HB 0617CS

CHAMBER ACTION




1The Committee on Commerce recommends the following:
2
3     Committee Substitute
4     Remove the entire bill and insert:
5
A bill to be entitled
6An act relating to economic stimulus; amending s. 212.08,
7F.S.; revising sales price criteria for characterizing
8business property; conforming provisions to the designated
9urban job tax credit revision; amending s. 212.097, F.S.;
10revising provisions providing for an urban job tax credit
11program to apply to designated urban job tax credit areas
12rather than high crime areas; revising and providing
13definitions, eligibility criteria, application procedures
14and requirements, and area characteristics and criteria;
15authorizing transfer of unused credits under the Rural Job
16Tax Credit Program; specifying use of transferred credits;
17prohibiting transfer of transferred credits; amending s.
18212.098, F.S.; authorizing transfer of unused credits
19under the Rural Job Tax Credit Program; specifying use of
20transferred credits; prohibiting transfer of transferred
21credits; amending s. 220.1895, F.S.; conforming provisions
22to amendments to urban job tax credit areas program
23provisions; removing a historical reference; amending s.
24288.095, F.S.; deleting a report requirement relating to
25the Economic Development Incentives Account; amending s.
26288.1045, F.S.; extending an expiration date for the tax
27refund program for qualified defense contractors;
28preserving the effect of certain tax refund agreements
29after the expiration date; amending s. 288.106, F.S.;
30extending an expiration date for the tax refund program
31for qualified target industry businesses; preserving the
32effect of certain tax refund agreements after the
33expiration date; amending s. 288.901, F.S.; revising
34operational criteria of members of the board of directors
35of Enterprise Florida, Inc.; amending s. 288.90151, F.S.;
36revising requirements, criteria, and limitations for
37returns on investment from activities of Enterprise
38Florida, Inc.; amending s. 288.903, F.S.; deleting an
39employment compensation limitation for employees of
40Enterprise Florida, Inc.; amending s. 288.904, F.S.;
41revising limitations on contractual powers of the board of
42directors of Enterprise Florida, Inc.; amending s.
43288.905, F.S.; revising a pay raise or bonus limitation
44for certain employees; amending s. 288.9515, F.S.;
45revising and clarifying powers of Enterprise Florida,
46Inc., to develop authorized technology development
47programs; specifying uses of moneys in the Florida
48Technology Research Investment Fund; providing for payment
49of certain claims from the fund; revising limitations on
50revenues from certain investments used for operating
51expenses associated with the Florida Technology Research
52Investment Fund and the Florida Small Business Technology
53Growth Program; requiring Enterprise Florida, Inc., to
54coordinate with certain organizations to develop a
55statewide entrepreneurial growth stimulation strategy;
56providing criteria; amending s. 288.99, F.S.; conforming
57provisions to the designated urban job tax credit
58revision; repealing s. 288.041(3) and (4), F.S., relating
59to Enterprise Florida, Inc., and the Department of
60Commerce assisting in expanding the solar energy industry
61in this state; repealing s. 288.8155, F.S., relating to
62the International Trade Data Resource and Research Center;
63repealing s. 288.9015(3), F.S., relating to Enterprise
64Florida, Inc., responsibility to develop a comprehensive
65approach to workforce development; repealing s. 288.9517,
66F.S., relating to audits of the technology development
67board and programs or entities created by the board;
68repealing s. 14, ch. 93-187, Laws of Florida, relating to
69the December 31, 2003, repeal of Enterprise Florida
70Innovation Partnership provisions; providing effective
71dates.
72
73Be It Enacted by the Legislature of the State of Florida:
74
75     Section 1.  Paragraphs (h) and (o) of subsection (5) of
76section 212.08, Florida Statutes, are amended to read:
77     212.08  Sales, rental, use, consumption, distribution, and
78storage tax; specified exemptions.--The sale at retail, the
79rental, the use, the consumption, the distribution, and the
80storage to be used or consumed in this state of the following
81are hereby specifically exempt from the tax imposed by this
82chapter.
83     (5)  EXEMPTIONS; ACCOUNT OF USE.--
84     (h)  Business property used in an enterprise zone.--
85     1.  Business property purchased for use by businesses
86located in an enterprise zone which is subsequently used in an
87enterprise zone shall be exempt from the tax imposed by this
88chapter. This exemption inures to the business only through a
89refund of previously paid taxes. A refund shall be authorized
90upon an affirmative showing by the taxpayer to the satisfaction
91of the department that the requirements of this paragraph have
92been met.
93     2.  To receive a refund, the business must file under oath
94with the governing body or enterprise zone development agency
95having jurisdiction over the enterprise zone where the business
96is located, as applicable, an application which includes:
97     a.  The name and address of the business claiming the
98refund.
99     b.  The identifying number assigned pursuant to s. 290.0065
100to the enterprise zone in which the business is located.
101     c.  A specific description of the property for which a
102refund is sought, including its serial number or other permanent
103identification number.
104     d.  The location of the property.
105     e.  The sales invoice or other proof of purchase of the
106property, showing the amount of sales tax paid, the date of
107purchase, and the name and address of the sales tax dealer from
108whom the property was purchased.
109     f.  Whether the business is a small business as defined by
110s. 288.703(1).
111     g.  If applicable, the name and address of each permanent
112employee of the business, including, for each employee who is a
113resident of an enterprise zone, the identifying number assigned
114pursuant to s. 290.0065 to the enterprise zone in which the
115employee resides.
116     3.  Within 10 working days after receipt of an application,
117the governing body or enterprise zone development agency shall
118review the application to determine if it contains all the
119information required pursuant to subparagraph 2. and meets the
120criteria set out in this paragraph. The governing body or agency
121shall certify all applications that contain the information
122required pursuant to subparagraph 2. and meet the criteria set
123out in this paragraph as eligible to receive a refund. If
124applicable, the governing body or agency shall also certify if
12520 percent of the employees of the business are residents of an
126enterprise zone, excluding temporary and part-time employees.
127The certification shall be in writing, and a copy of the
128certification shall be transmitted to the executive director of
129the Department of Revenue. The business shall be responsible for
130forwarding a certified application to the department within the
131time specified in subparagraph 4.
132     4.  An application for a refund pursuant to this paragraph
133must be submitted to the department within 6 months after the
134tax is due on the business property that is purchased.
135     5.  The provisions of s. 212.095 do not apply to any refund
136application made pursuant to this paragraph. The amount refunded
137on purchases of business property under this paragraph shall be
138the lesser of 97 percent of the sales tax paid on such business
139property or $5,000, or, if no less than 20 percent of the
140employees of the business are residents of an enterprise zone,
141excluding temporary and part-time employees, the amount refunded
142on purchases of business property under this paragraph shall be
143the lesser of 97 percent of the sales tax paid on such business
144property or $10,000. A refund approved pursuant to this
145paragraph shall be made within 30 days of formal approval by the
146department of the application for the refund. No refund shall be
147granted under this paragraph unless the amount to be refunded
148exceeds $100 in sales tax paid on purchases made within a 60-day
149time period.
150     6.  The department shall adopt rules governing the manner
151and form of refund applications and may establish guidelines as
152to the requisites for an affirmative showing of qualification
153for exemption under this paragraph.
154     7.  If the department determines that the business property
155is used outside an enterprise zone within 3 years from the date
156of purchase, the amount of taxes refunded to the business
157purchasing such business property shall immediately be due and
158payable to the department by the business, together with the
159appropriate interest and penalty, computed from the date of
160purchase, in the manner provided by this chapter.
161Notwithstanding this subparagraph, business property used
162exclusively in:
163     a.  Licensed commercial fishing vessels,
164     b.  Fishing guide boats, or
165     c.  Ecotourism guide boats
166
167that leave and return to a fixed location within an area
168designated under s. 370.28 are eligible for the exemption
169provided under this paragraph if all requirements of this
170paragraph are met. Such vessels and boats must be owned by a
171business that is eligible to receive the exemption provided
172under this paragraph. This exemption does not apply to the
173purchase of a vessel or boat.
174     8.  The department shall deduct an amount equal to 10
175percent of each refund granted under the provisions of this
176paragraph from the amount transferred into the Local Government
177Half-cent Sales Tax Clearing Trust Fund pursuant to s. 212.20
178for the county area in which the business property is located
179and shall transfer that amount to the General Revenue Fund.
180     9.  For the purposes of this exemption, "business property"
181means new or used property defined as "recovery property" in s.
182168(c) of the Internal Revenue Code of 1954, as amended, except:
183     a.  Property classified as 3-year property under s.
184168(c)(2)(A) of the Internal Revenue Code of 1954, as amended.;
185     b.  Industrial machinery and equipment as defined in sub-
186subparagraph (b)6.a. and eligible for exemption under paragraph
187(b).;
188     c.  Building materials as defined in sub-subparagraph
189(g)8.a.; and
190     d.  Business property having a sales price of under $500
191$5,000 per unit.
192     10.  The provisions of this paragraph shall expire and be
193void on December 31, 2005.
194     (o)  Building materials in redevelopment projects.--
195     1.  As used in this paragraph, the term:
196     a.  "Building materials" means tangible personal property
197that becomes a component part of a housing project or a mixed-
198use project.
199     b.  "Housing project" means the conversion of an existing
200manufacturing or industrial building to housing units in a
201designated an urban job tax credit high-crime area, enterprise
202zone, empowerment zone, Front Porch Community, designated
203brownfield area, or urban infill area and in which the developer
204agrees to set aside at least 20 percent of the housing units in
205the project for low-income and moderate-income persons or the
206construction in a designated brownfield area of affordable
207housing for persons described in s. 420.0004(9), (10), or (14),
208or in s. 159.603(7).
209     c.  "Mixed-use project" means the conversion of an existing
210manufacturing or industrial building to mixed-use units that
211include artists' studios, art and entertainment services, or
212other compatible uses. A mixed-use project must be located in
213designated an urban job tax credit high-crime area, enterprise
214zone, empowerment zone, Front Porch Community, designated
215brownfield area, or urban infill area, and the developer must
216agree to set aside at least 20 percent of the square footage of
217the project for low-income and moderate-income housing.
218     d.  "Substantially completed" has the same meaning as
219provided in s. 192.042(1).
220     2.  Building materials used in the construction of a
221housing project or mixed-use project are exempt from the tax
222imposed by this chapter upon an affirmative showing to the
223satisfaction of the department that the requirements of this
224paragraph have been met. This exemption inures to the owner
225through a refund of previously paid taxes. To receive this
226refund, the owner must file an application under oath with the
227department which includes:
228     a.  The name and address of the owner.
229     b.  The address and assessment roll parcel number of the
230project for which a refund is sought.
231     c.  A copy of the building permit issued for the project.
232     d.  A certification by the local building code inspector
233that the project is substantially completed.
234     e.  A sworn statement, under penalty of perjury, from the
235general contractor licensed in this state with whom the owner
236contracted to construct the project, which statement lists the
237building materials used in the construction of the project and
238the actual cost thereof, and the amount of sales tax paid on
239these materials. If a general contractor was not used, the owner
240shall provide this information in a sworn statement, under
241penalty of perjury. Copies of invoices evidencing payment of
242sales tax must be attached to the sworn statement.
243     3.  An application for a refund under this paragraph must
244be submitted to the department within 6 months after the date
245the project is deemed to be substantially completed by the local
246building code inspector. Within 30 working days after receipt of
247the application, the department shall determine if it meets the
248requirements of this paragraph. A refund approved pursuant to
249this paragraph shall be made within 30 days after formal
250approval of the application by the department. The provisions of
251s. 212.095 do not apply to any refund application made under
252this paragraph.
253     4.  The department shall establish by rule an application
254form and criteria for establishing eligibility for exemption
255under this paragraph.
256     5.  The exemption shall apply to purchases of materials on
257or after July 1, 2000.
258     Section 2.  Section 212.097, Florida Statutes, is amended
259to read:
260     212.097  Designated Urban High-Crime Area Job Tax Credit
261Area Program.--
262     (1)  As used in this section, the term:
263     (a)  "Eligible business" means any sole proprietorship,
264firm, partnership, or corporation that is located in a
265designated urban job tax credit area qualified county and is
266predominantly engaged in, or is headquarters for a business
267predominantly engaged in, activities usually provided for
268consideration by firms classified within the following standard
269industrial classifications: SIC 01-SIC 09 (agriculture,
270forestry, and fishing); SIC 20-SIC 39 (manufacturing); SIC 52-
271SIC 57 and SIC 59 (retail); SIC 422 (public warehousing and
272storage); SIC 70 (hotels and other lodging places); SIC 7391
273(research and development); SIC 781 (motion picture production
274and allied services); SIC 7992 (public golf courses); and SIC
2757996 (amusement parks); and a targeted industry eligible for the
276qualified target industry business tax refund under s. 288.106.
277A call center or similar customer service operation that
278services a multistate market or international market is also an
279eligible business. In addition, the Office of Tourism, Trade,
280and Economic Development may, as part of its final budget
281request submitted pursuant to s. 216.023, recommend additions to
282or deletions from the list of standard industrial
283classifications used to determine an eligible business, and the
284Legislature may implement such recommendations. Excluded from
285eligible receipts are receipts from retail sales, except such
286receipts for SIC 52-SIC 57 and SIC 59 (retail) hotels and other
287lodging places classified in SIC 70, public golf courses in SIC
2887992, and amusement parks in SIC 7996. For purposes of this
289paragraph, the term "predominantly" means that more than 50
290percent of the business's gross receipts from all sources is
291generated by those activities usually provided for consideration
292by firms in the specified standard industrial classification.
293The determination of whether the business is located in a
294designated urban job tax credit qualified high-crime area and
295the tier ranking of that area must be based on the date of
296application for the credit under this section. Commonly owned
297and controlled entities are to be considered a single business
298entity.
299     (b)  "Qualified employee" means any employee of an eligible
300business who performs duties in connection with the operations
301of the business on a regular, full-time basis for an average of
302at least 36 hours per week for at least 3 months within the
303designated urban job tax credit qualified high-crime area in
304which the eligible business is located. An owner or partner of
305the eligible business is not a qualified employee. The term also
306includes an employee leased from an employee leasing company
307licensed under chapter 468, if such employee has been
308continuously leased to the employer for an average of at least
30936 hours per week for more than 6 months.
310     (c)  "New business" means any eligible business first
311beginning operation on a site in a designated urban job tax
312credit qualified high-crime area and clearly separate from any
313other commercial or business operation of the business entity
314within a designated urban job tax credit qualified high-crime
315area. A business entity that operated an eligible business
316within a designated urban job tax credit qualified high-crime
317area within the 48 months before the period provided for
318application by subsection (2) is not considered a new business.
319     (d)  "Existing business" means any eligible business that
320does not meet the criteria for a new business.
321     (e)  "Designated urban job tax credit Qualified high-crime
322area" means an area selected by the Office of Tourism, Trade,
323and Economic Development in the following manner: every third
324year, the office shall rank and tier those areas nominated under
325subsection (7), according to the highest level of distress
326experienced in the categories enumerated under subsection (7).
327The Office of Tourism, Trade, and Economic Development shall
328designate the 30 highest-distress-profile urban areas as
329eligible participants under the urban job tax credit program.
330following prioritized criteria:
331     1.  Highest arrest rates within the geographic area for
332violent crime and for such other crimes as drug sale, drug
333possession, prostitution, vandalism, and civil disturbances;
334     2.  Highest reported crime volume and rate of specific
335property crimes such as business and residential burglary, motor
336vehicle theft, and vandalism;
337     3.  Highest percentage of reported index crimes that are
338violent in nature;
339     4.  Highest overall index crime volume for the area; and
340     5.  Highest overall index crime rate for the geographic
341area.
342
343Tier-one areas are ranked 1 through 5 and represent the highest
344crime areas according to this ranking. Tier-two areas are ranked
3456 through 10 according to this ranking. Tier-three areas are
346ranked 11 through 15. Notwithstanding this definition,
347"designated urban job tax credit qualified high-crime area" also
348means an area that has been designated as a federal Empowerment
349Zone pursuant to the Taxpayer Relief Act of 1997 or the
350Community Tax Relief Act of 2000. Such a designated area is
351ranked in tier three until the areas are reevaluated by the
352Office of Tourism, Trade, and Economic Development.
353     (f)  "Central business district" means an area comprised of
354at least 80 percent commercial and government buildings and
355properties; characterized by a high concentration of retail
356businesses, service businesses, offices, theaters, and hotels;
357and located in a Department of Transportation urban service
358area.
359      (g)  "Urban" means a densely populated nonrural area
360located within an urban county which consists of a cluster of
361one or more census blocks, each of which has a population
362density of at least 400 people per square mile, or an area
363defined by the most recent United States Census as urban.
364     (2)  A new eligible business may apply for a tax credit
365under this subsection once at any time during its first year of
366operation. A new eligible business in a designated urban job tax
367credit tier-one qualified high-crime area which has at least 10
368qualified employees on the date of application shall receive a
369$1,500 tax credit for each such employee. A new eligible
370business in a tier-two qualified high-crime area which has at
371least 20 qualified employees on the date of application shall
372receive a $1,000 tax credit for each such employee. A new
373eligible business in a tier-three qualified high-crime area
374which has at least 30 qualified employees on the date of
375application shall receive a $500 tax credit for each such
376employee.
377     (3)  An existing eligible business may apply for a tax
378credit under this subsection at any time it is entitled to such
379credit, except as restricted by this subsection. An existing
380eligible business in a designated urban job tax credit tier-one
381qualified high-crime area which on the date of application has
382at least 5 more qualified employees than it had 1 year prior to
383its date of application shall receive a $1,500 tax credit for
384each such additional employee. An existing eligible business in
385a tier-two qualified high-crime area which on the date of
386application has at least 10 more qualified employees than it had
3871 year prior to its date of application shall receive a $1,000
388credit for each such additional employee. An existing business
389in a tier-three qualified high-crime area which on the date of
390application has at least 15 more qualified employees than it had
3911 year prior to its date of application shall receive a $500 tax
392credit for each such additional employee. An existing eligible
393business may apply for the credit under this subsection no more
394than once in any 12-month period. Any existing eligible business
395that received a credit under subsection (2) may not apply for
396the credit under this subsection sooner than 12 months after the
397application date for the credit under subsection (2).
398     (4)  For any new eligible business receiving a credit
399pursuant to subsection (2), an additional $500 credit shall be
400provided for any qualified employee who is a welfare transition
401program participant. For any existing eligible business
402receiving a credit pursuant to subsection (3), an additional
403$500 credit shall be provided for any qualified employee who is
404a welfare transition program participant. Such employee must be
405employed on the application date and have been employed less
406than 1 year. This credit shall be in addition to other credits
407pursuant to this section regardless of the tier-level of the
408high-crime area. Appropriate documentation concerning the
409eligibility of an employee for this credit must be submitted as
410determined by the department.
411     (5)  To be eligible for a tax credit under subsection (3),
412the number of qualified employees employed 1 year prior to the
413application date must be no lower than the number of qualified
414employees on the application date on which a credit under this
415section was based for any previous application, including an
416application under subsection (2).
417     (6)  Any county or municipality, or a county and one or
418more municipalities together, may apply to the Office of
419Tourism, Trade, and Economic Development for the designation of
420an area as a designated urban job tax credit high-crime area
421after the adoption by the governing body or bodies of a
422resolution that:
423     (a)  Finds that an urban a high-crime area exists in such
424county or municipality, or in both the county and one or more
425municipalities, which chronically exhibits extreme and
426unacceptable levels of poverty, unemployment, physical
427deterioration, and economic disinvestment;
428     (b)  Determines that the rehabilitation, conservation, or
429redevelopment, or a combination thereof, of such an urban a
430high-crime area is necessary in the interest of the health,
431safety, and welfare of the residents of such county or
432municipality, or such county and one or more municipalities; and
433     (c)  Determines that the revitalization of such an urban a
434high-crime area can occur if the public sector or private sector
435can be induced to invest its own resources in productive
436enterprises that build or rebuild the economic viability of the
437area.
438     (7)  The governing body of the entity nominating the area
439shall demonstrate provide to the Office of Tourism, Trade, and
440Economic Development that the area meets the following:
441     (a)  Income characteristics:
442     1.  Forty percent of area residents are earning wages on an
443annual basis that are equal to or less than the annual wage of a
444person who is earning minimum wage; or
445     2.  More than 20 percent of residents or families live
446below the federal standard of poverty for individuals or a
447family of four. The overall index crime rate for the geographic
448area;
449     (b)  Education characteristics:
450     1.  Has a high school dropout rate higher than the county
451average; or
452     2.  Has a high school graduation rate lower than the state
453average. The overall index crime volume for the area;
454     (c)  Workforce and employment characteristics:
455     1.  Has an unemployment rate at least 3 percentage points
456higher than the state's unemployment rate;
457     2.  More than 50 percent of families subject to the
458welfare-to-work transition time limit are either within 6 months
459of the time limit or are receiving cash assistance under a
460period of hardship extension to the time limit; or
461     3.  Is identified as a labor surplus area using the
462criteria established by the United States Department of Labor's
463Employment and Training Administration. The percentage of
464reported index crimes that are violent in nature;
465     (d)  Crime characteristics:
466     1.  Has an arrest rate higher than the state's average rate
467for such crimes as drug sale, drug possession, prostitution,
468vandalism, and civil disturbances, as recorded by total crime
469index of the Department of Law Enforcement; or
470     2.  Ranks in the top 30 percent of zip codes with reported
471crimes that are violent in nature. The reported crime volume and
472rate of specific property crimes such as business and
473residential burglary, motor vehicle theft, and vandalism; and
474     (e)  Residential and commercial property related
475characteristics:
476     1.  Fifty percent or more of area residents rent; or
477     2.a.  Property values are within the lower 50 percent of
478the county's assessed property values;
479     b.  More than 5 percent of area homes, apartments, or
480buildings are abandoned, have been condemned within the previous
48124 months, or have a greater number of violations of the Florida
482Building Code than recorded in the remainder of the county or
483municipality; or
484     c.  Tax or special assessment delinquencies exceed the fair
485value of the land The arrest rates within the geographic area
486for violent crime and for such other crimes as drug sale, drug
487possession, prostitution, disorderly conduct, vandalism, and
488other public-order offenses.
489     (8)  A municipality, or a county and one or more
490municipalities together, may not nominate more than one urban
491high-crime area. However, any county as defined by s. 125.011(1)
492may nominate no more than three urban high-crime areas.
493     (9)(a)  An area nominated by a county or municipality, or a
494county and one or more municipalities together, for designation
495as a designated urban job tax credit high-crime area shall be
496eligible only if it meets the following criteria:
497     1.(a)  The selected area does not exceed 20 square miles
498and either has a continuous boundary or consists of not more
499than three noncontiguous parcels.;
500     2.(b)  The selected area does not exceed the following
501mileage limitation:
502     a.1.  For areas communities having a total population of
503150,000 persons or more, the selected area does not exceed 20
504square miles and is within 10 miles of the central business
505district of a city.
506     b.2.  For areas communities having a total population of
50750,000 persons or more, but fewer than 150,000 persons, the
508selected area does not exceed 10 square miles and is within 7.5
509miles of the central business district of a city.
510     c.3.  For areas communities having a total population of
51120,000 persons or more, but fewer than 50,000 persons, the
512selected area does not exceed 5 square miles and is within 5
513miles of the central business district of a city.
514     d.4.  For areas communities having a total population of
515fewer than 20,000 persons, the selected area does not exceed 3
516square miles and is within 3 miles of the central business
517district of a city.
518     (b)  A designated urban job tax credit area may not include
519any portion of a central business district, unless the poverty
520rate for each census geographic block group in the district is
521not less than 30 percent.
522     (10)(a)  In order to claim this credit, an eligible
523business must file under oath with the Office of Tourism, Trade,
524and Economic Development a statement that includes the name and
525address of the eligible business and any other information that
526is required to process the application.
527     (b)  Within 30 working days after receipt of an application
528for credit, the Office of Tourism, Trade, and Economic
529Development shall review the application to determine whether it
530contains all the information required by this subsection and
531meets the criteria set out in this section. Subject to the
532provisions of paragraph (c), the Office of Tourism, Trade, and
533Economic Development shall approve all applications that contain
534the information required by this subsection and meet the
535criteria set out in this section as eligible to receive a
536credit.
537     (c)  The maximum credit amount that may be approved during
538any calendar year is $5 million, of which $1 million shall be
539exclusively reserved for tier-one areas. The Department of
540Revenue, in conjunction with the Office of Tourism, Trade, and
541Economic Development, shall notify the governing bodies in areas
542designated under this section as urban high-crime areas when the
543$5 million maximum amount has been reached. Applications must be
544considered for approval in the order in which they are received
545without regard to whether the credit is for a new or existing
546business. This limitation applies to the value of the credit as
547contained in approved applications. Approved credits may be
548taken in the time and manner allowed pursuant to this section.
549     (11)  If the application is insufficient to support the
550credit authorized in this section, the Office of Tourism, Trade,
551and Economic Development shall deny the credit and notify the
552business of that fact. The business may reapply for this credit
553within 3 months after such notification.
554     (12)  If the credit under this section is greater than can
555be taken on a single tax return, excess amounts may be taken as
556credits on any tax return submitted within 12 months after the
557approval of the application by the department.
558     (13)  It is the responsibility of each business to
559affirmatively demonstrate to the satisfaction of the Department
560of Revenue that it meets the requirements of this section.
561     (14)  Any person who fraudulently claims this credit is
562liable for repayment of the credit plus a mandatory penalty of
563100 percent of the credit and is guilty of a misdemeanor of the
564second degree, punishable as provided in s. 775.082 or s.
565775.083.
566     (15)  A corporation may take the credit under this section
567against its corporate income tax liability, as provided in s.
568220.1895. However, a corporation that applies its job tax credit
569against the tax imposed by chapter 220 may not receive the
570credit provided for in this section. A credit may be taken
571against only one tax.
572     (16)  An eligible business may transfer any unused credit
573in whole or in units of no less than 25 percent of the remaining
574credit. The entity acquiring such credit may use it in the same
575manner and with the same limitation as described in this
576section. Such transferred credits may not be transferred again
577although they may succeed to a surviving or acquiring entity
578subject to the same conditions and limitations described in this
579section.
580     (17)(16)  The department shall adopt rules governing the
581manner and form of applications for credit or transfers of
582credit and may establish guidelines concerning the requisites
583for an affirmative showing of qualification for the credit under
584this section.
585     Section 3.  Subsection (12) of section 212.098, Florida
586Statutes, is renumbered as subsection (13), and a new subsection
587(12) is added to said section to read:
588     212.098  Rural Job Tax Credit Program.--
589     (12)  An eligible business may transfer any unused credit
590in whole or in units of not less than 25 percent of the
591remaining credit. The entity acquiring such credit may use it in
592the same manner and with the same limitation as described in
593this section. Such transferred credits may not be transferred
594again although they may succeed to a surviving or acquiring
595entity subject to the same conditions and limitations described
596in this section.
597     Section 4.  Section 220.1895, Florida Statutes, is amended
598to read:
599     220.1895  Rural Job Tax Credit and Designated Urban High-
600Crime Area Job Tax Credit Area.--There shall be allowed a credit
601against the tax imposed by this chapter amounts approved by the
602Office of Tourism, Trade, and Economic Development pursuant to
603the Rural Job Tax Credit Program in s. 212.098 and the
604Designated Urban High-Crime Area Job Tax Credit Area Program in
605s. 212.097. A corporation that uses its credit against the tax
606imposed by this chapter may not take the credit against the tax
607imposed by chapter 212. If any credit granted under this section
608is not fully used in the first year for which it becomes
609available, the unused amount may be carried forward for a period
610not to exceed 5 years. The carryover may be used in a subsequent
611year when the tax imposed by this chapter for such year exceeds
612the credit for such year under this section after applying the
613other credits and unused credit carryovers in the order provided
614in s. 220.02(8). The Office of Tourism, Trade, and Economic
615Development shall conduct a review of the Urban High-Crime Area
616Job Tax Credit and the Rural Job Tax Credit Program and submit
617its report to the Governor, the President of the Senate, and the
618Speaker of the House of Representatives by February 1, 2000.
619     Section 5.  Paragraph (c) of subsection (3) of section
620288.095, Florida Statutes, is amended to read:
621     288.095  Economic Development Trust Fund.--
622     (3)
623     (c)  By December 31 of each year, Enterprise Florida, Inc.,
624shall submit a complete and detailed report to the Governor, the
625President of the Senate, the Speaker of the House of
626Representatives, and the director of the Office of Tourism,
627Trade, and Economic Development of all applications received,
628recommendations made to the Office of Tourism, Trade, and
629Economic Development, final decisions issued, tax refund
630agreements executed, and tax refunds paid or other payments made
631under all programs funded out of the Economic Development
632Incentives Account, including analyses of benefits and costs,
633types of projects supported, and employment and investment
634created. Enterprise Florida, Inc., shall also include a separate
635analysis of the impact of such tax refunds on state enterprise
636zones designated pursuant to s. 290.0065, rural communities,
637brownfield areas, and distressed urban communities. The report
638must discuss whether the authority and moneys appropriated by
639the Legislature to the Economic Development Incentives Account
640were managed and expended in a prudent, fiducially sound manner.
641The Office of Tourism, Trade, and Economic Development shall
642assist Enterprise Florida, Inc., in the collection of data
643related to business performance and incentive payments.
644     Section 6.  Subsection (7) of section 288.1045, Florida
645Statutes, is amended to read:
646     288.1045  Qualified defense contractor tax refund
647program.--
648     (7)  EXPIRATION.--An applicant may not be certified as
649qualified under this section after June 30, 2009 2004. However,
650a tax refund agreement that is in effect on that date shall
651continue in effect in accordance with its terms.
652     Section 7.  Subsection (7) of section 288.106, Florida
653Statutes, is amended to read:
654     288.106  Tax refund program for qualified target industry
655businesses.--
656     (7)  EXPIRATION.--This section expires June 30, 2009 2004.
657However, a tax refund agreement in effect on that date shall
658continue in effect in accordance with the terms of the
659agreement.
660     Section 8.  Subsections (7), (8), and (11) of section
661288.901, Florida Statutes, are amended to read:
662     288.901  Enterprise Florida, Inc.; creation; membership;
663organization; meetings; disclosure.--
664     (7)  The Governor shall serve as chairperson of the board
665of directors. The board of directors shall biennially elect one
666of its appointive members as vice chairperson. The president
667shall keep a record of the proceedings of the board of directors
668and is the custodian of all books, documents, and papers filed
669with the board of directors, the minutes of the board of
670directors, and the official seal of Enterprise Florida, Inc.
671     (8)  The board of directors shall meet at least four times
672each year, upon the call of the chairperson, at the request of
673the vice chairperson, or at the request of a majority of the
674membership. A majority of the total number of current, voting
675all directors fixed by subsection (3) shall constitute a quorum.
676The board of directors may take official action by a majority
677vote of the members present at any meeting at which a quorum is
678present.
679     (11)  Notwithstanding the provisions of subsection (3), the
680board of directors may by resolution appoint at-large members to
681the board from the private sector, each of whom may serve a 1-
682year term. At-large members shall have the powers and duties of
683other members of the board, except that they may not serve on an
684executive committee. An at-large member is eligible for
685reappointment but may not vote on his or her own reappointment.
686An at-large member shall be eligible to fill vacancies occurring
687among private-sector appointees under subsection (3).
688     Section 9.  Subsection (1), paragraph (b) of subsection
689(4), and subsections (5), (7), and (8) of section 288.90151,
690Florida Statutes, are amended to read:
691     288.90151  Return on investment from activities of
692Enterprise Florida, Inc.--
693     (1)  The public funds appropriated each year for the
694operation of Enterprise Florida, Inc., are invested in this
695public-private partnership to enhance international trade and
696economic development, to spur job-creating investments, and to
697create new employment opportunities for Floridians, and to
698prepare Floridians for those jobs. This policy will be the
699Legislature's priority consideration when reviewing the return-
700on-investment for Enterprise Florida, Inc.
701     (4)
702     (b)  The board of directors of Enterprise Florida, Inc.,
703shall adopt for each upcoming fiscal year an operating budget
704for the organization that specifies the intended uses of the
705state's operating investment and a plan for securing private-
706sector support to Enterprise Florida, Inc. Each fiscal year
707private-sector support to Enterprise Florida, Inc., shall equal
708no less than 100 percent of the state's operating investment,
709including at least $1 million in cash as defined in paragraph
710(5)(a), and an additional $400,000 in cash as defined in
711paragraphs (5)(a), (b), and (c).
712     (5)  Private-sector support in operating Enterprise
713Florida, Inc., includes:
714     (a)  Cash given directly to Enterprise Florida, Inc., for
715its operations, excluding contributions from grantees or from
716companies with Enterprise Florida, Inc., contracts representing
717more than 5 percent of the value of all Enterprise Florida,
718Inc., contracts, exclusive of grants, or more than 5 percent of
719the company's revenues. Cash in this category is not subject to
720restrictions on the use of appropriated funds. operating budget;
721     (b)  Cash jointly raised by Enterprise Florida, Inc., and a
722local economic development organization, a group of such
723organizations, or a statewide business organization that
724supports collaborative projects.;
725     (c)  Cash generated by fees charged for products or
726services of Enterprise Florida, Inc., and by sponsorship of
727events, missions, programs, and publications; and
728     (d)  In-kind contributions directly to Enterprise Florida,
729Inc., including: business expenditures; business services
730provided; business support; or other business contributions that
731augment the operations, program, activities, or assets of
732Enterprise Florida, Inc., including, but not limited to: an
733individual's time and expertise; sponsored publications;
734private-sector staff services; payment for advertising
735placements; sponsorship of events; sponsored or joint research;
736discounts on leases or purchases; mission or program
737sponsorship; and copayments, stock, warrants, royalties, or
738other private resources dedicated to Enterprise Florida, Inc.
739     (7)  As part of the annual report required under s.
740288.906, Enterprise Florida, Inc., shall include a study provide
741the Legislature with information quantifying the public's
742return-on-investment as described in this section for fiscal
743year 1997-1998 and each subsequent fiscal year. The annual
744report shall also include the results of a customer-satisfaction
745survey of businesses served, as well as the lead economic
746development staff person of each primary partner organization
747local economic development organization that employs a full-time
748or part-time staff person.
749     (8)  Enterprise Florida, Inc., in consultation with the
750Office of Program Policy Analysis and Government Accountability,
751shall hire an economic analysis a private accounting firm to
752develop the methodology for establishing and reporting return-
753on-investment and in-kind contributions as described in this
754section and a firm experienced in survey research to develop,
755analyze, and report on the results of the customer-satisfaction
756survey. The Office of Program Policy Analysis and Government
757Accountability shall review and offer feedback on the
758methodology before it is implemented. The private accounting
759firm shall certify whether the applicable statements in the
760annual report comply with this subsection.
761     Section 10.  Subsection (3) of section 288.903, Florida
762Statutes, is amended to read:
763     288.903  Board of directors of Enterprise Florida, Inc.;
764president; employees.--
765     (3)  The board of directors of Enterprise Florida, Inc.,
766and its officers shall be responsible for the prudent use of all
767public and private funds and shall ensure that the use of such
768funds is in accordance with all applicable laws, bylaws, or
769contractual requirements. No employee of Enterprise Florida,
770Inc., may receive compensation for employment which exceeds the
771salary paid to the Governor, unless the board of directors and
772the employee have executed a contract that prescribes specific,
773measurable performance outcomes for the employee, the
774satisfaction of which provides the basis for the award of
775incentive payments that increase the employee's total
776compensation to a level above the salary paid to the Governor.
777     Section 11.  Paragraph (b) of subsection (1) of section
778288.904, Florida Statutes, is amended to read:
779     288.904  Powers of the board of directors of Enterprise
780Florida, Inc.--
781     (1)  The board of directors of Enterprise Florida, Inc.,
782shall have the power to:
783     (b)1.  Make and enter into contracts and other instruments
784necessary or convenient for the exercise of its powers and
785functions, except that any contract made with an organization
786represented on the board of directors that exceeds 5 percent of
787the total annual amount of contracts of Enterprise Florida,
788Inc., exclusive of grants, or 5 percent of the represented
789organization's annual revenue must be approved by a two-thirds
790vote of the entire board members in attendance at a meeting at
791which a quorum is present of directors, and the board member
792representing such organization shall abstain from voting. No
793more than 65 percent of the dollar value of all contracts or
794other agreements entered into in any fiscal year, exclusive of
795grant programs, shall be made with an organization represented
796on the board of directors. This section does not apply to
797contracts awarded by another entity to an organization
798represented on the board of directors or to contracts if
799Enterprise Florida, Inc., is the recipient of funds from an
800organization represented on the board of directors An
801organization represented on the board may not enter into a
802contract to receive a state-funded economic development
803incentive or similar grant, unless such incentive award is
804specifically endorsed by a two-thirds vote of the entire board.
805The board member representing such organization, if applicable,
806shall abstain from voting and refrain from discussing the issue
807with other members of the board. No more than 50 percent of the
808dollar value of grants issued by the board in any fiscal year
809may go to businesses associated with board members.
810     2.  A contract that Enterprise Florida, Inc., executes with
811a person or organization under which such person or organization
812agrees to perform economic development services or similar
813business assistance services on behalf of Enterprise Florida,
814Inc., or on behalf of the state must include provisions
815requiring that such person or organization report on
816performance, account for proper use of funds provided under the
817contract, coordinate with other components of state and local
818economic development systems, and avoid duplication of existing
819state and local services and activities.
820     Section 12.  Subsection (6) of section 288.905, Florida
821Statutes, is amended to read:
822     288.905  Duties of the board of directors of Enterprise
823Florida, Inc.--
824     (6)  Any employee leased by Enterprise Florida, Inc., from
825the state, or any employee who derives his or her salary from
826funds appropriated by the Legislature, may not receive a pay
827raise or bonus in excess of a pay raise or bonus that is
828received by similarly situated state employees. However, this
829subsection does not prohibit the payment of a pay raise or bonus
830from funds received from sources other than the Florida
831Legislature.
832     Section 13.  Effective July 1, 2004, notwithstanding
833section 80 of chapter 2003-399, Laws of Florida, section
834288.9515, Florida Statutes, shall not stand repealed on July 1,
8352004, as scheduled by such law, but said section is reenacted
836and amended to read:
837     288.9515  Authorized technology development programs.--
838     (1)  Enterprise Florida, Inc., may create technology
839development and applications services, and may serve as an
840umbrella organization for the coordination of information that
841provides technology applications service providers throughout
842the state which provide critical, managerial, technological,
843scientific, and related financial and business expertise
844essential for international and domestic competitiveness to
845small-sized and medium-sized manufacturing and knowledge-based
846service firms. Enterprise Florida, Inc., is authorized the
847following powers in order to carry out these functions:
848     (a)  Providing communication and coordination services
849among technology development and applications service providers
850throughout the state.
851     (b)  Providing coordinated marketing services to small-
852sized and medium-sized manufacturers in the state on behalf of,
853and in partnership with, technology applications service
854providers.
855     (b)(c)  Securing additional sources of funds on behalf of,
856and in partnership with, technology-based businesses technology
857applications service providers.
858     (c)(d)  Developing plans and policies to assist small-sized
859and medium-sized manufacturing companies or other knowledge-
860based firms in Florida.
861     (e)  Entering into contracts with technology applications
862service providers for expanded availability of high-quality
863assistance to small-sized and medium-sized manufacturing
864companies or knowledge-based service firms, including, but not
865limited to, technological, human resources development, market
866planning, finance, and interfirm collaboration. Enterprise
867Florida, Inc., shall ensure that all contracts in excess of
868$20,000 for the delivery of such assistance to Florida firms
869shall be based on competitive requests for proposals and shall
870establish clear standards for the delivery of services under
871such contracts. Such standards include, but are not limited to:
872     1.  The ability and capacity to deliver services in
873sufficient quality and quantity.
874     2.  The ability and capacity to deliver services in a
875timely manner.
876     3.  The ability and capacity to meet the needs of firms in
877the proposed market area.
878     (d)(f)  Assisting other educational institutions,
879enterprises, or the entities providing business assistance to
880small-sized and medium-sized manufacturing and knowledge-based
881services enterprises.
882     (g)  Establishing a system to evaluate the effectiveness
883and efficiency of technology applications services provided to
884small-sized and medium-sized enterprises.
885     (e)(h)  Establishing special education and informational
886programs for Florida enterprises and for educational
887institutions and enterprises providing business assistance to
888Florida enterprises.
889     (f)(i)  Assisting in evaluating and documenting the needs
890of firms in this state for technology development and
891application services, and developing means to ensure that these
892needs are met, consistent with the powers provided for in this
893subsection.
894     (g)(j)  Maintaining an office in such place or places as
895the board of directors of Enterprise Florida, Inc., approves.
896     (h)(k)  Making and executing contracts with any person,
897enterprise, educational institution, association, or any other
898entity necessary or convenient for the performance of its duties
899and the exercise of the powers and functions of Enterprise
900Florida, Inc., under this subsection.
901     (i)(l)  Receiving funds from any source to carry out the
902purposes of providing technology development and applications
903services, including, but not limited to, gifts or grants from
904any department, agency, or instrumentality of the United States
905or of the state, or any enterprise or person, for any purpose
906consistent with the provisions of this subsection.
907     (2)  When choosing contractors under this section,
908preference shall be given to existing institutions,
909organizations, and enterprises so long as these existing
910institutions, organizations, and enterprises demonstrate the
911ability to perform at standards established by Enterprise
912Florida, Inc., under paragraph (1)(e). Neither the provisions of
913ss. 288.9511-288.9517 nor the actions taken by Enterprise
914Florida, Inc., under this section shall impair or hinder the
915operations, performance, or resources of any existing
916institution, organization, or enterprise.
917     (3)  Enterprise Florida, Inc., may create a technology
918development financing fund, to be called the Florida Technology
919Research Investment Fund. The fund shall increase technology
920development in this state by investing in technology development
921projects that have the potential to generate investment-grade
922technologies of importance to the state's economy as evidenced
923by the willingness of private businesses to coinvest in such
924projects. Enterprise Florida, Inc., may also demonstrate and
925develop effective approaches to, and benefits of, commercially
926oriented research collaborations between businesses,
927universities, and state and federal agencies and organizations.
928Enterprise Florida, Inc., shall endeavor to maintain the fund as
929a self-supporting fund once the fund is sufficiently capitalized
930under program guidelines of Enterprise Florida, Inc. as
931reflected in the minimum funding report required in s. 288.9516.
932The technology research investment projects may include, but are
933not limited to:
934     (a)  Technology development projects expected to lead to a
935specific investment-grade technology that is of importance to
936industry in this state.
937     (b)  Technology development centers and facilities expected
938to generate a stream of products and processes with commercial
939application of importance to industry in this state.
940     (c)  Technology development projects that have, or are
941currently using, other federal or state funds such as federal
942Small Business Innovation Research awards.
943     (4)  Enterprise Florida, Inc., shall invest moneys
944contained in the Florida Technology Research Investment Fund in
945technology application research or for technology development
946projects that have the potential for commercial market
947application. The partnership shall coordinate any investment in
948any space-related technology projects with the Florida Space
949Authority and the Technological Research and Development
950Authority.
951     (a)  The investment of moneys contained in the Florida
952Technology Research Investment Fund is limited to qualified
953investments in qualified securities in which a private
954enterprise in this state coinvests at least 40 percent of the
955total project costs, in conjunction with other cash or noncash
956investments from state educational institutions, state and
957federal agencies, or other institutions.
958     (b)  All moneys in the Florida Technology Research
959Investment Fund shall be continuously appropriated to the fund
960and may be used for loan guarantees, letter of credit
961guarantees, cash reserves for loan and letter of credit
962guarantees, payments of claims pursuant to contracts for
963guarantees, subordinated loans, loans with warrants, royalty
964investments, equity investments, and For the purposes of this
965fund, qualified securities include loans, loans convertible to
966equity, equity, loans with warrants attached that are
967beneficially owned by the board, royalty agreements, or any
968other contractual arrangements through which the Florida
969Technology Research Investment Fund receives an interest, right,
970return of funds, or other consideration and may be used for
971operations of the fund. All such uses of moneys in the fund are
972qualified investments. Any claim against the fund or Enterprise
973Florida, Inc., relating to investment of moneys in the fund
974shall be paid solely from the fund. Neither the credit nor the
975taxing power of the state shall be pledged to secure the fund or
976moneys in the fund, other than from moneys appropriated or
977assigned to the fund, and the state shall not be liable or
978obligated in any way for any claims against the fund or against
979Enterprise Florida, Inc. arrangement in which the board is
980providing scientific and technological services to any federal,
981state, county, or municipal agency, or to any individual,
982corporation, enterprise, association, or any other entity
983involving technology development.
984     (c)  Not more than $175,000 or 5 percent of the revenues
985generated by investment of moneys contained in the Florida
986Technology Research Investment Fund plus 5 percent of the
987revenues generated by investments under the Florida Small
988Business Technology Growth Program under s. 288.95155, whichever
989is greater, may be used on an annual basis to pay the combined
990operating expenses associated with operation of the Florida
991Technology Research Investment Fund and the Florida Small
992Business Technology Growth Program.
993     (d)  In the event of liquidation or dissolution of
994Enterprise Florida, Inc., or the Florida Technology Research
995Investment Fund, any rights or interests in a qualified security
996or portion of a qualified security purchased with moneys
997invested by the State of Florida shall vest in the state, under
998the control of the State Board of Administration. The state is
999entitled to, in proportion to the amount of investment in the
1000fund by the state, any balance of funds remaining in the Florida
1001Technology Research Investment Fund after payment of all debts
1002and obligations upon liquidation or dissolution of Enterprise
1003Florida, Inc., or the fund.
1004     (e)  The investment of funds contained in the Florida
1005Technology Research Investment Fund does not constitute a debt,
1006liability, or obligation of the State of Florida or of any
1007political subdivision thereof, or a pledge of the faith and
1008credit of the state or of any such political subdivision.
1009     (5)  Enterprise Florida, Inc., may create technology
1010commercialization programs in partnership with private
1011enterprises, educational institutions, and other institutions to
1012increase the rate at which technologies with potential
1013commercial application are moved from university, public, and
1014industry laboratories into the marketplace. Such programs shall
1015be created based upon research to be conducted by Enterprise
1016Florida, Inc.
1017     (6)  Enterprise Florida, Inc., shall coordinate with local
1018and regional economic development organizations to facilitate a
1019statewide entrepreneurship strategy to stimulate the growth of
1020startup businesses and technology innovations in this state.
1021This strategy must include, but need not be limited to,
1022technology transfer coordination, university linkages,
1023entrepreneurial networks and training, and startup capital
1024access, including the formation and growth of individual and
1025business networks that may be willing to invest in startup
1026businesses in this state.
1027     Section 14.  Subsection (2) of section 288.99, Florida
1028Statutes, is amended to read:
1029     288.99  Certified Capital Company Act.--
1030     (2)  PURPOSE.--The primary purpose of this act is to
1031stimulate a substantial increase in venture capital investments
1032in this state by providing an incentive for insurance companies
1033to invest in certified capital companies in this state which, in
1034turn, will make investments in new businesses or in expanding
1035businesses, including minority-owned or minority-operated
1036businesses and businesses located in a designated Front Porch
1037community, enterprise zone, designated urban job tax credit
1038high-crime area, rural job tax credit county, or nationally
1039recognized historic district. The increase in investment capital
1040flowing into new or expanding businesses is intended to
1041contribute to employment growth, create jobs which exceed the
1042average wage for the county in which the jobs are created, and
1043expand or diversify the economic base of this state.
1044     Section 15.  Subsections (3) and (4) of section 288.041,
1045Florida Statutes, are repealed:
1046     288.041  Solar energy industry; legislative findings and
1047policy; promotional activities.--
1048     (3)  Enterprise Florida, Inc., and its boards shall assist
1049in the expansion of the solar energy industry in this state.
1050Such efforts shall be undertaken in cooperation with the
1051Department of Community Affairs, the Florida Solar Energy
1052Center, and the Florida Solar Energy Industries Association, and
1053shall include:
1054     (a)  Providing assistance and support to new and existing
1055photovoltaic companies, with special emphasis on attracting one
1056or more manufacturers of photovoltaic products to locate within
1057this state.
1058     (b)  Sponsoring initiatives which aid and take full
1059advantage of the export market potential of solar technologies.
1060     (c)  Informing the business sector of this state about
1061opportunities for cost-effective commercial applications of
1062solar technologies.
1063     (d)  Encouraging employment of residents of this state by
1064solar energy companies.
1065     (e)  Retaining existing solar energy companies and
1066supporting their expansion efforts in this state.
1067     (f)  Supporting the promotion of solar energy by sponsoring
1068workshops, seminars, conferences, and educational programs on
1069the benefits of solar energy.
1070     (g)  Recognizing outstanding developments and achievements
1071in, and contributions to, the solar energy industry.
1072     (h)  Collecting and disseminating solar energy information
1073relevant to the promotion of solar energy applications.
1074     (i)  Enlisting the support of persons, civic groups, the
1075solar energy industry, and other organizations to promote and
1076improve solar energy products and services.
1077     (4)  The department shall also promote projects that
1078demonstrate viable applications of solar technology which may
1079include, but shall not be limited to: irrigation and stock
1080watering, process heat for dairy and citrus operations,
1081aquaculture, hydroponics, horticulture, waste detoxification,
1082and other means of meeting the energy needs of the agricultural
1083industry.
1084     Section 16.  Subsection (3) of section 288.9015, Florida
1085Statutes, is repealed:
1086     288.9015  Enterprise Florida, Inc.; purpose; duties.--
1087     (3)  It shall be the responsibility of Enterprise Florida,
1088Inc., through the Workforce Development Board, to develop a
1089comprehensive approach to workforce development that will result
1090in better employment opportunities for the residents of this
1091state. Such comprehensive approach must include:
1092     (a)  Creating and maintaining a highly skilled workforce
1093that is capable of responding to rapidly changing technology and
1094diversified market opportunities.
1095     (b)  Training, educating, and assisting target populations,
1096such as those who are economically disadvantaged or who
1097participate in the WAGES Program or otherwise receive public
1098assistance to become independent, self-reliant, and self-
1099sufficient. This approach must ensure the effective use of
1100federal, state, local, and private resources in reducing the
1101need for public assistance.
1102     Section 17.  Section 288.8155, Florida Statutes, is
1103repealed.
1104     Section 18.  Effective July 1, 2004, section 288.9517,
1105Florida Statutes, and section 14 of chapter 93-187, Laws of
1106Florida, are repealed.
1107     Section 19.  Except as otherwise provided herein, this act
1108shall take effect upon becoming a law.


CODING: Words stricken are deletions; words underlined are additions.