HB 1003

1	A bill to be entitled
2	An act relating to enterprise zones; creating s.
3	290.00710, F.S.; authorizing the City of Lakeland to apply
4	to the Office of Tourism, Trade, and Economic Development
5	to designate an enterprise zone; providing requirements;
6	requiring the office to establish the initial effective
7	date of the enterprise zone; creating s. 290.0073, F.S.;
8	authorizing Indian River County, the City of Vero Beach,
9	and the City of Sebastian to jointly apply to the Office
10	of Tourism, Trade, and Economic Development for
11	designation of an enterprise zone in Indian River County;
12	providing requirements; requiring the office to establish
13	the initial effective date of the enterprise zone;
14	creating s. 290.0074, F.S.; authorizing Sumter County to
15	apply to the Office of Tourism, Trade, and Economic
16	Development for designation of an enterprise zone;
17	providing requirements; requiring the office to establish
18	the initial effective date of the enterprise zone;
19	creating s. 290.00755, F.S.; authorizing Columbia County
20	or Columbia County and Lake City jointly to apply to the
21	Office of Tourism, Trade, and Economic Development to
22	designate an enterprise zone; providing requirements;
23	requiring the office to establish the initial effective
24	date of the enterprise zone; creating s. 290.0076, F.S.;
25	authorizing Suwannee County or Suwannee County and Live
26	Oak jointly to apply to the Office of Tourism, Trade, and
27	Economic Development to designate an enterprise zone;
28	providing requirements; requiring the office to establish
29	the initial effective date of the enterprise zone;
30	creating s. 290.0077, F.S.; authorizing Orange County and
31	the municipality of Apopka to jointly apply to the Office
32	of Tourism, Trade, and Economic Development for
33	designation of an enterprise zone; providing requirements;
34	requiring the office to establish the initial effective
35	date of the enterprise zone; amending s. 624.5091, F.S.,
36	increasing the amount of tax credits excluded from
37	calculation of insurance retaliatory taxes; requiring the
38	Office of Program Policy Analysis and Government
39	Accountability to conduct a study of rural enterprise zone
40	issues; requiring a report to the Legislature; providing
41	an effective date.
42
43	Be It Enacted by the Legislature of the State of Florida:
44
45	Section 1.  Section 290.00710, Florida Statutes, is created
46	to read:
47	290.00710  Enterprise zone designation for the City of
48	Lakeland.--The City of Lakeland may apply to the Office of
49	Tourism, Trade, and Economic Development for designation of one
50	enterprise zone for an area within the City of Lakeland, which
51	zone shall encompass an area up to 10 square miles. The
52	application must be submitted by December 31, 2005, and must
53	comply with the requirements of s. 290.0055. Notwithstanding the
54	provisions of s. 290.0065 limiting the total number of
55	enterprise zones designated and the number of enterprise zones
56	within a population category, the Office of Tourism, Trade, and
57	Economic Development may designate one enterprise zone under
58	this section. The Office of Tourism, Trade, and Economic
59	Development shall establish the initial effective date of the
60	enterprise zone designated pursuant to this section.
61	Section 2.  Section 290.0073, Florida Statutes, is created
62	to read:
63	290.0073  Enterprise zone designation for Indian River
64	County, the City of Vero Beach, and the City of
65	Sebastian.--Indian River County, the City of Vero Beach, and the
66	City of Sebastian may jointly apply to the Office of Tourism,
67	Trade, and Economic Development for designation of one
68	enterprise zone encompassing an area not to exceed 10 square
69	miles. The application must be submitted by December 31, 2005,
70	and must comply with the requirements of s. 290.0055.
71	Notwithstanding the provisions of s. 290.0065 limiting the total
72	number of enterprise zones designated and the number of
73	enterprise zones within a population category, the Office of
74	Tourism, Trade, and Economic Development may designate one
75	enterprise zone under this section. The Office of Tourism,
76	Trade, and Economic Development shall establish the initial
77	effective date of the enterprise zone designated pursuant to
78	this section.
79	Section 3.  Section 290.0074, Florida Statutes, is created
80	to read:
81	290.0074  Enterprise zone designation for Sumter
82	County.--Sumter County may apply to the Office of Tourism,
83	Trade, and Economic Development for designation of one
84	enterprise zone encompassing an area not to exceed 10 square
85	miles. The application must be submitted by December 31, 2005.
86	Notwithstanding the provisions of s. 290.0065 limiting the total
87	number of enterprise zones designated and the number of
88	enterprise zones within a population category, the Office of
89	Tourism, Trade, and Economic Development may designate one
90	enterprise zone under this section. The Office of Tourism,
91	Trade, and Economic Development shall establish the initial
92	effective date of the enterprise zone designated pursuant to
93	this section.
94	Section 4.  Section 290.00755, Florida Statutes, is created
95	to read:
96	290.00755  Enterprise zone designation for Columbia County
97	or Columbia County and Lake City.--Columbia County, or Columbia
98	County and the municipality of Lake City jointly, may apply to
99	the Office of Tourism, Trade, and Economic Development for
100	designation of one enterprise zone encompassing an area within
101	the county or within both the county and the municipality. The
102	application must be submitted by December 31, 2005.
103	Notwithstanding the provisions of s. 290.0065 limiting the total
104	number of enterprise zones designated and the number of
105	enterprise zones within a population category, the Office of
106	Tourism, Trade, and Economic Development may designate one
107	enterprise zone under this section. The Office of Tourism,
108	Trade, and Economic Development shall establish the initial
109	effective date of the enterprise zone designated pursuant to
110	this section.
111	Section 5.  Section 290.0076, Florida Statutes, is created
112	to read:
113	290.0076  Enterprise zone designation for Suwannee County
114	or Suwannee County and Live Oak.--Suwannee County, or Suwannee
115	County and the municipality of Live Oak jointly, may apply to
116	the Office of Tourism, Trade, and Economic Development for
117	designation of one enterprise zone encompassing an area within
118	the county or within both the county and the municipality. The
119	application must be submitted by December 31, 2005.
120	Notwithstanding the provisions of s. 290.0065 limiting the total
121	number of enterprise zones designated and the number of
122	enterprise zones within a population category, the Office of
123	Tourism, Trade, and Economic Development may designate one
124	enterprise zone under this section. The Office of Tourism,
125	Trade, and Economic Development shall establish the initial
126	effective date of the enterprise zone designated pursuant to
127	this section.
128	Section 6.  Section 290.0077, Florida Statutes, is created
129	to read:
130	290.0077  Enterprise zone designation for Orange County and
131	the municipality of Apopka.--Orange County and the municipality
132	of Apopka may jointly apply to the Office of Tourism, Trade, and
133	Economic Development for designation of one enterprise zone. The
134	application must be submitted by December 31, 2005, and must
135	comply with the requirements of s. 290.0055. Notwithstanding the
136	provisions of s. 290.0065 limiting the total number of
137	enterprise zones designated and the number of enterprise zones
138	within a population category, the Office of Tourism, Trade, and
139	Economic Development may designate one enterprise zone under
140	this section. The Office of Tourism, Trade, and Economic
141	Development shall establish the initial effective date of the
142	enterprise zone designated pursuant to this section.
143	Section 7.  Subsection (1) of section 624.5091, Florida
144	Statutes, is amended to read:
145	624.5091  Retaliatory provision, insurers.--
146	(1)(a)  When by or pursuant to the laws of any other state
147	or foreign country any taxes, licenses, and other fees, in the
148	aggregate, and any fines, penalties, deposit requirements, or
149	other material obligations, prohibitions, or restrictions are or
150	would be imposed upon Florida insurers or upon the agents or
151	representatives of such insurers, which are in excess of such
152	taxes, licenses, and other fees, in the aggregate, or which are
153	in excess of the fines, penalties, deposit requirements, or
154	other obligations, prohibitions, or restrictions directly
155	imposed upon similar insurers, or upon the agents or
156	representatives of such insurers, of such other state or country
157	under the statutes of this state, so long as such laws of such
158	other state or country continue in force or are so applied, the
159	same taxes, licenses, and other fees, in the aggregate, or
160	fines, penalties, deposit requirements, or other material
161	obligations, prohibitions, or restrictions of whatever kind
162	shall be imposed by the Department of Revenue upon the insurers,
163	or upon the agents or representatives of such insurers, of such
164	other state or country doing business or seeking to do business
165	in this state. In determining the taxes to be imposed under this
166	section, 80 percent and a portion of the remaining 20 percent as
167	provided in paragraph (b) of the credit provided by s.
168	624.509(5), as limited by s. 624.509(6) and further determined
169	by s. 624.509(7), shall not be taken into consideration.
170	(b)  As used in this subsection, the term "portion of the
171	remaining 20 percent" shall be calculated by multiplying the
172	remaining 20 percent by a fraction, the numerator of which is
173	the sum of the salaries qualifying for the credit allowed by
174	624.509(5) of employees whose place of employment is located in
175	an enterprise zone created pursuant to chapter 290 and the
176	denominator of which is the sum of the salaries qualifying for
177	the credit allowed by 624.509(5).
178	Section 8.  The Office of Program Policy Analysis and
179	Government Accountability shall conduct an evaluation of the tax
180	incentives available to rural enterprise zones and the
181	effectiveness of rural enterprise zones in creating jobs. In
182	particular, the evaluation must consider whether existing tax
183	and other financial incentives available under the Enterprise
184	Zone Act are appropriate for businesses located in rural
185	enterprise zones and whether incentives such as the transfer of
186	unused tax credits would enhance the effectiveness of rural
187	enterprise zones. The evaluation shall include an estimation of
188	the costs of new tax incentives. The evaluation shall also
189	identify obstacles faced by rural enterprise zones and recommend
190	possible solutions. The Office of Program Policy Analysis and
191	Government Accountability shall conduct its evaluation and make
192	a report containing its findings and recommendations to the
193	Legislature by December 1, 2005.
194	Section 9.  This act shall take effect July 1, 2005.

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