HB 669

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 the
4	Office of Tourism, Trade, and Economic Development for
5	designation of an enterprise zone; providing application
6	requirements; authorizing the office to designate an
7	enterprise zone in Martin County; providing
8	responsibilities of the office; providing an effective
9	date.
10
11	Be It Enacted by the Legislature of the State of Florida:
12
13	Section 1.  Section 290.00725, Florida Statutes, is created
14	to read:
15	290.00725  Enterprise zone designation for Martin
16	County.--Martin County may apply to the Office of Tourism,
17	Trade, and Economic Development for designation of one
18	enterprise zone for an area within Martin County, which zone
19	shall encompass an area up to 10 square miles consisting of land
20	within the primary urban services boundary and focusing on
21	Indiantown, but excluding property owned by Florida Power and
22	Light to the west, two areas to the north designated as estate
23	residential, and the county-owned Timer Powers Recreational
24	Area. Within the designated enterprise zone, Martin County shall
25	exempt residential condominiums from benefiting from state
26	enterprise zone incentives, unless prohibited by law. The
27	application must be submitted by December 31, 2009, and must
28	comply with the requirements of s. 290.0055. Notwithstanding s.
29	290.0065 limiting the total number of enterprise zones
30	designated and the number of enterprise zones within a
31	population category, the Office of Tourism, Trade, and Economic
32	Development may designate one enterprise zone under this
33	section. The Office of Tourism, Trade, and Economic Development
34	shall establish the initial effective date of the enterprise
35	zone designated pursuant to this section.
36	Section 2.  This act shall take effect July 1, 2009.

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