House Bill hb1451c1

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    Florida House of Representatives - 2002             CS/HB 1451

        By the Fiscal Responsibility Council and Representatives
    Davis, Haridopolos, Allen, Needelman and Kosmas





  1                      A bill to be entitled

  2         An act relating to the qualified defense

  3         contractor tax refund program; amending s.

  4         288.1045, F.S.; revising a definition; revising

  5         a qualification criterion; providing an

  6         effective date.

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

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10         Section 1.  Paragraph (e) of subsection (1) and

11  paragraph (e) of subsection (3) of section 288.1045, Florida

12  Statutes, are amended to read:

13         288.1045  Qualified defense contractor tax refund

14  program.--

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

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

17  competitively bid Department of Defense contract or

18  subcontract or a competitively bid federal agency contract or

19  subcontract issued on behalf of the Department of Defense for

20  manufacturing, assembling, fabricating, research, development,

21  or design with a duration of 2 or more years, but excluding

22  any contract to provide goods, improvements to real or

23  tangible property, or services directly to or for any

24  particular military base or installation in this state. The

25  term includes contracts or subcontracts for products or

26  services for military use which contracts or subcontracts are

27  approved by the United States Department of Defense, the

28  United States Department of State, or the United States Coast

29  Guard.

30         (3)  APPLICATION PROCESS; REQUIREMENTS; AGENCY

31  DETERMINATION.--

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    Florida House of Representatives - 2002             CS/HB 1451

    187-975-02






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

  2  application of an applicant must, at a minimum, establish the

  3  following to the satisfaction of the office:

  4         1.  The jobs proposed to be provided under the

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

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

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

  8  project is to be located.

  9         2.  The consolidation of a Department of Defense

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

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

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

13  facilities in this state.

14         3.  The conversion of defense production jobs to

15  nondefense production jobs must result in net increases in

16  nondefense employment at the applicant's facilities in this

17  state.

18         4.  The Department of Defense contract cannot allow the

19  business to include the costs of relocation or retooling in

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

21  contract.

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

23  not less than 60 70 percent of its gross receipts in this

24  state from Department of Defense contracts over the

25  applicant's last fiscal year, and must have derived not less

26  than an average of 60 80 percent of its gross receipts in this

27  state from Department of Defense contracts over the 5 years

28  preceding the date an application is submitted pursuant to

29  this section. This subparagraph does not apply to any

30  application for certification based on a contract for reuse of

31  a defense-related facility.

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    Florida House of Representatives - 2002             CS/HB 1451

    187-975-02






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

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

  3         Section 2.  This act shall take effect upon becoming a

  4  law.

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