Technology Office and the Agency for Workforce Innovation

16  Workforce Development Board of Enterprise Florida, Inc., to

17  ensure links, where feasible and appropriate, to existing job

18  information websites maintained by the state and state

19  agencies and to ensure that information technology positions

20  offered by the state and state agencies are posted on the

21  information technology website.

22         (3)  Workforce Florida, Inc., shall ensure that the

23  website developed and maintained under this section is

24  consistent, compatible, and coordinated with the workforce

25  information systems required under s. 445.011, including, but

26  not limited to, the automated job-matching information system

27  for employers, job seekers, and other users.

28         (4)(a)  Workforce Florida, Inc., shall coordinate

29  development and maintenance of the website under this section

30  with the state's Chief Information Officer in the State

31

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  1  Technology Office to ensure compatibility with the state's

  2  information system strategy and enterprise architecture.

  3         (b)  Workforce Florida, Inc., may enter into an

  4  agreement with the Agency for Workforce Innovation or any

  5  other public agency with the requisite information technology

  6  expertise for the provision of design, operating, or other

  7  technological services necessary to develop and maintain the

  8  website.

  9         (c)  Workforce Florida, Inc., may procure services

10  necessary to implement the provisions of this section, if it

11  employs competitive processes, including requests for

12  proposals, competitive negotiation, and other competitive

13  processes to ensure that the procurement results in the most

14  cost-effective investment of state funds.

15         (5)  In furtherance of the requirements of this section

16  that the website promote and market the information technology

17  industry by communicating information on the scope of the

18  industry in this state, Workforce Florida, Inc., shall

19  coordinate its efforts with the high-technology industry

20  marketing efforts of Enterprise Florida, Inc., under s.

21  288.911. Through links or actual content, the website

22  developed under this section shall serve as a forum for

23  distributing the marketing campaign developed by Enterprise

24  Florida, Inc., under s. 288.911. In addition, Workforce

25  Florida, Inc., shall solicit input from the not-for-profit

26  corporation created to advocate on behalf of the information

27  technology industry as an outgrowth of the Information Service

28  Technology Development Task Force created under chapter

29  99-354, Laws of Florida.

30         (6)  In fulfilling its responsibilities under this

31  section, Workforce Florida, Inc., may enlist the assistance of

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  1  and act through the Agency for Workforce Innovation. The

  2  agency is authorized and directed to provide the services that

  3  Workforce Florida, Inc., and the agency consider necessary to

  4  implement this section.

  5         Section 18.  Joint-use advanced digital-media research

  6  and production facilities.--

  7         (1)  The Legislature finds that developments in digital

  8  media are having, and will continue to have, a profound effect

  9  on the state, its residents, and its businesses in areas

10  including, but not limited to, information technology,

11  simulation technology, and film and entertainment production

12  and distribution. The digital-media industry represents a

13  strategic economic development opportunity for the state to

14  become a global leader in this emerging and dynamic field. The

15  ability of the state to succeed in developing the

16  digital-media sector, however, depends upon having a workforce

17  with skills necessary to meet the demands of the industry. The

18  Legislature further finds that the convergence of media and

19  the collaboration of businesses and multi-disciplinary

20  academic research programs will enable this state to compete

21  more successfully with other digital-media innovation centers

22  around the country and around the world. Therefore, it is the

23  intent of the Legislature to support the establishment and

24  maintenance of joint-use advanced digital-media research and

25  production facilities in the state to provide regional focal

26  points for collaboration between research and education

27  programs and digital-media industries.

28         (2)  Subject to legislative appropriation, the Office

29  of Tourism, Trade, and Economic Development may create and

30  administer a program to facilitate the establishment and

31  maintenance of joint-use advanced digital-media research and

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  1  production facilities at strategic locations around the state.

  2  The office shall administer all facets of this program in

  3  cooperation and consultation with the Office of the Film

  4  Commissioner; Enterprise Florida, Inc.; Workforce Florida,

  5  Inc.; the Digital Media Education Coordination Group of the

  6  State University System; and a not-for-profit corporation that

  7  represents information technology businesses throughout the

  8  state.

  9         (3)  The purposes of a joint-use advanced digital-media

10  research and production facility include:

11         (a)  Creating opportunities for industry, academia, and

12  government to benefit from student and researcher involvement

13  in applied research and development projects and other

14  projects related to digital media.

15         (b)  Promoting paths to future employment for students

16  participating in the activities of the facility.

17         (c)  Contributing to the development of a skilled

18  workforce to support the needs of the digital-media industry.

19         (d)  Facilitating the transfer of research results to

20  commercial and government applications.

21         (e)  Integrating the efforts and activities of the

22  diverse, high-technology industries in the state which are

23  critical to the economic future of the state.

24         (f)  Assisting producers, suppliers, and distributors

25  in making the transition from well-established passive media

26  infrastructure to a highly interactive and immersive media

27  infrastructure.

28         (g)  Performing other functions or activities designed

29  to contribute to the success of the state in becoming a leader

30  in the digital-media industry, as approved by the Office of

31  Tourism, Trade, and Economic Development.

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  1         (4)  In carrying out its responsibilities under this

  2  section, the Office of Tourism, Trade, and Economic

  3  Development:

  4         (a)  Shall develop a strategic plan for how joint-use

  5  advanced digital-media research and production facilities will

  6  be governed and for how those facilities will be funded in the

  7  long term. The office may contract for the preparation of the

  8  strategic plan required by this paragraph.

  9         (b)  May contract for the establishment of joint-use

10  advanced digital-media research and production facilities. In

11  identifying, approving, and executing contracts, the office

12  shall attempt to maximize the use and integration of existing

13  facilities and programs in the state which are suitable for

14  application as joint-use advanced digital-media facilities.

15  Funds awarded under the contracts may be used to lease or

16  refurbish existing facilities to create state-of-the-art

17  digital-media design, production, and research laboratories

18  that are shared by public and private educational institutions

19  and industry partners.

20         (c)  Shall ensure that funds appropriated for the

21  program authorized in this section are expended in a manner

22  consistent with the priority needs for developing the

23  digital-media industry in this state, as identified by the

24  organizations listed in subsection (2).

25         (d)  Shall require any entity or organization receiving

26  state funding under this section to match that funding with

27  nonstate sources.

28         (e)  Shall require any joint-use advanced digital-media

29  research and production facility receiving state funds to

30  submit for approval by the office a detailed plan for the

31  operation of the facility. The operating plan must, at a

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  1  minimum, include provisions for the establishment of a tenant

  2  association, with representation by each tenant using the

  3  facility, and for the collection of annual dues from tenants

  4  to support the operation and maintenance of the facility.

  5         (f)  Shall require any joint-use advanced digital-media

  6  research and production facility receiving state funding to

  7  submit an annual report to the office by a date established by

  8  the office. Upon receipt of the annual reports, the office

  9  shall provide copies to the Governor, the President of the

10  Senate, and the Speaker of the House of Representatives.

11         (g)  Shall establish guidelines and criteria governing

12  the application for and receipt of funds under this section.

13         (h)  May, as part of the annual report on the business

14  climate of the state required under section 14.2015, Florida

15  Statutes, recommend to the Legislature policies designed to

16  enhance the effectiveness of the program for joint-use

17  advanced digital-media research and production facilities or

18  policies designed to otherwise promote the development of the

19  digital-media industry in the state.

20         (5)  For the purposes of this section, the term

21  "digital media" is defined as a discipline based on the

22  creative convergence of art, science, and technology for human

23  expression, communication, and social interaction. The Office

24  of Tourism, Trade, and Economic Development, in cooperation

25  and consultation with the organizations identified in

26  subsection (2), shall identify specific types of businesses or

27  types of business activity to be included within the term

28  "digital media."

29         Section 19.  The Office of Tourism, Trade, and Economic

30  Development, the Office of the Film Commissioner, and the

31  Digital Media Education Coordination Group shall jointly

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  1  report to the President of the Senate and the Speaker of the

  2  House of Representatives by February 1, 2002, on recommended

  3  funding levels for the program to facilitate establishment and

  4  maintenance of joint-use advanced digital-media research and

  5  production facilities as authorized by this act. The report

  6  must include options based on different funding levels and

  7  information on the number and types of facilities that the

  8  organizations estimate could be established under each funding

  9  option. The report also must include an assessment of the

10  long-term costs associated with operating the facilities and

11  an assessment of nonstate funding sources that could be

12  accessed to support establishment and maintenance of the

13  facilities.

14         Section 20.  Subsections (1), (5), (8), and (11) of

15  section 553.415, Florida Statutes, are amended to read:

16         553.415  Factory-built school buildings.--

17         (1)  It is the purpose of this section to provide an

18  alternative procedure for the construction and installation of

19  factory-built school buildings designed or intended for use as

20  school buildings.  As used in this section, the term

21  "factory-built school building" means any building designed or

22  intended for use as a school building, which is in whole or in

23  part, manufactured at an offsite facility in compliance with

24  the State Uniform Code for Public Educational Facilities and

25  Department of Education rule, effective on January 5, 2000.

26  After April January 1, 2002, the Uniform Code for Public

27  Educational Facilities shall be incorporated into the Florida

28  Building Code, including specific requirements for Public

29  Educational Facilities and the Department of Education rule,

30  effective on January 5, 2000.  For the purpose of this

31  section, factory-built school buildings include prefabricated

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  1  educational facilities, factory-built educational facilities,

  2  and modular-built educational facilities, that are designed to

  3  be portable, relocatable, demountable, or reconstructible; are

  4  used primarily as classrooms or the components of an entire

  5  school; and do not fall under the provisions of ss.

  6  320.822-320.862.

  7         (5)  The department, in accordance with the standards

  8  and procedures adopted pursuant to this section and as such

  9  standards and procedures may thereafter be modified, shall

10  approve or reject such plans, specifications, and methods of

11  construction.  Approval shall not be given unless such plans,

12  specifications, and methods of construction are in compliance

13  with the State Uniform Building Code for Public Educational

14  Facilities and department rule. After April January 1, 2002,

15  the Uniform Code for Public Educational Facilities shall be

16  incorporated into the Florida Building Code, including

17  specific requirements for public educational facilities and

18  department rule.

19         (8)  Any amendment to the State Uniform Code for Public

20  Educational Facilities, and after April January 1, 2002, the

21  Florida Building Code, shall become effective 180 days after

22  the amendment is filed with the Secretary of State.

23  Notwithstanding the 180-day delayed effective date, the

24  manufacturer shall submit and obtain a revised approved plan

25  within the 180 days.  A revised plan submitted pursuant to

26  this subsection shall be processed as a renewal or revision

27  with appropriate fees. A plan submitted after the period of

28  time provided shall be processed as a new application with

29  appropriate fees.

30         (11)  The department shall develop a unique

31  identification label to be affixed to all newly constructed

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  1  factory-built school buildings and existing factory-built

  2  school buildings which have been brought into compliance with

  3  the standards for existing "satisfactory" buildings pursuant

  4  to chapter 5 of the Uniform Code for Public Educational

  5  Facilities, and after April January 1, 2002, the Florida

  6  Building Code.  The department may charge a fee for issuing

  7  such labels.  Such labels, bearing the department's name and

  8  state seal, shall at a minimum, contain:

  9         (a)  The name of the manufacturer.

10         (b)  The standard plan approval number or alteration

11  number.

12         (c)  The date of manufacture or alteration.

13         (d)  The serial or other identification number.

14         (e)  The following designed-for loads: lbs. per square

15  foot live load; lbs. per square foot floor live load; lbs. per

16  square foot horizontal wind load; and lbs. per square foot

17  wind uplift load.

18         (f)  The designed-for flood zone usage.

19         (g)  The designed-for wind zone usage.

20         (h)  The designed-for enhanced hurricane protection

21  zone usage: yes or no.

22         Section 21.  Notwithstanding any other provision in

23  chapter 2001-186, Laws of Florida, the effective date of the

24  following sections of chapter 2001-186, Laws of Florida, is

25  changed to April 1, 2002: sections 25, 26, and 27.

26         Section 22.  Notwithstanding any other provision in

27  chapter 2001-186, Laws of Florida, the effective date of the

28  following sections of chapter 2000-141, Laws of Florida, as

29  amended by chapter 2001-186, Laws of Florida, is changed to

30  April 1, 2002: sections 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 13,

31  14, 15, 17, 18, 19, 20, 21, 22, 23, 24, 25, 27, 28, 29, 30,

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  1  32, 36, 39, 44, 47, 48, 49, 52, 54, 56, 58, 59, 60, 62, 70,

  2  71, 72, 75, 79, 81, 84, 86, 87, 88, 91, 92, 93, 94, and 99.

  3         Section 23.  Notwithstanding any other provision in

  4  chapter 2001-186, Laws of Florida, the effective date of the

  5  following sections of chapter 98-287, Laws of Florida, as

  6  amended by chapter 2000-141, Laws of Florida, as amended by

  7  chapter 2001-186, Laws of Florida, is changed to April 1,

  8  2002: sections 1, 2, 4,5, 7, 9, 13, 14, 15, 16, 17, 18, 21,

  9  24, 29, 31, 32, 34, 36, 38, 40, 44, 46, 47, 49, 51, and 56.

10         Section 24.  Notwithstanding any other provision in

11  chapter 2001-186, Laws of Florida, the effective date of

12  section 61 of chapter 98-419, Laws of Florida, as amended by

13  chapter 2000-141, Laws of Florida, as amended by chapter

14  2001-186, Laws of Florida, is changed to April 1, 2002.

15         Section 25.  Section 135 of chapter 2000-141, Laws of

16  Florida, as amended by section 37 of chapter 2001-186, Laws of

17  Florida, is amended to read:

18         Section 135.  Effective April January 1, 2002

19  subsection (2) of section 255.21, Florida Statutes, paragraphs

20  (d) and (e) of subsection (1) of section 395.1055, Florida

21  Statutes, and subsection (11) of section 553.79, Florida

22  Statutes, are repealed.

23         Section 26.  Subsection (2) of section 62 of chapter

24  98-287, Laws of Florida, as amended by section 107 of chapter

25  2000-141, Laws of Florida, as amended by section 38 of chapter

26  2001-186, Laws of Florida, is amended to read:

27         Section 62.

28         (2)  Effective April January 1, 2002, all existing

29  local technical amendments to any building code adopted by any

30  local government, except for local ordinances setting forth

31  administrative requirements which are not in conflict with the

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  1  Florida Building Code, are repealed. Each local government may

  2  readopt such amendments pursuant to s. 553.73, Florida

  3  Statutes, provided such amendments comply with applicable

  4  provisions of the Florida Building Code.

  5         Section 27.  Section 68 of chapter 98-287, Laws of

  6  Florida, as amended by section 108 of chapter 2000-141, Laws

  7  of Florida, as amended by section 39 of chapter 2001-186, Laws

  8  of Florida, is amended to read:

  9         Section 68.  Effective April January 1, 2002, parts I,

10  II, and III of chapter 553, Florida Statutes, consisting of

11  sections 553.01, 553.02, 553.03, 553.04, 553.041, 553.05,

12  553.06, 553.07, 553.08, 553.10, 553.11, 553.14, 553.15,

13  553.16, 553.17, 553.18, 553.20, 553.21, 553.22, 553.23,

14  553.24, 553.25, 553.26. 553.27, and 553.28, Florida Statutes,

15  are repealed, section 553.141, Florida Statutes, is

16  transferred and renumbered as section 553.86, Florida

17  Statutes.

18         Section 28.  Subsection (1) of section 627.0629,

19  Florida Statutes, as amended by section 99 of chapter

20  2000-141, Laws of Florida, as amended by section 42 of chapter

21  2001-186, Laws of Florida, is amended to read:

22         627.0629  Residential property insurance; rate

23  filings.--

24         (1)  A rate filing for residential property insurance

25  must include actuarially reasonable discounts, credits, or

26  other rate differentials, or appropriate reductions in

27  deductibles, for properties on which fixtures or construction

28  techniques demonstrated to reduce the amount of loss in a

29  windstorm have been installed or implemented. The fixtures or

30  construction techniques shall include, but not be limited to,

31  fixtures or construction techniques which enhance roof

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  1  strength, roof covering performance, roof-to-wall strength,

  2  wall-to-floor-to-foundation strength, opening protection, and

  3  window, door, and skylight strength.  Credits, discounts, or

  4  other rate differentials for fixtures and construction

  5  techniques which meet the minimum requirements of the Florida

  6  Building Code must be included in the rate filing. All

  7  insurance companies must make a rate filing which includes the

  8  credits, discounts, or other rate differentials by March 31,

  9  2003 December 31, 2002.

10         Section 29.  Rule 9B-3.047, Florida Administrative

11  Code, as it existed before November 28, 2000 is adopted and

12  will remain in force until the effective date of the Florida

13  Building Code as established in this act.

14         Section 30.  Notwithstanding the effective date of

15  section 25 of chapter 2001-186, Laws of Florida, any building

16  permit for which an application is submitted before the

17  effective date of the Florida Building Code is governed by the

18  state minimum building code in effect in the permitting

19  jurisdiction on the date of the application for the permitted

20  work for the life of the permit and any extension of time

21  granted thereto.

22         Section 31.  Local jurisdictions bisected or otherwise

23  divided by a line separating wind speed zones, as determined

24  by the American Society of Civil Engineers, Standard 7, 1998

25  edition as implemented by the International Building Code,

26  2000 edition, and as modified by the Florida Building

27  Commission in the Florida Building Code that becomes effective

28  pursuant to this act, must by January 1, 2002, enact an

29  ordinance specifying the exact location of wind speed lines,

30  using recognized physical landmarks such as major roads,

31  canals, rivers, and lake shores, wherever possible.

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  1         Section 32.  The Florida Tourism Marketing Corporation

  2  and its contractors must make every effort to give priority to

  3  Florida-based and minority-owned vendors, subcontractors, and

  4  production companies when expending public funds for their

  5  tourism-promotion activities.

  6         Section 33.  Except as otherwise provided in this act,

  7  this act shall take effect upon becoming a law.

  8

  9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27

28

29

30

31

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  1          STATEMENT OF SUBSTANTIAL CHANGES CONTAINED IN
                       COMMITTEE SUBSTITUTE FOR
  2                             SB 30-B

  3

  4  The committee substitute replaces the original bill and
    includes the following provisions:
  5

  6  1)   Capital Investment Tax Credit: Temporarily broadens the
         eligibility criteria and award structure of the Capital
  7       Investment Tax Credit Program. Under the expanded
         criteria, qualifying economic stimulus businesses are
  8       eligible if they apply by April 1, 2002, for projects
         that begin construction by December 31, 2002.
  9

10  2)   Economic Development Trust Fund: Amends the budgeting
         process for the Qualified Defense Contractors (QDC) and
11       Qualified Target Industry (QTI) tax refund programs.

12
    3)   Tax refund for Qualified Defense Contractors (QDC) and
13       Aviation-Industry Businesses: Creates a tax refund
         program for qualified aviation-industry businesses
14       similar to the current QDC program, expands the existing
         program's refund-prorating provisions for participating
15       firms, and temporarily allows firms that fail to meet
         agreed targets to request an exemption from losing tax
16       refunds or certifications to remain in the program.

17
    4)   Tax Refund Program for Qualified Target Industry (QTI)
18       Businesses: Expands the QTI program's refund-prorating
         provisions for participating firms, temporarily allows
19       firms that fail to meet agreed targets to request an
         exemption from losing tax refunds or certifications to
20       remain in the program, and improves the efficiency of the
         budgeting process for the QTI program.
21

22  5)   Extended Homeownership Assistance Program: Expands
         eligibility of no-interest loans for home mortgage down
23       payments and closing costs to include families earing at
         least 150 percent of the state or county median income
24       and limits loan amounts to 10 percent of the home's
         value.
25

26  6)   Small Business Crisis Management Team: Directs Enterprise
         Florida, Inc., to create a Small Business Crisis
27       Management Team that can be activated quickly, for
         temporary periods of time, to assist small businesses in
28       the state during periods of economic crisis or sustained
         economic weakness.
29

30  7)   Florida Airport Authority Act: Requires each county with
         a population of more than 2.1 million people to conduct a
31       countywide referendum, giving voters the opportunity to
         approve the creation of an airport authority. If such
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  1       creation is approved by voters, the committee substitute
         provides for the establishment and operation of the
  2       airport authority.

  3
    8)   Emerging and Strategic Technologies: Provides policies to
  4       promote a business climate in the state conducive to the
         growth of high-technology businesses by encouraging
  5       increased access to capital and skilled workers, by
         including economic development within the mission of the
  6       postsecondary education system, and by specifically
         including the information-technology industry within the
  7       scope of certain existing economic development incentive
         programs.
  8

  9  9)   Florida Building Code: Delays the effective date of the
         new Florida Building Code by 3 months, from January 1,
10       2002, to April 1, 2002, and makes related changes to the
         code.
11

12  10)  Tourism Promotion: Requires the Florida Tourism Industry
         Marketing Corporation to make every effort to give
13       priority to Florida-based and minority-owned vendors when
         expending public funds for tourism promotion.
14

15

16

17

18

19

20

21

22

23

24

25

26

27

28

29

30

31

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