Florida Senate - 2009 SB 1026 By Senator Pruitt 28-00985A-09 20091026__ 1 A bill to be entitled 2 An act relating to enterprise zones; creating s. 3 290.00725, F.S.; authorizing Martin County to apply to 4 the Office of Tourism, Trade, and Economic Development 5 for designation of one enterprise zone within a 6 specified area; exempting residential condominiums 7 from benefiting from incentives derived from state 8 enterprise zones; providing an application deadline; 9 specifying the area encompassed by the enterprise 10 zone; requiring that the office establish the initial 11 effective date of the enterprise zone; providing an 12 effective date. 13 14 Be It Enacted by the Legislature of the State of Florida: 15 16 Section 1. Section 290.00725, Florida Statutes, is created 17 to read: 18 290.00725 Enterprise zone designation for Martin County. 19 Martin County may apply to the Office of Tourism, Trade, and 20 Economic Development for designation of one enterprise zone for 21 an area within Martin County, encompassing an area not to exceed 22 10 square miles. Such area shall consist of land within the 23 primary urban services boundary and shall focus primarily on 24 Indiantown, but shall exclude property owned by Florida Power 25 and Light to the west, two areas to the north designated as 26 estate residential, and the county-owned Timer Powers 27 recreational area. Within the enterprise zone, residential 28 condominiums shall be exempt from benefiting from incentives 29 derived from state enterprise zones, unless prohibited by state 30 law. The application must be submitted by December 31, 2009, and 31 must comply with the requirements of s. 290.0055. 32 Notwithstanding the provisions of s. 290.0065, limiting the 33 total number of enterprise zones designated and the number of 34 enterprise zones within a population category, the Office of 35 Tourism, Trade, and Economic Development may designate one 36 enterprise zone under this section. The Office of Tourism, 37 Trade, and Economic Development shall establish the initial 38 effective date of the enterprise zone designated pursuant to 39 this section. 40 Section 2. This act shall take effect upon becoming a law.