Florida Senate - 2008 SB 1572

By Senator Lynn

7-03050-08 20081572__

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A bill to be entitled

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An act relating to enterprise zones; creating s.

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290.00725, F.S.; authorizing the City of Ocala to apply to

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the Office of Tourism, Trade, and Economic Development for

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designation of an enterprise zone; providing an

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application deadline; providing requirements for the area

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of the enterprise zone; requiring the office to establish

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the effective date of the enterprise zone; 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.  Section 290.00725, Florida Statutes, is created

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to read:

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     290.00725 Enterprise zone designation for the City of

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Ocala.--The City of Ocala may apply to the Office of Tourism,

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Trade, and Economic Development for designation of one enterprise

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zone for an area within the western portion of the city, which

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zone shall encompass an area up to 5 square miles. The

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application must be submitted by December 31, 2008, and must

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comply with the requirements of s. 290.0055. Notwithstanding s.

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290.0065 limiting the total number of enterprise zones designated

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and the number of enterprise zones within a population category,

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the Office of Tourism, Trade, and Economic Development may

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designate one enterprise zone under this section. The Office of

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Tourism, Trade, and Economic Development shall establish the

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initial effective date of the enterprise zone designated pursuant

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to this section.

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

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