House Bill hb1281e1
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CS/HB 1281, First Engrossed
1 A bill to be entitled
2 An act relating to brownfield redevelopment;
3 amending s. 288.106, F.S.; redefining the term
4 "local financial support exemption option" with
5 respect to the tax refund program; amending s.
6 288.107, F.S.; revising the criteria for
7 participation in the bonus refund program;
8 revising the formula for calculating the
9 refund; amending s. 376.80, F.S.; providing for
10 the use of certain unencumbered, undisbursed
11 funds from the Quick-Response Training Program
12 and brownfield redevelopment bonus refunds;
13 providing for grants to designated areas;
14 providing an effective date.
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16 Be It Enacted by the Legislature of the State of Florida:
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18 Section 1. Paragraph (k) of subsection (1) of section
19 288.106, Florida Statutes, is amended to read:
20 288.106 Tax refund program for qualified target
21 industry businesses.--
22 (1) DEFINITIONS.--As used in this section:
23 (k) "Local financial support exemption option" means
24 the option to exercise an exemption from the local financial
25 support requirement available to any applicant whose project
26 is located in a brownfield area or a county with a population
27 of 75,000 or fewer or a county with a population of 100,000 or
28 fewer which is contiguous to a county with a population of
29 75,000 or fewer. Any applicant that exercises this option
30 shall not be eligible for more than 80 percent of the total
31 tax refunds allowed such applicant under this section.
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CS/HB 1281, First Engrossed
1 Section 2. Paragraph (e) of subsection (1), subsection
2 (2), and paragraph (b) of subsection (3) of section 288.107,
3 Florida Statutes, are amended to read:
4 288.107 Brownfield redevelopment bonus refunds.--
5 (1) DEFINITIONS.--As used in this section:
6 (e) "Eligible business" means:
7 1. A qualified target industry business as defined in
8 s. 288.106(1)(o); or
9 2. A other business that can demonstrate a fixed
10 capital investment of at least $2 million in mixed-use
11 business activities, including multiunit housing, commercial,
12 retail, and industrial in brownfield areas and which provides
13 benefits to its employees pays wages that are at least 80
14 percent of the average of all private sector wages in the
15 county in which the business is located.
16 (2) BROWNFIELD REDEVELOPMENT BONUS REFUND.--Bonus
17 refunds shall be approved by the office as specified in the
18 final order issued by the director and allowed from the
19 account as follows:
20 (a) A bonus refund of $2,500 shall be allowed to any
21 qualified target industry business as defined by s. 288.106
22 for each new Florida job created in a brownfield area which is
23 claimed on the qualified target industry business's annual
24 refund claim authorized in s. 288.106(5).
25 (b) A bonus refund of up to $2,500 shall be allowed to
26 any other eligible business as defined in subparagraph
27 (1)(e)2. for each new Florida job created in a brownfield
28 which is claimed under an annual claim procedure similar to
29 the annual refund claim authorized in s. 288.106(5). The
30 amount of the refund shall be equal to 20 percent of the
31 average annual wage for the jobs created. There shall be
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CS/HB 1281, First Engrossed
1 allowed from the account a bonus refund of $2,500 to any
2 qualified target industry business or other eligible business
3 as defined in paragraph (1)(e) for each new Florida job
4 created in a brownfield which is claimed on the qualified
5 target industry business's annual refund claim authorized in
6 s. 288.106(5) or other similar annual claim procedure for
7 other eligible business as defined in paragraph (1)(e) and
8 approved by the office as specified in the final order issued
9 by the director.
10 (3) CRITERIA.--The minimum criteria for participation
11 in the brownfield redevelopment bonus refund are:
12 (b) The completion of a fixed capital investment of at
13 least $2 million in mixed-use business activities, including
14 multiunit housing, commercial, retail, and industrial in
15 brownfield areas, by an eligible business applying for a
16 refund under paragraph (2)(b) and which provides benefits to
17 its employees pay wages that are at least 80 percent of the
18 average of all private sector wages in the county in which the
19 business is located.
20 Section 3. Subsection (13) is added to section 376.80,
21 Florida Statutes, to read:
22 376.80 Brownfield program administration process.--
23 (13) Annually, any unencumbered funds remaining
24 undisbursed on or at the close of the fiscal year on June 30,
25 from the Quick-Response Training Program and from brownfield
26 redevelopment bonus refunds shall be used for grants to fund
27 expenses relating to the assessment and remediation of
28 brownfield sites within areas designated pursuant to this
29 section, for those jurisdictions that have United States
30 Environmental Protection Agency brownfield pilot projects
31 designated prior to July 1, 1997. Grants shall be distributed
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CS/HB 1281, First Engrossed
1 to eligible pilot projects under this section on a pro rata
2 basis in an amount not to exceed $500,000 per pilot project,
3 provided there is a total of at least $100,000 to disburse.
4 Section 4. This act shall take effect upon becoming a
5 law.
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