Florida Senate - 2009                        COMMITTEE AMENDMENT
       Bill No. PCS (254988) for SB 38-A
       
       
       
       
       
       
                                Barcode 292422                          
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
                  Comm: RCS            .                                
                  01/07/2009           .                                
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       The Committee on Transportation and Economic Development
       Appropriations (Storms) recommended the following:
       
    1         Senate Amendment 
    2         
    3         Delete lines 269 - 280
    4  and insert:
    5         (4)(a) To be eligible for assistance under the pilot
    6  program, a business must be a for-profit, privately held,
    7  investment-grade business that employs at least 10 persons but
    8  not more than 50 persons, has maintained its principal place of
    9  business in the state for at least the previous 2 years,
   10  generates at least $1 million but not more than $25 million in
   11  annual revenue, qualifies for the tax refund program for
   12  qualified target industry businesses under s. 288.106, and
   13  during 3 of the previous 5 years, has steadily increased its
   14  number of full-time equivalent employees in this state and has
   15  steadily increased its gross revenues.
   16