| 1 | A bill to be entitled |
| 2 | An act relating to Hillsborough County; amending chapter |
| 3 | 2004-414, Laws of Florida, relating to projects for which |
| 4 | payment and performance bonds may be waived for the |
| 5 | construction of a public building, for the prosecution and |
| 6 | completion of a public work, or for repairs on a public |
| 7 | building under certain circumstances; increasing the |
| 8 | number of such projects on which a small business may |
| 9 | successfully bid before becoming ineligible for certain |
| 10 | additional bidding; extending the sunset date of chapter |
| 11 | 2004-414, Laws of Florida; providing an effective date. |
| 12 |
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| 13 | Be It Enacted by the Legislature of the State of Florida: |
| 14 |
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| 15 | Section 1. Sections 5 and 7 of chapter 2004-414, Laws of |
| 16 | Florida, are amended to read: |
| 17 | Section 5. A small business that has been the successful |
| 18 | bidder on five three projects where the payment and performance |
| 19 | bond were waived pursuant to section 1 shall be ineligible to |
| 20 | bid on additional projects where the payment and performance |
| 21 | bond has been waived on projects with an estimated value of not |
| 22 | less than $200,000 and not exceeding $500,000. The local small |
| 23 | business may continue to participate in other elements of the |
| 24 | economic development program for local small business so long as |
| 25 | otherwise eligible. |
| 26 | Section 7. This act shall stand repealed on September 30, |
| 27 | 2011 2009. |
| 28 | Section 2. This act shall take effect upon becoming a law. |