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A bill to be entitled |
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An act relating to the tax refund program for qualified |
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target industry businesses; amending s. 288.106, F.S.; |
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prohibiting certification of applicants after a certain |
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date; providing for continued effect of certain tax refund |
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agreements; deleting an expiration date; providing an |
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effective date. |
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Be It Enacted by the Legislature of the State of Florida: |
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Section 1. Subsection (7) of section 288.106, Florida |
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Statutes, is amended to read: |
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288.106 Tax refund program for qualified target industry |
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businesses.-- |
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(7) CERTIFICATION EXPIRATION; CONTINUED EFFECT.--An |
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applicant may not be certified as qualified under this section |
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after June 30, 2009. However, a tax refund agreement existing on |
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that date shall continue in effect in accordance with its terms. |
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This section expires June 30, 2004. |
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Section 2. This act shall take effect upon becoming a law. |