| 1 | A bill to be entitled |
| 2 | An act relating to economic development; amending s. |
| 3 | 125.045, F.S.; requiring an agency or entity that receives |
| 4 | county funds for economic development purposes pursuant to |
| 5 | a contract to submit a report on the use of the funds; |
| 6 | requiring the county to include the report in its annual |
| 7 | financial audit; requiring counties to report on the |
| 8 | provision of economic development incentives to businesses |
| 9 | to the Legislative Committee on Intergovernmental |
| 10 | Relations or successor entity; amending s. 159.803, F.S.; |
| 11 | conforming a cross-reference; amending s. 166.021, F.S.; |
| 12 | requiring an agency or entity that receives municipal |
| 13 | funds for economic development purposes pursuant to a |
| 14 | contract to submit a report on the use of the funds; |
| 15 | requiring the municipality to include the report in its |
| 16 | annual financial audit; requiring municipalities to report |
| 17 | on the provision of economic development incentives to |
| 18 | businesses to the Legislative Committee on |
| 19 | Intergovernmental Relations or successor entity; amending |
| 20 | s. 196.1995, F.S.; authorizing counties and municipalities |
| 21 | to extend economic development ad valorem tax exemptions |
| 22 | under certain circumstances; amending s. 212.20, F.S.; |
| 23 | providing for distribution of proceeds of the sales and |
| 24 | use tax and certain other taxes to the National Swimming |
| 25 | Center at Cape Coral, subject to legislative |
| 26 | appropriation; amending s. 220.191, F.S.; conforming |
| 27 | cross-references; amending s. 288.018, F.S.; revising the |
| 28 | allowable uses for matching grants awarded under the |
| 29 | Regional Rural Development Grants Program; amending s. |
| 30 | 288.1045, F.S.; revising the definition of the term "jobs" |
| 31 | for purposes of the qualified defense contractor and space |
| 32 | flight business tax refund program; amending s. 288.106, |
| 33 | F.S.; providing legislative findings and declarations; |
| 34 | revising and providing definitions; revising the amounts |
| 35 | of tax refund payments allowable under the tax refund |
| 36 | program for qualified target industry businesses; revising |
| 37 | criteria for the waiver of wage requirements under the tax |
| 38 | refund program for qualified target industry businesses; |
| 39 | establishing a schedule for the Office of Tourism, Trade, |
| 40 | and Economic Development to review and revise the list of |
| 41 | target industries and submit a report to the Governor and |
| 42 | Legislature; revising the criteria for evaluating |
| 43 | applications for the program; requiring consideration of |
| 44 | the state's return on investment in evaluating |
| 45 | applications for participation in the program; requiring |
| 46 | the Office of Economic and Demographic Research to submit |
| 47 | reports to the Legislature evaluating the calculation of |
| 48 | the state's return on investment for the program; |
| 49 | requiring that additional provisions be included in tax |
| 50 | refund agreements; redesignating the economic-stimulus |
| 51 | exemption as the "economic recovery extension"; revising |
| 52 | the date by which qualified target industry businesses may |
| 53 | request economic recovery extensions; authorizing waiver |
| 54 | of a requirement that qualified target industry businesses |
| 55 | annually provide proof of taxes paid under certain |
| 56 | conditions; requiring the Office of Tourism, Trade, and |
| 57 | Economic Development to submit reports to the Governor and |
| 58 | Legislature concerning the failure of qualified target |
| 59 | industry businesses to complete their tax refund |
| 60 | agreements; deleting obsolete provisions; revising the |
| 61 | date by which a target industry business may be certified |
| 62 | as qualified for the program; conforming cross-references; |
| 63 | amending s. 288.107, F.S.; revising the definition of the |
| 64 | term "jobs" for purposes of brownfield redevelopment bonus |
| 65 | refunds; conforming cross-references; amending s. 288.108, |
| 66 | F.S.; revising the definitions of the terms "eligible |
| 67 | high-impact business" and "jobs" for purposes of high- |
| 68 | impact sector performance grants; revising the guidelines |
| 69 | for negotiating the award of high-impact sector |
| 70 | performance grants; amending s. 288.1088, F.S.; revising |
| 71 | the process for legislative consultation and review of |
| 72 | Quick Action Closing Fund projects; authorizing certain |
| 73 | Quick Action Closing Fund businesses to request |
| 74 | renegotiation of their contracts; providing for review and |
| 75 | approval of the requests; providing for the return of |
| 76 | funds under certain circumstances; providing for the |
| 77 | reappropriation of returned funds; providing for |
| 78 | expiration; requiring that certain funds be placed in |
| 79 | reserve; providing for the release of funds; providing for |
| 80 | the reversion of funds; amending s. 288.1089, F.S.; |
| 81 | revising the definitions of the terms "jobs" and "rural |
| 82 | area" for purposes of the Innovation Incentive Program; |
| 83 | amending s. 290.00677, F.S.; conforming provisions to |
| 84 | changes made by the act; amending s. 373.441, F.S.; |
| 85 | revising provisions relating to adoption of rules relating |
| 86 | to permitting; requiring the Department of Environmental |
| 87 | Protection to adopt rules that authorize a local |
| 88 | government to petition the Governor and Cabinet for |
| 89 | certain delegation requests; requiring the Department of |
| 90 | Environmental Protection to detail the statutes or rules |
| 91 | that were not satisfied by a local government that made a |
| 92 | request for delegation and to detail actions that could be |
| 93 | taken to allow for delegation; authorizing a local |
| 94 | government to petition the Governor and Cabinet to review |
| 95 | the denial of a delegation request; providing for approval |
| 96 | of a delegation of authority that meets the requirements |
| 97 | of certain rule provisions; amending s. 403.061, F.S.; |
| 98 | directing the Department of Environmental Protection to |
| 99 | expand the use of online self-certification for certain |
| 100 | exemptions and permits; limiting the authority of local |
| 101 | governments to specify the method or form for documenting |
| 102 | that projects qualify for exemptions or permits; extending |
| 103 | the expiration dates of certain permits issued by the |
| 104 | Department of Environmental Protection or a water |
| 105 | management district; extending certain previously granted |
| 106 | buildout dates; requiring a permitholder to notify the |
| 107 | authorizing agency of its intended use of the extension; |
| 108 | exempting certain permits from eligibility for an |
| 109 | extension; providing for applicability of rules governing |
| 110 | permits; declaring that certain provisions do not impair |
| 111 | the authority of counties and municipalities under certain |
| 112 | circumstances; providing legislative intent; providing for |
| 113 | inventory of state-owned property; directing the |
| 114 | department to submit annual reports to the Governor and |
| 115 | Legislature concerning the disposition of such state-owned |
| 116 | property; requiring the installation of fuel tank upgrades |
| 117 | to secondary containment systems to be completed by |
| 118 | specified deadlines; providing for applicability; |
| 119 | requiring the department to adopt rules; providing |
| 120 | effective dates. |
| 121 |
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| 122 | Be It Enacted by the Legislature of the State of Florida: |
| 123 |
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| 124 | Section 1. Effective July 1, 2010, subsections (4) and (5) |
| 125 | are added to section 125.045, Florida Statutes, to read: |
| 126 | 125.045 County economic development powers.- |
| 127 | (4) A contract between the governing body of a county or |
| 128 | other entity engaged in economic development activities on |
| 129 | behalf of the county and an economic development agency must |
| 130 | require the agency or entity receiving county funds to submit a |
| 131 | report to the governing body of the county detailing how the |
| 132 | county funds are spent and detailing the results of the economic |
| 133 | development agency's or entity's efforts on behalf of the |
| 134 | county. The county shall include the report as an addendum to |
| 135 | the county's annual financial audit. |
| 136 | (5)(a) By January 15 of each year, beginning in 2011, each |
| 137 | county shall report to the Legislative Committee on |
| 138 | Intergovernmental Relations or its successor entity the economic |
| 139 | development incentives given to any business during the county's |
| 140 | previous fiscal year. Economic development incentives include: |
| 141 | 1. Direct financial incentives of monetary assistance |
| 142 | provided to a business from the county or through an |
| 143 | organization authorized by the county. Such incentives include |
| 144 | grants, loans, equity investments, loan insurance and |
| 145 | guarantees, and training subsidies. |
| 146 | 2. Indirect incentives in the form of grants and loans |
| 147 | provided to businesses and community organizations that provide |
| 148 | support to businesses or promote business investment or |
| 149 | development. |
| 150 | 3. Fee-based or tax-based incentives, including credits, |
| 151 | refunds, exemptions, and property tax abatement or assessment |
| 152 | reductions. |
| 153 | 4. Below-market rate leases or deeds for real property. |
| 154 | 5. Any other inducement provided to a business in order |
| 155 | for the business to create or retain jobs, relocate to or remain |
| 156 | in the county, or expand its current operations in the county. |
| 157 | (b) A county shall report its economic development |
| 158 | incentives in the format specified by the Legislative Committee |
| 159 | on Intergovernmental Relations or its successor entity. |
| 160 | (c) The Legislative Committee on Intergovernmental |
| 161 | Relations or its successor entity shall compile the economic |
| 162 | development incentives provided by each county in a manner that |
| 163 | shows the total of each class of economic development incentives |
| 164 | provided by each county and all counties. |
| 165 | (d) If a county does not provide any economic development |
| 166 | incentives during its previous fiscal year, the governing body |
| 167 | of the county must report to the Legislative Committee on |
| 168 | Intergovernmental Relations or its successor entity that the |
| 169 | county did not provide any incentives. |
| 170 | Section 2. Subsection (11) of section 159.803, Florida |
| 171 | Statutes, is amended to read: |
| 172 | 159.803 Definitions.-As used in this part, the term: |
| 173 | (11) "Florida First Business project" means any project |
| 174 | which is certified by the Office of Tourism, Trade, and Economic |
| 175 | Development as eligible to receive an allocation from the |
| 176 | Florida First Business allocation pool established pursuant to |
| 177 | s. 159.8083. The Office of Tourism, Trade, and Economic |
| 178 | Development may certify those projects meeting the criteria set |
| 179 | forth in s. 288.106(4)(3)(b) or any project providing a |
| 180 | substantial economic benefit to this state. |
| 181 | Section 3. Effective July 1, 2010, paragraph (d) of |
| 182 | subsection (9) of section 166.021, Florida Statutes, is |
| 183 | redesignated as paragraph (f) and amended, and new paragraphs |
| 184 | (d) and (e) are added to that subsection, to read: |
| 185 | 166.021 Powers.- |
| 186 | (9) |
| 187 | (d) A contract between the governing body of a |
| 188 | municipality or other entity engaged in economic development |
| 189 | activities on behalf of the municipality and an economic |
| 190 | development agency must require the agency or entity receiving |
| 191 | municipal funds to submit a report to the governing body of the |
| 192 | municipality detailing how the municipal funds are spent and |
| 193 | detailing the results of the economic development agency's or |
| 194 | entity's efforts on behalf of the municipality. The municipality |
| 195 | shall include the report as an addendum to the municipality's |
| 196 | annual financial audit. |
| 197 | (e)1. By January 15 of each year, beginning in 2011, each |
| 198 | municipality having annual revenues or expenditures greater than |
| 199 | $250,000 shall report to the Legislative Committee on |
| 200 | Intergovernmental Relations or its successor entity the economic |
| 201 | development incentives given to any business during the |
| 202 | municipality's previous fiscal year. Economic development |
| 203 | incentives include: |
| 204 | a. Direct financial incentives of monetary assistance |
| 205 | provided to a business from the municipality or through an |
| 206 | organization authorized by the municipality. Such incentives |
| 207 | include grants, loans, equity investments, loan insurance and |
| 208 | guarantees, and training subsidies. |
| 209 | b. Indirect incentives in the form of grants and loans |
| 210 | provided to businesses and community organizations that provide |
| 211 | support to businesses or promote business investment or |
| 212 | development. |
| 213 | c. Fee-based or tax-based incentives, including credits, |
| 214 | refunds, exemptions, and property tax abatement or assessment |
| 215 | reductions. |
| 216 | d. Below-market rate leases or deeds for real property. |
| 217 | e. Any other inducement provided to a business in order |
| 218 | for the business to create or retain jobs, relocate to or remain |
| 219 | in the municipality, or expand its current operations in the |
| 220 | municipality. |
| 221 | 2. A municipality shall report its economic development |
| 222 | incentives in the format specified by the Legislative Committee |
| 223 | on Intergovernmental Relations or its successor entity. |
| 224 | 3. The Legislative Committee on Intergovernmental |
| 225 | Relations or its successor entity shall compile the economic |
| 226 | development incentives provided by each municipality in a manner |
| 227 | that shows the total of each class of economic development |
| 228 | incentives provided by each municipality and all municipalities. |
| 229 | 4. If a municipality does not provide any economic |
| 230 | development incentives during its previous fiscal year, the |
| 231 | governing body of the municipality must report to the |
| 232 | Legislative Committee on Intergovernmental Relations or its |
| 233 | successor entity that the municipality did not provide any |
| 234 | incentives. |
| 235 | (f)(d) Nothing contained in This subsection does not limit |
| 236 | shall be construed as a limitation on the home rule powers |
| 237 | granted by the State Constitution to for municipalities. |
| 238 | Section 4. Subsection (7) of section 196.1995, Florida |
| 239 | Statutes, is amended to read: |
| 240 | 196.1995 Economic development ad valorem tax exemption.- |
| 241 | (7) The authority to grant exemptions under this section |
| 242 | expires will expire 10 years after the date such authority was |
| 243 | approved in an election, but such authority may be renewed for |
| 244 | subsequent another 10-year periods if each 10-year renewal is |
| 245 | approved period in a referendum called and held pursuant to this |
| 246 | section. |
| 247 | Section 5. Paragraph (d) of subsection (6) of section |
| 248 | 212.20, Florida Statutes, is amended to read: |
| 249 | 212.20 Funds collected, disposition; additional powers of |
| 250 | department; operational expense; refund of taxes adjudicated |
| 251 | unconstitutionally collected.- |
| 252 | (6) Distribution of all proceeds under this chapter and s. |
| 253 | 202.18(1)(b) and (2)(b) shall be as follows: |
| 254 | (d) The proceeds of all other taxes and fees imposed |
| 255 | pursuant to this chapter or remitted pursuant to s. 202.18(1)(b) |
| 256 | and (2)(b) shall be distributed as follows: |
| 257 | 1. In any fiscal year, the greater of $500 million, minus |
| 258 | an amount equal to 4.6 percent of the proceeds of the taxes |
| 259 | collected pursuant to chapter 201, or 5.2 percent of all other |
| 260 | taxes and fees imposed pursuant to this chapter or remitted |
| 261 | pursuant to s. 202.18(1)(b) and (2)(b) shall be deposited in |
| 262 | monthly installments into the General Revenue Fund. |
| 263 | 2. After the distribution under subparagraph 1., 8.814 |
| 264 | percent of the amount remitted by a sales tax dealer located |
| 265 | within a participating county pursuant to s. 218.61 shall be |
| 266 | transferred into the Local Government Half-cent Sales Tax |
| 267 | Clearing Trust Fund. Beginning July 1, 2003, the amount to be |
| 268 | transferred shall be reduced by 0.1 percent, and the department |
| 269 | shall distribute this amount to the Public Employees Relations |
| 270 | Commission Trust Fund less $5,000 each month, which shall be |
| 271 | added to the amount calculated in subparagraph 3. and |
| 272 | distributed accordingly. |
| 273 | 3. After the distribution under subparagraphs 1.and 2., |
| 274 | 0.095 percent shall be transferred to the Local Government Half- |
| 275 | cent Sales Tax Clearing Trust Fund and distributed pursuant to |
| 276 | s. 218.65. |
| 277 | 4. After the distributions under subparagraphs 1., 2., and |
| 278 | 3., 2.0440 percent of the available proceeds shall be |
| 279 | transferred monthly to the Revenue Sharing Trust Fund for |
| 280 | Counties pursuant to s. 218.215. |
| 281 | 5. After the distributions under subparagraphs 1., 2., and |
| 282 | 3., 1.3409 percent of the available proceeds shall be |
| 283 | transferred monthly to the Revenue Sharing Trust Fund for |
| 284 | Municipalities pursuant to s. 218.215. If the total revenue to |
| 285 | be distributed pursuant to this subparagraph is at least as |
| 286 | great as the amount due from the Revenue Sharing Trust Fund for |
| 287 | Municipalities and the former Municipal Financial Assistance |
| 288 | Trust Fund in state fiscal year 1999-2000, no municipality shall |
| 289 | receive less than the amount due from the Revenue Sharing Trust |
| 290 | Fund for Municipalities and the former Municipal Financial |
| 291 | Assistance Trust Fund in state fiscal year 1999-2000. If the |
| 292 | total proceeds to be distributed are less than the amount |
| 293 | received in combination from the Revenue Sharing Trust Fund for |
| 294 | Municipalities and the former Municipal Financial Assistance |
| 295 | Trust Fund in state fiscal year 1999-2000, each municipality |
| 296 | shall receive an amount proportionate to the amount it was due |
| 297 | in state fiscal year 1999-2000. |
| 298 | 6. Of the remaining proceeds: |
| 299 | a. In each fiscal year, the sum of $29,915,500 shall be |
| 300 | divided into as many equal parts as there are counties in the |
| 301 | state, and one part shall be distributed to each county. The |
| 302 | distribution among the several counties must begin each fiscal |
| 303 | year on or before January 5th and continue monthly for a total |
| 304 | of 4 months. If a local or special law required that any moneys |
| 305 | accruing to a county in fiscal year 1999-2000 under the then- |
| 306 | existing provisions of s. 550.135 be paid directly to the |
| 307 | district school board, special district, or a municipal |
| 308 | government, such payment must continue until the local or |
| 309 | special law is amended or repealed. The state covenants with |
| 310 | holders of bonds or other instruments of indebtedness issued by |
| 311 | local governments, special districts, or district school boards |
| 312 | before July 1, 2000, that it is not the intent of this |
| 313 | subparagraph to adversely affect the rights of those holders or |
| 314 | relieve local governments, special districts, or district school |
| 315 | boards of the duty to meet their obligations as a result of |
| 316 | previous pledges or assignments or trusts entered into which |
| 317 | obligated funds received from the distribution to county |
| 318 | governments under then-existing s. 550.135. This distribution |
| 319 | specifically is in lieu of funds distributed under s. 550.135 |
| 320 | before July 1, 2000. |
| 321 | b. The department shall distribute $166,667 monthly |
| 322 | pursuant to s. 288.1162 to each applicant that has been |
| 323 | certified as a "facility for a new professional sports |
| 324 | franchise" or a "facility for a retained professional sports |
| 325 | franchise" pursuant to s. 288.1162. Up to $41,667 shall be |
| 326 | distributed monthly by the department to each applicant that has |
| 327 | been certified as a "facility for a retained spring training |
| 328 | franchise" pursuant to s. 288.1162; however, not more than |
| 329 | $416,670 may be distributed monthly in the aggregate to all |
| 330 | certified facilities for a retained spring training franchise. |
| 331 | Distributions must begin 60 days following such certification |
| 332 | and shall continue for not more than 30 years. This paragraph |
| 333 | may not be construed to allow an applicant certified pursuant to |
| 334 | s. 288.1162 to receive more in distributions than actually |
| 335 | expended by the applicant for the public purposes provided for |
| 336 | in s. 288.1162(6). |
| 337 | c. Beginning 30 days after notice by the Office of |
| 338 | Tourism, Trade, and Economic Development to the Department of |
| 339 | Revenue that an applicant has been certified as the professional |
| 340 | golf hall of fame pursuant to s. 288.1168 and is open to the |
| 341 | public, $166,667 shall be distributed monthly, for up to 300 |
| 342 | months, to the applicant. |
| 343 | d. Beginning 30 days after notice by the Office of |
| 344 | Tourism, Trade, and Economic Development to the Department of |
| 345 | Revenue that the applicant has been certified as the |
| 346 | International Game Fish Association World Center facility |
| 347 | pursuant to s. 288.1169, and the facility is open to the public, |
| 348 | $83,333 shall be distributed monthly, for up to 168 months, to |
| 349 | the applicant. This distribution is subject to reduction |
| 350 | pursuant to s. 288.1169. A lump sum payment of $999,996 shall be |
| 351 | made, after certification and before July 1, 2000. |
| 352 | e. Subject to legislative appropriation, beginning July 1, |
| 353 | 2012, or upon the opening to the public of the National Swimming |
| 354 | Center at Cape Coral, whichever occurs later, $125,000 shall be |
| 355 | distributed monthly, for up to 240 months, to the National |
| 356 | Swimming Center at Cape Coral. |
| 357 | 7. All other proceeds must remain in the General Revenue |
| 358 | Fund. |
| 359 | Section 6. Paragraph (h) of subsection (1) of section |
| 360 | 220.191, Florida Statutes, is amended to read: |
| 361 | 220.191 Capital investment tax credit.- |
| 362 | (1) DEFINITIONS.-For purposes of this section: |
| 363 | (h) "Qualifying project" means: |
| 364 | 1. A new or expanding facility in this state which creates |
| 365 | at least 100 new jobs in this state and is in one of the high- |
| 366 | impact sectors identified by Enterprise Florida, Inc., and |
| 367 | certified by the office pursuant to s. 288.108(6), including, |
| 368 | but not limited to, aviation, aerospace, automotive, and silicon |
| 369 | technology industries; |
| 370 | 2. A new or expanded facility in this state which is |
| 371 | engaged in a target industry designated pursuant to the |
| 372 | procedure specified in s. 288.106(2)(t)(1)(o) and which is |
| 373 | induced by this credit to create or retain at least 1,000 jobs |
| 374 | in this state, provided that at least 100 of those jobs are new, |
| 375 | pay an annual average wage of at least 130 percent of the |
| 376 | average private sector wage in the area as defined in s. |
| 377 | 288.106(2)(1), and make a cumulative capital investment of at |
| 378 | least $100 million after July 1, 2005. Jobs may be considered |
| 379 | retained only if there is significant evidence that the loss of |
| 380 | jobs is imminent. Notwithstanding subsection (2), annual credits |
| 381 | against the tax imposed by this chapter shall not exceed 50 |
| 382 | percent of the increased annual corporate income tax liability |
| 383 | or the premium tax liability generated by or arising out of a |
| 384 | project qualifying under this subparagraph. A facility that |
| 385 | qualifies under this subparagraph for an annual credit against |
| 386 | the tax imposed by this chapter may take the tax credit for a |
| 387 | period not to exceed 5 years; or |
| 388 | 3. A new or expanded headquarters facility in this state |
| 389 | which locates in an enterprise zone and brownfield area and is |
| 390 | induced by this credit to create at least 1,500 jobs which on |
| 391 | average pay at least 200 percent of the statewide average annual |
| 392 | private sector wage, as published by the Agency for Workforce |
| 393 | Innovation or its successor, and which new or expanded |
| 394 | headquarters facility makes a cumulative capital investment in |
| 395 | this state of at least $250 million. |
| 396 | Section 7. Subsection (1) of section 288.018, Florida |
| 397 | Statutes, is amended to read: |
| 398 | 288.018 Regional Rural Development Grants Program.- |
| 399 | (1) The Office of Tourism, Trade, and Economic Development |
| 400 | shall establish a matching grant program to provide funding to |
| 401 | regionally based economic development organizations representing |
| 402 | rural counties and communities for the purpose of building the |
| 403 | professional capacity of their organizations. Such matching |
| 404 | grants may also be used by an economic development organization |
| 405 | to provide technical assistance to businesses within the rural |
| 406 | counties and communities that it serves. The Office of Tourism, |
| 407 | Trade, and Economic Development is authorized to approve, on an |
| 408 | annual basis, grants to such regionally based economic |
| 409 | development organizations. The maximum amount an organization |
| 410 | may receive in any year will be $35,000, or $100,000 in a rural |
| 411 | area of critical economic concern recommended by the Rural |
| 412 | Economic Development Initiative and designated by the Governor, |
| 413 | and must be matched each year by an equivalent amount of |
| 414 | nonstate resources. |
| 415 | Section 8. Paragraph (j) of subsection (1) of section |
| 416 | 288.1045, Florida Statutes, is amended to read: |
| 417 | 288.1045 Qualified defense contractor and space flight |
| 418 | business tax refund program.- |
| 419 | (1) DEFINITIONS.-As used in this section: |
| 420 | (j) "Jobs" means full-time equivalent positions, |
| 421 | including, but not limited to, positions obtained from a |
| 422 | temporary employment agency or employee leasing company or |
| 423 | through a union agreement or coemployment under a professional |
| 424 | employer organization agreement, that consistent with the use of |
| 425 | such terms by the Agency for Workforce Innovation for the |
| 426 | purpose of unemployment compensation tax, created or retained as |
| 427 | a direct result directly from of a project in this state. This |
| 428 | number does not include temporary construction jobs involved |
| 429 | with the construction of facilities for the project. |
| 430 | Section 9. Section 288.106, Florida Statutes, is amended |
| 431 | to read: |
| 432 | 288.106 Tax refund program for qualified target industry |
| 433 | businesses.- |
| 434 | (1) LEGISLATIVE FINDINGS AND DECLARATIONS.-The Legislature |
| 435 | finds that retaining and expanding existing businesses in the |
| 436 | state, encouraging the creation of new businesses in the state, |
| 437 | attracting new businesses from outside the state, and generally |
| 438 | providing conditions favorable for the growth of target |
| 439 | industries creates high-quality, high-wage employment |
| 440 | opportunities for residents of the state and strengthens the |
| 441 | state's economic foundation. The Legislature also finds that |
| 442 | incentives narrowly focused in application and scope tend to be |
| 443 | more effective in achieving the state's economic development |
| 444 | goals. The Legislature further finds that higher-wage jobs |
| 445 | reduce the state's share of hidden costs, such as public |
| 446 | assistance and subsidized health care associated with low-wage |
| 447 | jobs. Therefore, the Legislature declares that it is the policy |
| 448 | of the state to encourage the growth of higher-wage jobs and a |
| 449 | diverse economic base by providing state tax refunds to |
| 450 | qualified target industry businesses that originate or expand in |
| 451 | the state or that relocate to the state. |
| 452 | (2)(1) DEFINITIONS.-As used in this section, the term: |
| 453 | (a) "Account" means the Economic Development Incentives |
| 454 | Account within the Economic Development Trust Fund established |
| 455 | under s. 288.095. |
| 456 | (b)(u) "Authorized local economic development agency" |
| 457 | means a any public or private entity, including an entity those |
| 458 | defined in s. 288.075, authorized by a county or municipality to |
| 459 | promote the general business or industrial interests of that |
| 460 | county or municipality. |
| 461 | (c)(b) "Average private sector wage in the area" means the |
| 462 | statewide private sector average wage or the average of all |
| 463 | private sector wages and salaries in the county or in the |
| 464 | standard metropolitan area in which the business is located. |
| 465 | (d)(c) "Business" means an employing unit, as defined in |
| 466 | s. 443.036, that which is registered for unemployment |
| 467 | compensation purposes with the state agency providing |
| 468 | unemployment tax collection services under contract with the |
| 469 | Agency for Workforce Innovation through an interagency agreement |
| 470 | pursuant to s. 443.1316, or a subcategory or division of an |
| 471 | employing unit that which is accepted by the state agency |
| 472 | providing unemployment tax collection services as a reporting |
| 473 | unit. |
| 474 | (e)(d) "Corporate headquarters business" means an |
| 475 | international, national, or regional headquarters office of a |
| 476 | multinational or multistate business enterprise or national |
| 477 | trade association, whether separate from or connected with other |
| 478 | facilities used by such business. |
| 479 | (f)(n) "Director" means the Director of the Office of |
| 480 | Tourism, Trade, and Economic Development. |
| 481 | (g)(f) "Enterprise zone" means an area designated as an |
| 482 | enterprise zone pursuant to s. 290.0065. |
| 483 | (h)(g) "Expansion of an existing business" means the |
| 484 | expansion of an existing Florida business by or through |
| 485 | additions to real and personal property, resulting in a net |
| 486 | increase in employment of not less than 10 percent at such |
| 487 | business. |
| 488 | (i)(h) "Fiscal year" means the fiscal year of the state. |
| 489 | (j)(i) "Jobs" means full-time equivalent positions, |
| 490 | including, but not limited to, positions obtained from a |
| 491 | temporary employment agency or employee leasing company or |
| 492 | through a union agreement or coemployment under a professional |
| 493 | employer organization agreement, that result as that term is |
| 494 | consistent with terms used by the Agency for Workforce |
| 495 | Innovation and the United States Department of Labor for |
| 496 | purposes of unemployment compensation tax administration and |
| 497 | employment estimation, resulting directly from a project in this |
| 498 | state. The term does not include temporary construction jobs |
| 499 | involved with the construction of facilities for the project or |
| 500 | any jobs previously included in any application for tax refunds |
| 501 | under s. 288.1045 or this section. |
| 502 | (k)(j) "Local financial support" means funding from local |
| 503 | sources, public or private, that which is paid to the Economic |
| 504 | Development Trust Fund and that which is equal to 20 percent of |
| 505 | the annual tax refund for a qualified target industry business. |
| 506 | A qualified target industry business may not provide, directly |
| 507 | or indirectly, more than 5 percent of such funding in any fiscal |
| 508 | year. The sources of such funding may not include, directly or |
| 509 | indirectly, state funds appropriated from the General Revenue |
| 510 | Fund or any state trust fund, excluding tax revenues shared with |
| 511 | local governments pursuant to law. |
| 512 | (l)(k) "Local financial support exemption option" means |
| 513 | the option to exercise an exemption from the local financial |
| 514 | support requirement available to any applicant whose project is |
| 515 | located in a brownfield area, a rural city, or a rural community |
| 516 | county with a population of 75,000 or fewer or a county with a |
| 517 | population of 125,000 or fewer which is contiguous to a county |
| 518 | with a population of 75,000 or fewer. Any applicant that |
| 519 | exercises this option is shall not be eligible for more than 80 |
| 520 | percent of the total tax refunds allowed such applicant under |
| 521 | this section. |
| 522 | (m)(l) "New business" means a business that applies for a |
| 523 | tax refund under this section before beginning operations which |
| 524 | heretofore did not exist in this state, first beginning |
| 525 | operations on a site located in this state and that is a legal |
| 526 | entity clearly separate from any other commercial or industrial |
| 527 | operations owned by the same business. |
| 528 | (n)(e) "Office" means the Office of Tourism, Trade, and |
| 529 | Economic Development. |
| 530 | (o)(m) "Project" means the creation of a new business or |
| 531 | expansion of an existing business. |
| 532 | (p)(q) "Qualified target industry business" means a target |
| 533 | industry business that has been approved by the office director |
| 534 | to be eligible for tax refunds under pursuant to this section. |
| 535 | (q) "Return on investment" means the gain in state |
| 536 | revenues as a percentage of the state's investment. The state's |
| 537 | investment includes state grants, tax exemptions, tax refunds, |
| 538 | tax credits, and other state incentives. |
| 539 | (r) "Rural county" means a county with a population of |
| 540 | 75,000 or fewer or a county with a population of 100,000 or |
| 541 | fewer which is contiguous to a county with a population of |
| 542 | 75,000 or fewer. |
| 543 | (r)(s) "Rural city" means a city having with a population |
| 544 | of 10,000 or fewer less, or a city having with a population of |
| 545 | greater than 10,000 but fewer less than 20,000 that which has |
| 546 | been determined by the office of Tourism, Trade, and Economic |
| 547 | Development to have economic characteristics such as, but not |
| 548 | limited to, a significant percentage of residents on public |
| 549 | assistance, a significant percentage of residents with income |
| 550 | below the poverty level, or a significant percentage of the |
| 551 | city's employment base in agriculture-related industries. |
| 552 | (s)(t) "Rural community" means: |
| 553 | 1. A county having with a population of 75,000 or fewer. |
| 554 | 2. A county having with a population of 125,000 or fewer |
| 555 | that which is contiguous to a county having with a population of |
| 556 | 75,000 or fewer. |
| 557 | 3. A municipality within a county described in |
| 558 | subparagraph 1. or subparagraph 2. |
| 559 |
|
| 560 | For purposes of this paragraph, population shall be determined |
| 561 | in accordance with the most recent official estimate pursuant to |
| 562 | s. 186.901. |
| 563 | (t)(o) "Target industry business" means a corporate |
| 564 | headquarters business or any business that is engaged in one of |
| 565 | the target industries identified pursuant to the following |
| 566 | criteria developed by the office in consultation with Enterprise |
| 567 | Florida, Inc.: |
| 568 | 1. Future growth.-Industry forecasts should indicate |
| 569 | strong expectation for future growth in both employment and |
| 570 | output, according to the most recent available data. Special |
| 571 | consideration should be given to businesses that export goods |
| 572 | Florida's growing access to, or provide services in, |
| 573 | international markets and businesses that replace domestic and |
| 574 | international or to replacing imports of goods or services. |
| 575 | 2. Stability.-The industry should not be subject to |
| 576 | periodic layoffs, whether due to seasonality or sensitivity to |
| 577 | volatile economic variables such as weather. The industry should |
| 578 | also be relatively resistant to recession, so that the demand |
| 579 | for products of this industry is not typically necessarily |
| 580 | subject to decline during an economic downturn. |
| 581 | 3. High wage.-The industry should pay relatively high |
| 582 | wages compared to statewide or area averages. |
| 583 | 4. Market and resource independent.-The location of |
| 584 | industry businesses should not be dependent on Florida markets |
| 585 | or resources as indicated by industry analysis, except for |
| 586 | businesses in the renewable energy industry. Special |
| 587 | consideration should be given to the development of strong |
| 588 | industrial clusters which include defense and homeland security |
| 589 | businesses. |
| 590 | 5. Industrial base diversification and strengthening.-The |
| 591 | industry should contribute toward expanding or diversifying the |
| 592 | state's or area's economic base, as indicated by analysis of |
| 593 | employment and output shares compared to national and regional |
| 594 | trends. Special consideration should be given to industries that |
| 595 | strengthen regional economies by adding value to basic products |
| 596 | or building regional industrial clusters as indicated by |
| 597 | industry analysis. Special consideration should also be given to |
| 598 | the development of strong industrial clusters that include |
| 599 | defense and homeland security businesses. |
| 600 | 6. Economic benefits.-The industry is expected to should |
| 601 | have strong positive impacts on or benefits to the state or and |
| 602 | regional economies. |
| 603 |
|
| 604 | The term does office, in consultation with Enterprise Florida, |
| 605 | Inc., shall develop a list of such target industries annually |
| 606 | and submit such list as part of the final agency legislative |
| 607 | budget request submitted pursuant to s. 216.023(1). A target |
| 608 | industry business may not include any business industry engaged |
| 609 | in retail industry activities; any electrical utility company; |
| 610 | any phosphate or other solid minerals severance, mining, or |
| 611 | processing operation; any oil or gas exploration or production |
| 612 | operation; or any business firm subject to regulation by the |
| 613 | Division of Hotels and Restaurants of the Department of Business |
| 614 | and Professional Regulation. By January 1 of every 3rd year, |
| 615 | beginning January 1, 2011, the office, in consultation with |
| 616 | Enterprise Florida, Inc., economic development organizations, |
| 617 | the State University System, local governments, employee and |
| 618 | employer organizations, market analysts, and economists, shall |
| 619 | review and, as appropriate, revise the list of such target |
| 620 | industries and submit the list to the Governor, the President of |
| 621 | the Senate, and the Speaker of the House of Representatives. |
| 622 | (u)(p) "Taxable year" means taxable year as defined in s. |
| 623 | 220.03(1)(y). |
| 624 | (3)(2) TAX REFUND; ELIGIBLE AMOUNTS.- |
| 625 | (a) There shall be allowed, from the account, a refund to |
| 626 | a qualified target industry business for the amount of eligible |
| 627 | taxes certified by the office that director which were paid by |
| 628 | the such business. The total amount of refunds for all fiscal |
| 629 | years for each qualified target industry business must be |
| 630 | determined pursuant to subsection (4) (3). The annual amount of |
| 631 | a refund to a qualified target industry business must be |
| 632 | determined pursuant to subsection (6) (5). |
| 633 | (b)1. Upon approval by the office director, a qualified |
| 634 | target industry business shall be allowed tax refund payments |
| 635 | equal to $3,000 multiplied by times the number of jobs specified |
| 636 | in the tax refund agreement under subparagraph (5)(4)(a)1., or |
| 637 | equal to $6,000 multiplied by times the number of jobs if the |
| 638 | project is located in a rural community county or an enterprise |
| 639 | zone. |
| 640 | 2.a. Further, A qualified target industry business shall |
| 641 | be allowed additional tax refund payments equal to $1,000 |
| 642 | multiplied by times the number of jobs specified in the tax |
| 643 | refund agreement under subparagraph (5)(4)(a)1., if such jobs |
| 644 | pay an annual average wage of at least 150 percent of the |
| 645 | average private sector wage in the area or if the local |
| 646 | financial support is equal to that of the state's incentive |
| 647 | award under subparagraph 1., or equal to $2,000 multiplied by |
| 648 | times the number of jobs if such jobs pay an annual average wage |
| 649 | of at least 200 percent of the average private sector wage in |
| 650 | the area. |
| 651 | b. In addition to the payments authorized in this |
| 652 | paragraph, a qualified target industry business shall be allowed |
| 653 | a tax refund payment equal to $2,000 multiplied by the number of |
| 654 | jobs specified in the tax refund agreement under subparagraph |
| 655 | (5)(a)1. if the business: |
| 656 | (I) Falls within one of the high-impact sectors designated |
| 657 | under s. 288.108; or |
| 658 | (II) Increases exports of its goods through a seaport or |
| 659 | airport in the state by at least 10 percent in value or tonnage |
| 660 | in each of the years that the business receives a tax refund |
| 661 | under this section. For purposes of this sub-sub-subparagraph, |
| 662 | seaports in the state are limited to the ports of Jacksonville, |
| 663 | Tampa, Port Everglades, Miami, Port Canaveral, Ft. Pierce, Palm |
| 664 | Beach, Port Manatee, Port St. Joe, Panama City, St. Petersburg, |
| 665 | Pensacola, Fernandina, and Key West. |
| 666 | (c) A qualified target industry business may not receive |
| 667 | refund payments of more than 25 percent of the total tax refunds |
| 668 | specified in the tax refund agreement under subparagraph |
| 669 | (5)(4)(a)1. in any fiscal year. Further, a qualified target |
| 670 | industry business may not receive more than $1.5 million in |
| 671 | refunds under this section in any single fiscal year, or more |
| 672 | than $2.5 million in any single fiscal year if the project is |
| 673 | located in an enterprise zone. A qualified target industry |
| 674 | business may not receive more than $5 million in refund payments |
| 675 | under this section in all fiscal years, or more than $7.5 |
| 676 | million if the project is located in an enterprise zone. Funds |
| 677 | made available pursuant to this section may not be expended in |
| 678 | connection with the relocation of a business from one community |
| 679 | to another community in this state unless the Office of Tourism, |
| 680 | Trade, and Economic Development determines that without such |
| 681 | relocation the business will move outside this state or |
| 682 | determines that the business has a compelling economic rationale |
| 683 | for the relocation and that the relocation will create |
| 684 | additional jobs. |
| 685 | (d)(c) After entering into a tax refund agreement under |
| 686 | subsection (5) (4), a qualified target industry business may: |
| 687 | 1. Receive refunds from the account for the following |
| 688 | taxes due and paid by that business beginning with the first |
| 689 | taxable year of the business that which begins after entering |
| 690 | into the agreement: |
| 691 | a. Corporate income taxes under chapter 220. |
| 692 | b. Insurance premium tax under s. 624.509. |
| 693 | 2. Receive refunds from the account for the following |
| 694 | taxes due and paid by that business after entering into the |
| 695 | agreement: |
| 696 | a. Taxes on sales, use, and other transactions under |
| 697 | chapter 212. |
| 698 | b. Intangible personal property taxes under chapter 199. |
| 699 | c. Emergency excise taxes under chapter 221. |
| 700 | d. Excise taxes on documents under chapter 201. |
| 701 | e. Ad valorem taxes paid, as defined in s. 220.03(1). |
| 702 | f. State communications services taxes administered under |
| 703 | chapter 202. This provision does not apply to the gross receipts |
| 704 | tax imposed under chapter 203 and administered under chapter 202 |
| 705 | or the local communications services tax authorized under s. |
| 706 | 202.19. |
| 707 |
|
| 708 | The addition of state communications services taxes administered |
| 709 | under chapter 202 is remedial in nature and retroactive to |
| 710 | October 1, 2001. The office may make supplemental tax refund |
| 711 | payments to allow for tax refunds for communications services |
| 712 | taxes paid by an eligible qualified target industry business |
| 713 | after October 1, 2001. |
| 714 | (e)(d) However, a qualified target industry business may |
| 715 | not receive a refund under this section for any amount of |
| 716 | credit, refund, or exemption previously granted to that business |
| 717 | for any of the such taxes listed in paragraph (d). If a refund |
| 718 | for such taxes is provided by the office, which taxes are |
| 719 | subsequently adjusted by the application of any credit, refund, |
| 720 | or exemption granted to the qualified target industry business |
| 721 | other than as provided in this section, the business shall |
| 722 | reimburse the account for the amount of that credit, refund, or |
| 723 | exemption. A qualified target industry business shall notify and |
| 724 | tender payment to the office within 20 days after receiving any |
| 725 | credit, refund, or exemption other than one provided in this |
| 726 | section. |
| 727 | (f) Refunds made available under this section may not be |
| 728 | expended in connection with the relocation of a business from |
| 729 | one community to another community in the state unless the |
| 730 | office determines that, without such relocation, the business |
| 731 | will move outside the state or determines that the business has |
| 732 | a compelling economic rationale for relocation and that the |
| 733 | relocation will create additional jobs. |
| 734 | (g)(e) A qualified target industry business that |
| 735 | fraudulently claims a refund under this section: |
| 736 | 1. Is liable for repayment of the amount of the refund to |
| 737 | the account, plus a mandatory penalty in the amount of 200 |
| 738 | percent of the tax refund which shall be deposited into the |
| 739 | General Revenue Fund. |
| 740 | 2. Commits Is guilty of a felony of the third degree, |
| 741 | punishable as provided in s. 775.082, s. 775.083, or s. 775.084. |
| 742 | (4)(3) APPLICATION AND APPROVAL PROCESS.- |
| 743 | (a) To apply for certification as a qualified target |
| 744 | industry business under this section, the business must file an |
| 745 | application with the office before the business decides has made |
| 746 | the decision to locate a new business in this state or before |
| 747 | the business decides had made the decision to expand its an |
| 748 | existing operations business in this state. The application must |
| 749 | shall include, but need is not be limited to, the following |
| 750 | information: |
| 751 | 1. The applicant's federal employer identification number |
| 752 | and, if applicable, the applicant's state sales tax registration |
| 753 | number. |
| 754 | 2. The proposed permanent location of the applicant's |
| 755 | facility in this state at which the project is or is to be |
| 756 | located. |
| 757 | 3. A description of the type of business activity or |
| 758 | product covered by the project, including a minimum of a five- |
| 759 | digit NAICS code for all activities included in the project. As |
| 760 | used in this paragraph, "NAICS" means those classifications |
| 761 | contained in the North American Industry Classification System, |
| 762 | as published in 2007 by the Office of Management and Budget, |
| 763 | Executive Office of the President, and updated periodically. |
| 764 | 4. The proposed number of net new full-time equivalent |
| 765 | Florida jobs at the qualified target industry business as of |
| 766 | December 31 of each year included in the project and the average |
| 767 | wage of those jobs. If more than one type of business activity |
| 768 | or product is included in the project, the number of jobs and |
| 769 | average wage for those jobs must be separately stated for each |
| 770 | type of business activity or product. |
| 771 | 5. The total number of full-time equivalent employees |
| 772 | employed by the applicant in this state, if applicable. |
| 773 | 6. The anticipated commencement date of the project. |
| 774 | 7. A brief statement explaining concerning the role that |
| 775 | the estimated tax refunds to be requested will play in the |
| 776 | decision of the applicant to locate or expand in this state. |
| 777 | 8. An estimate of the proportion of the sales resulting |
| 778 | from the project that will be made outside this state. |
| 779 | 9. A resolution adopted by the governing board of the |
| 780 | county or municipality in which the project will be located, |
| 781 | which resolution recommends that the project certain types of |
| 782 | businesses be approved as a qualified target industry business |
| 783 | and specifies states that the commitments of local financial |
| 784 | support necessary for the target industry business exist. Before |
| 785 | In advance of the passage of such resolution, the office may |
| 786 | also accept an official letter from an authorized local economic |
| 787 | development agency that endorses the proposed target industry |
| 788 | project and pledges that sources of local financial support for |
| 789 | such project exist. For the purposes of making pledges of local |
| 790 | financial support under this subparagraph subsection, the |
| 791 | authorized local economic development agency shall be officially |
| 792 | designated by the passage of a one-time resolution by the local |
| 793 | governing board authority. |
| 794 | 10. Any additional information requested by the office. |
| 795 | (b) To qualify for review by the office, the application |
| 796 | of a target industry business must, at a minimum, establish the |
| 797 | following to the satisfaction of the office: |
| 798 | 1.a. The jobs proposed to be created provided under the |
| 799 | application, pursuant to subparagraph (a)4., must pay an |
| 800 | estimated annual average wage equaling at least 115 percent of |
| 801 | the average private sector wage in the area where the business |
| 802 | is to be located or the statewide private sector average wage. |
| 803 | In determining the average annual wage, the office shall include |
| 804 | only new proposed jobs, and wages for existing jobs shall be |
| 805 | excluded from this calculation. |
| 806 | b. The office may waive the average wage requirement at |
| 807 | the request of the local governing body recommending the project |
| 808 | and Enterprise Florida, Inc. The office may waive the wage |
| 809 | requirement may only be waived for a project located in a |
| 810 | brownfield area designated under s. 376.80, or in a rural city, |
| 811 | a rural community, or county or in an enterprise zone, or for a |
| 812 | manufacturing project at any location in the state if the jobs |
| 813 | proposed to be created pay an estimated annual average wage |
| 814 | equaling at least 100 percent of the average private sector wage |
| 815 | in the area where the business is to be located, and only if |
| 816 | when the merits of the individual project or the specific |
| 817 | circumstances in the community in relationship to the project |
| 818 | warrant such action. If the local governing body and Enterprise |
| 819 | Florida, Inc., make such a recommendation, it must be |
| 820 | transmitted in writing, and the specific justification for the |
| 821 | waiver recommendation must be explained. If the office director |
| 822 | elects to waive the wage requirement, the waiver must be stated |
| 823 | in writing, and the reasons for granting the waiver must be |
| 824 | explained. |
| 825 | 2. The target industry business's project must result in |
| 826 | the creation of at least 10 jobs at the such project and, in the |
| 827 | case of if an expansion of an existing business, must result in |
| 828 | a net increase in employment of at least 10 percent at the |
| 829 | business. Notwithstanding the definition of the term "expansion |
| 830 | of an existing business" in paragraph (1)(g), At the request of |
| 831 | the local governing body recommending the project and Enterprise |
| 832 | Florida, Inc., the office may waive this requirement for a |
| 833 | business define an "expansion of an existing business" in a |
| 834 | rural community or an enterprise zone as the expansion of a |
| 835 | business resulting in a net increase in employment of less than |
| 836 | 10 percent at such business if the merits of the individual |
| 837 | project or the specific circumstances in the community in |
| 838 | relationship to the project warrant such action. If the local |
| 839 | governing body and Enterprise Florida, Inc., make such a |
| 840 | request, the request must be transmitted in writing, and the |
| 841 | specific justification for the request must be explained. If the |
| 842 | office director elects to grant the request, the grant must be |
| 843 | stated in writing, and the reason for granting the request must |
| 844 | be explained. |
| 845 | 3. The business activity or product for the applicant's |
| 846 | project must be is within an industry or industries that have |
| 847 | been identified by the office as a target industry business to |
| 848 | be high-value-added industries that contributes contribute to |
| 849 | the area and to the economic growth of the state and the area in |
| 850 | which the business is located, that produces produce a higher |
| 851 | standard of living for residents of this state in the new global |
| 852 | economy, or that can be shown to make an equivalent contribution |
| 853 | to the area's area and state's economic progress. The director |
| 854 | must approve requests to waive the wage requirement for |
| 855 | brownfield areas designated under s. 376.80 unless it is |
| 856 | demonstrated that such action is not in the public interest. |
| 857 | (c) Each application meeting the requirements of paragraph |
| 858 | (b) must be submitted to the office for determination of |
| 859 | eligibility. The office shall review and evaluate each |
| 860 | application based on, but not limited to, the following |
| 861 | criteria: |
| 862 | 1. Expected contributions to the state's economy, |
| 863 | consistent with the state strategic economic development plan |
| 864 | adopted by Enterprise Florida, Inc., taking into account the |
| 865 | long-term effects of the project and of the applicant on the |
| 866 | state economy. |
| 867 | 2. The return on investment of the proposed award of tax |
| 868 | refunds under this section and the return on investment for |
| 869 | state incentives proposed for the project. The Office of |
| 870 | Economic and Demographic Research shall review and evaluate the |
| 871 | methodology and model used to calculate the return on investment |
| 872 | and report its findings by September 1 of every 3rd year, |
| 873 | beginning September 1, 2010, to the President of the Senate and |
| 874 | the Speaker of the House of Representatives economic benefit of |
| 875 | the jobs created by the project in this state, taking into |
| 876 | account the cost and average wage of each job created. |
| 877 | 3. The amount of capital investment to be made by the |
| 878 | applicant in this state. |
| 879 | 4. The local financial commitment and support for the |
| 880 | project. |
| 881 | 5. The effect of the project on the local community, |
| 882 | taking into account the unemployment rate in for the county |
| 883 | where the project will be located. |
| 884 | 6. The effect of the award any tax refunds granted |
| 885 | pursuant to this section on the viability of the project and the |
| 886 | probability that the project would will be undertaken in this |
| 887 | state if such tax refunds are granted to the applicant, taking |
| 888 | into account the expected long-term commitment of the applicant |
| 889 | to economic growth and employment in this state. |
| 890 | 7. The expected long-term commitment of the applicant to |
| 891 | economic growth and employment in to this state resulting from |
| 892 | the project. |
| 893 | 8. A review of the business's past activities in this |
| 894 | state or other states, including whether such business has been |
| 895 | subjected to criminal or civil fines and penalties. This |
| 896 | subparagraph does not require the disclosure of confidential |
| 897 | information. |
| 898 | (d) Applications shall be reviewed and certified pursuant |
| 899 | to s. 288.061. The office shall include in its review |
| 900 | projections of the tax refunds the business would be eligible to |
| 901 | receive in each fiscal year based on the creation and |
| 902 | maintenance of the net new Florida jobs specified in |
| 903 | subparagraph (a)4. as of December 31 of the preceding state |
| 904 | fiscal year. If appropriate, the office director shall enter |
| 905 | into a written agreement with the qualified target industry |
| 906 | business pursuant to subsection (5) (4). |
| 907 | (e) The office director may not certify any target |
| 908 | industry business as a qualified target industry business if the |
| 909 | value of tax refunds to be included in that letter of |
| 910 | certification exceeds the available amount of authority to |
| 911 | certify new businesses as determined in s. 288.095(3). However, |
| 912 | if the commitments of local financial support represent less |
| 913 | than 20 percent of the eligible tax refund payments, or to |
| 914 | otherwise preserve the viability and fiscal integrity of the |
| 915 | program, the office director may certify a qualified target |
| 916 | industry business to receive tax refund payments of less than |
| 917 | the allowable amounts specified in paragraph (3)(2)(b). A letter |
| 918 | of certification that approves an application must specify the |
| 919 | maximum amount of tax refund that will be available to the |
| 920 | qualified industry business in each fiscal year and the total |
| 921 | amount of tax refunds that will be available to the business for |
| 922 | all fiscal years. |
| 923 | (f) This section does not create a presumption that an |
| 924 | applicant will shall receive any tax refunds under this section. |
| 925 | However, the office may issue nonbinding opinion letters, upon |
| 926 | the request of prospective applicants, as to the applicants' |
| 927 | eligibility and the potential amount of refunds. |
| 928 | (5)(4) TAX REFUND AGREEMENT.- |
| 929 | (a) Each qualified target industry business must enter |
| 930 | into a written agreement with the office that which specifies, |
| 931 | at a minimum: |
| 932 | 1. The total number of full-time equivalent jobs in this |
| 933 | state that will be dedicated to the project, the average wage of |
| 934 | those jobs, the definitions that will apply for measuring the |
| 935 | achievement of these terms during the pendency of the agreement, |
| 936 | and a time schedule or plan for when such jobs will be in place |
| 937 | and active in this state. |
| 938 | 2. The maximum amount of tax refunds that which the |
| 939 | qualified target industry business is eligible to receive on the |
| 940 | project and the maximum amount of a tax refund that the |
| 941 | qualified target industry business is eligible to receive for |
| 942 | each fiscal year, based on the job creation and maintenance |
| 943 | schedule specified in subparagraph 1. |
| 944 | 3. That the office may review and verify the financial and |
| 945 | personnel records of the qualified target industry business to |
| 946 | ascertain whether that business is in compliance with this |
| 947 | section. |
| 948 | 4. The date by which, in each fiscal year, the qualified |
| 949 | target industry business may file a claim under subsection (6) |
| 950 | (5) to be considered to receive a tax refund in the following |
| 951 | fiscal year. |
| 952 | 5. That local financial support will be annually available |
| 953 | and will be paid to the account. The office director may not |
| 954 | enter into a written agreement with a qualified target industry |
| 955 | business if the local financial support resolution is not passed |
| 956 | by the local governing body authority within 90 days after the |
| 957 | office he or she has issued the letter of certification under |
| 958 | subsection (4) (3). |
| 959 | 6. That the office may conduct a review of the business to |
| 960 | evaluate whether the business is continuing to contribute to the |
| 961 | area's or state's economy. |
| 962 | 7. That in the event the business does not complete the |
| 963 | agreement, the business will provide the office with the reasons |
| 964 | the business was unable to complete the agreement. |
| 965 | (b) Compliance with the terms and conditions of the |
| 966 | agreement is a condition precedent for the receipt of a tax |
| 967 | refund each year. The failure to comply with the terms and |
| 968 | conditions of the tax refund agreement results in the loss of |
| 969 | eligibility for receipt of all tax refunds previously authorized |
| 970 | under this section and the revocation by the office director of |
| 971 | the certification of the business entity as a qualified target |
| 972 | industry business, unless the business is eligible to receive |
| 973 | and elects to accept a prorated refund under paragraph (6)(e) |
| 974 | (5)(d) or the office grants the business an economic recovery |
| 975 | extension economic-stimulus exemption. |
| 976 | 1. A qualified target industry business may submit, in |
| 977 | writing, a request to the office for an economic recovery |
| 978 | extension economic-stimulus exemption. The request must provide |
| 979 | quantitative evidence demonstrating how negative economic |
| 980 | conditions in the business's industry, the effects of the impact |
| 981 | of a named hurricane or tropical storm, or specific acts of |
| 982 | terrorism affecting the qualified target industry business have |
| 983 | prevented the business from complying with the terms and |
| 984 | conditions of its tax refund agreement. |
| 985 | 2. Upon receipt of a request under subparagraph 1., the |
| 986 | office has director shall have 45 days to notify the requesting |
| 987 | business, in writing, whether if its extension exemption has |
| 988 | been granted or denied. In determining whether if an extension |
| 989 | exemption should be granted, the office director shall consider |
| 990 | the extent to which negative economic conditions in the |
| 991 | requesting business's industry have occurred in the state or the |
| 992 | effects of the impact of a named hurricane or tropical storm or |
| 993 | specific acts of terrorism affecting the qualified target |
| 994 | industry business have prevented the business from complying |
| 995 | with the terms and conditions of its tax refund agreement. The |
| 996 | office shall consider current employment statistics for this |
| 997 | state by industry, including whether the business's industry had |
| 998 | substantial job loss during the prior year, when determining |
| 999 | whether an extension exemption shall be granted. |
| 1000 | 3. As a condition for receiving a prorated refund under |
| 1001 | paragraph (6)(e) (5)(d) or an economic recovery extension |
| 1002 | economic-stimulus exemption under this paragraph, a qualified |
| 1003 | target industry business must agree to renegotiate its tax |
| 1004 | refund agreement with the office to, at a minimum, ensure that |
| 1005 | the terms of the agreement comply with current law and office |
| 1006 | procedures governing application for and award of tax refunds. |
| 1007 | Upon approving the award of a prorated refund or granting an |
| 1008 | economic recovery extension economic-stimulus exemption, the |
| 1009 | office shall renegotiate the tax refund agreement |
| 1010 | business as required by this subparagraph. When |
| 1011 | agreement of a business receiving an economic |
| 1012 | economic-stimulus exemption, the office may extend the duration |
| 1013 | of the agreement for a period not to exceed 2 years. |
| 1014 | 4. A qualified target industry business may submit a |
| 1015 | request for an economic recovery extension economic-stimulus |
| 1016 | exemption to the office in lieu of any tax refund claim |
| 1017 | scheduled to be submitted after January 1, 2009, but before July |
| 1018 | 1, 2012 2011. |
| 1019 | 5. A qualified target industry business that receives an |
| 1020 | economic recovery extension economic-stimulus exemption may not |
| 1021 | receive a tax refund for the period covered by the extension |
| 1022 | exemption. |
| 1023 | (c) The agreement must be signed by the director and by an |
| 1024 | authorized officer of the qualified target industry business |
| 1025 | within 120 days after the issuance of the letter of |
| 1026 | certification under subsection (4) (3), but not before passage |
| 1027 | and receipt of the resolution of local financial support. The |
| 1028 | office may grant an extension of this period at the written |
| 1029 | request of the qualified target industry business. |
| 1030 | (d) The agreement must contain the following legend, |
| 1031 | clearly printed on its face in bold type of not less than 10 |
| 1032 | points in size: "This agreement is not neither a general |
| 1033 | obligation of the State of Florida, nor is it backed by the full |
| 1034 | faith and credit of the State of Florida. Payment of tax refunds |
| 1035 | is are conditioned on and subject to specific annual |
| 1036 | appropriations by the Florida Legislature of moneys sufficient |
| 1037 | to pay amounts authorized in section 288.106, Florida Statutes." |
| 1038 | (6)(5) ANNUAL CLAIM FOR REFUND.- |
| 1039 | (a) To be eligible to claim any scheduled tax refund, a |
| 1040 | qualified target industry business that has entered into a tax |
| 1041 | refund agreement with the office under subsection (5) (4) must |
| 1042 | apply by January 31 of each fiscal year to the office for the |
| 1043 | tax refund scheduled to be paid from the appropriation for the |
| 1044 | fiscal year that begins on July 1 following the January 31 |
| 1045 | claims-submission date. The office may, upon written request, |
| 1046 | grant a 30-day extension of the filing date. |
| 1047 | (b) The claim for refund by the qualified target industry |
| 1048 | business must include a copy of all receipts pertaining to the |
| 1049 | payment of taxes for which the refund is sought and data related |
| 1050 | to achievement of each performance item specified in the tax |
| 1051 | refund agreement. The amount requested as a tax refund may not |
| 1052 | exceed the amount specified for the relevant fiscal year in that |
| 1053 | agreement. |
| 1054 | (c) The office may waive the requirement for proof of |
| 1055 | taxes paid in future years for a qualified target industry |
| 1056 | business that provides the office with proof that, in a single |
| 1057 | year, the business has paid an amount of state taxes from the |
| 1058 | categories in paragraph (3)(d) that is at least equal to the |
| 1059 | total amount of tax refunds that the business may receive |
| 1060 | through successful completion of its tax refund agreement. |
| 1061 | (d)(c) A tax refund may not be approved for a qualified |
| 1062 | target industry business unless the required local financial |
| 1063 | support has been paid into the account for that refund. If the |
| 1064 | local financial support provided is less than 20 percent of the |
| 1065 | approved tax refund, the tax refund must be reduced. In no event |
| 1066 | may the tax refund exceed an amount that is equal to 5 times the |
| 1067 | amount of the local financial support received. Further, funding |
| 1068 | from local sources includes any tax abatement granted to that |
| 1069 | business under s. 196.1995 or the appraised market value of |
| 1070 | municipal or county land conveyed or provided at a discount to |
| 1071 | that business. The amount of any tax refund for such business |
| 1072 | approved under this section must be reduced by the amount of any |
| 1073 | such tax abatement granted or the value of the land granted,; |
| 1074 | and the limitations in subsection (3) (2) and paragraph |
| 1075 | (4)(3)(e) must be reduced by the amount of any such tax |
| 1076 | abatement or the value of the land granted. A report listing all |
| 1077 | sources of the local financial support shall be provided to the |
| 1078 | office when such support is paid to the account. |
| 1079 | (e)(d) A prorated tax refund, less a 5-percent penalty, |
| 1080 | shall be approved for a qualified target industry business if |
| 1081 | provided all other applicable requirements have been satisfied |
| 1082 | and the business proves to the satisfaction of the office |
| 1083 | director that: |
| 1084 | 1. It has achieved at least 80 percent of its projected |
| 1085 | employment; and that |
| 1086 | 2. The average wage paid by the business is at least 90 |
| 1087 | percent of the average wage specified in the tax refund |
| 1088 | agreement, but in no case less than 115 percent of the average |
| 1089 | private sector wage in the area available at the time of |
| 1090 | certification, or 150 percent or 200 percent of the average |
| 1091 | private sector wage if the business requested the additional |
| 1092 | per-job tax refund authorized in paragraph (3)(2)(b) for wages |
| 1093 | above those levels. The prorated tax refund shall be calculated |
| 1094 | by multiplying the tax refund amount for which the qualified |
| 1095 | target industry business would have been eligible, if all |
| 1096 | applicable requirements had been satisfied, by the percentage of |
| 1097 | the average employment specified in the tax refund agreement |
| 1098 | which was achieved, and by the percentage of the average wages |
| 1099 | specified in the tax refund agreement which was achieved. |
| 1100 | (f)(e) The office director, with such assistance as may be |
| 1101 | required from the office, the Department of Revenue, or the |
| 1102 | Agency for Workforce Innovation, shall, by June 30 following the |
| 1103 | scheduled date for submission of the tax refund claim, specify |
| 1104 | by written order the approval or disapproval of the tax refund |
| 1105 | claim and, if approved, the amount of the tax refund that is |
| 1106 | authorized to be paid to the qualified target industry business |
| 1107 | for the annual tax refund. The office may grant an extension of |
| 1108 | this date on the request of the qualified target industry |
| 1109 | business for the purpose of filing additional information in |
| 1110 | support of the claim. |
| 1111 | (g)(f) The total amount of tax refund claims approved by |
| 1112 | the office director under this section in any fiscal year must |
| 1113 | not exceed the amount authorized under s. 288.095(3). |
| 1114 | (h)(g) This section does not create a presumption that a |
| 1115 | tax refund claim will be approved and paid. |
| 1116 | (i)(h) Upon approval of the tax refund under paragraphs |
| 1117 | (c), (d), and (e), and (f), the Chief Financial Officer shall |
| 1118 | issue a warrant for the amount specified in the written order. |
| 1119 | If the written order is appealed, the Chief Financial Officer |
| 1120 | may not issue a warrant for a refund to the qualified target |
| 1121 | industry business until the conclusion of all appeals of that |
| 1122 | order. |
| 1123 | (7)(6) ADMINISTRATION.- |
| 1124 | (a) The office may is authorized to verify information |
| 1125 | provided in any claim submitted for tax credits under this |
| 1126 | section with regard to employment and wage levels or the payment |
| 1127 | of the taxes to the appropriate agency or authority, including |
| 1128 | the Department of Revenue, the Agency for Workforce Innovation, |
| 1129 | or any local government or authority. |
| 1130 | (b) To facilitate the process of monitoring and auditing |
| 1131 | applications made under this section program, the office may |
| 1132 | provide a list of qualified target industry businesses to the |
| 1133 | Department of Revenue, to the Agency for Workforce Innovation, |
| 1134 | or to any local government or authority. The office may request |
| 1135 | the assistance of those entities with respect to monitoring |
| 1136 | jobs, wages, and the payment of the taxes listed in subsection |
| 1137 | (3) (2). |
| 1138 | (c) Funds specifically appropriated for the tax refunds |
| 1139 | refund program for qualified target industry businesses under |
| 1140 | this section may not be used by the office for any purpose other |
| 1141 | than the payment of tax refunds authorized by this section. |
| 1142 | (d) Beginning with tax refund agreements signed after July |
| 1143 | 1, 2010, the office shall attempt to ascertain the causes for |
| 1144 | any business's failure to complete its agreement and shall |
| 1145 | report its findings and recommendations to the Governor, the |
| 1146 | President of the Senate, and the Speaker of the House of |
| 1147 | Representatives. The report shall be submitted by December 1 of |
| 1148 | each year beginning in 2011. |
| 1149 | (7) Notwithstanding paragraphs (4)(a) and (5)(c), the |
| 1150 | office may approve a waiver of the local financial support |
| 1151 | requirement for a business located in any of the following |
| 1152 | counties in which businesses received emergency loans |
| 1153 | administered by the office in response to the named hurricanes |
| 1154 | of 2004: Bay, Brevard, Charlotte, DeSoto, Escambia, Flagler, |
| 1155 | Glades, Hardee, Hendry, Highlands, Indian River, Lake, Lee, |
| 1156 | Martin, Okaloosa, Okeechobee, Orange, Osceola, Palm Beach, Polk, |
| 1157 | Putnam, Santa Rosa, Seminole, St. Lucie, Volusia, and Walton. A |
| 1158 | waiver may be granted only if the office determines that the |
| 1159 | local financial support cannot be provided or that doing so |
| 1160 | would effect a demonstrable hardship on the unit of local |
| 1161 | government providing the local financial support. If the office |
| 1162 | grants a waiver of the local financial support requirement, the |
| 1163 | state shall pay 100 percent of the refund due to an eligible |
| 1164 | business. The waiver shall apply for tax refund applications |
| 1165 | made for fiscal years 2004-2005, 2005-2006, and 2006-2007. |
| 1166 | (8) EXPIRATION.-An applicant may not be certified as |
| 1167 | qualified under this section after June 30, 2020 2010. A tax |
| 1168 | refund agreement existing on that date shall continue in effect |
| 1169 | in accordance with its terms. |
| 1170 | Section 10. Paragraphs (e) and (f) of subsection (1), |
| 1171 | subsection (2), paragraphs (a) and (d) of subsection (4), and |
| 1172 | paragraph (b) of subsection (5) of section 288.107, Florida |
| 1173 | Statutes, are amended to read: |
| 1174 | 288.107 Brownfield redevelopment bonus refunds.- |
| 1175 | (1) DEFINITIONS.-As used in this section: |
| 1176 | (e) "Eligible business" means: |
| 1177 | 1. A qualified target industry business as defined in s. |
| 1178 | 288.106(2)(1)(o); or |
| 1179 | 2. A business that can demonstrate a fixed capital |
| 1180 | investment of at least $2 million in mixed-use business |
| 1181 | activities, including multiunit housing, commercial, retail, and |
| 1182 | industrial in brownfield areas, or at least $500,000 in |
| 1183 | brownfield areas that do not require site cleanup, and that |
| 1184 | which provides benefits to its employees. |
| 1185 | (f) "Jobs" means full-time equivalent positions, |
| 1186 | including, but not limited to, positions obtained from a |
| 1187 | temporary employment agency or employee leasing company or |
| 1188 | through a union agreement or coemployment under a professional |
| 1189 | employer organization agreement, that result as that term is |
| 1190 | consistent with terms used by the Agency for Workforce |
| 1191 | Innovation for the purpose of unemployment compensation tax, |
| 1192 | resulting directly from a project in this state. The term does |
| 1193 | not include temporary construction jobs involved with the |
| 1194 | construction of facilities for the project and which are not |
| 1195 | associated with the implementation of the site rehabilitation as |
| 1196 | provided in s. 376.80. |
| 1197 | (2) BROWNFIELD REDEVELOPMENT BONUS REFUND.-Bonus refunds |
| 1198 | shall be approved by the office as specified in the final order |
| 1199 | issued by the director and allowed from the account as follows: |
| 1200 | (a) A bonus refund of $2,500 shall be allowed to any |
| 1201 | qualified target industry business as defined in by s. 288.106 |
| 1202 | for each new Florida job created in a brownfield area that which |
| 1203 | is claimed on the qualified target industry business's annual |
| 1204 | refund claim authorized in s. 288.106(6)(5). |
| 1205 | (b) A bonus refund of up to $2,500 shall be allowed to any |
| 1206 | other eligible business as defined in subparagraph (1)(e)2. for |
| 1207 | each new Florida job created in a brownfield area that which is |
| 1208 | claimed under an annual claim procedure similar to the annual |
| 1209 | refund claim authorized in s. 288.106(6)(5). The amount of the |
| 1210 | refund shall be equal to 20 percent of the average annual wage |
| 1211 | for the jobs created. |
| 1212 | (4) PAYMENT OF BROWNFIELD REDEVELOPMENT BONUS REFUNDS.- |
| 1213 | (a) To be eligible to receive a bonus refund for new |
| 1214 | Florida jobs created in a brownfield area, a business must have |
| 1215 | been certified as a qualified target industry business under s. |
| 1216 | 288.106 or eligible business as defined in paragraph (1)(e) and |
| 1217 | must have indicated on the qualified target industry business |
| 1218 | tax refund application form submitted in accordance with s. |
| 1219 | 288.106(4)(3) or other similar agreement for other eligible |
| 1220 | business as defined in paragraph (1)(e) that the project for |
| 1221 | which the application is submitted is or will be located in a |
| 1222 | brownfield area and that the business is applying for |
| 1223 | certification as a qualified brownfield business under this |
| 1224 | section, and must have signed a qualified target industry |
| 1225 | business tax refund agreement with the office that which |
| 1226 | indicates that the business has been certified as a qualified |
| 1227 | target industry business located in a brownfield area and |
| 1228 | specifies the schedule of brownfield redevelopment bonus refunds |
| 1229 | that the business may be eligible to receive in each fiscal |
| 1230 | year. |
| 1231 | (d) After entering into a tax refund agreement as provided |
| 1232 | in s. 288.106 or other similar agreement for other eligible |
| 1233 | businesses as defined in paragraph (1)(e), an eligible business |
| 1234 | may receive brownfield redevelopment bonus refunds from the |
| 1235 | account pursuant to s. 288.106(3)(d)(2)(c). |
| 1236 | (5) ADMINISTRATION.- |
| 1237 | (b) To facilitate the process of monitoring and auditing |
| 1238 | applications made under this program, the office may provide a |
| 1239 | list of qualified target industry businesses to the Department |
| 1240 | of Revenue, to the Agency for Workforce Innovation, to the |
| 1241 | Department of Environmental Protection, or to any local |
| 1242 | government authority. The office may request the assistance of |
| 1243 | those entities with respect to monitoring the payment of the |
| 1244 | taxes listed in s. 288.106(3)(2). |
| 1245 | Section 11. Paragraphs (a) and (g) of subsection (2) and |
| 1246 | paragraph (b) of subsection (3) of section 288.108, Florida |
| 1247 | Statutes, are amended to read: |
| 1248 | 288.108 High-impact business.- |
| 1249 | (2) DEFINITIONS.-As used in this section, the term: |
| 1250 | (a) "Eligible high-impact business" means a business in |
| 1251 | one of the high-impact sectors identified by Enterprise Florida, |
| 1252 | Inc., and certified by the Office of Tourism, Trade, and |
| 1253 | Economic Development as provided in subsection (5), which is |
| 1254 | making a cumulative investment in the state of at least $50 $100 |
| 1255 | million and creating at least 50 100 new full-time equivalent |
| 1256 | jobs in the state or a research and development facility making |
| 1257 | a cumulative investment of at least $25 $75 million and creating |
| 1258 | at least 25 75 new full-time equivalent jobs. Such investment |
| 1259 | and employment must be achieved in a period not to exceed 3 |
| 1260 | years after the date the business is certified as a qualified |
| 1261 | high-impact business. |
| 1262 | (g) "Jobs" means full-time equivalent positions, |
| 1263 | including, but not limited to, positions obtained from a |
| 1264 | temporary employment agency or employee leasing company or |
| 1265 | through a union agreement or coemployment under a professional |
| 1266 | employer organization agreement, that result as that term is |
| 1267 | consistent with terms used by the Agency for Workforce |
| 1268 | Innovation and the United States Department of Labor for |
| 1269 | purposes of unemployment compensation tax administration and |
| 1270 | employment estimation, resulting directly from a project in this |
| 1271 | state. The term does not include temporary construction jobs |
| 1272 | involved in the construction of the project facility. |
| 1273 | (3) HIGH-IMPACT SECTOR PERFORMANCE GRANTS; ELIGIBLE |
| 1274 | AMOUNTS.- |
| 1275 | (b) The office may, in consultation with Enterprise |
| 1276 | Florida, Inc., negotiate qualified high-impact business |
| 1277 | performance grant awards for any single qualified high-impact |
| 1278 | business. In negotiating such awards, the office shall consider |
| 1279 | the following guidelines in conjunction with other relevant |
| 1280 | applicant impact and cost information and analysis as required |
| 1281 | in subsection (5). A qualified high-impact business making a |
| 1282 | cumulative investment of $50 million and creating 50 jobs may be |
| 1283 | eligible for a total qualified high-impact business performance |
| 1284 | grant of $500,000 to $1 million. A qualified high-impact |
| 1285 | business making a cumulative investment of $100 million and |
| 1286 | creating 100 jobs may be eligible for a total qualified high- |
| 1287 | impact business performance grant of $1 million to $2 million. A |
| 1288 | qualified high-impact business making a cumulative investment of |
| 1289 | $800 million and creating 800 jobs may be eligible for a |
| 1290 | qualified high-impact business performance grant of $10 million |
| 1291 | to $12 million. A qualified high-impact business engaged in |
| 1292 | research and development making a cumulative investment of $25 |
| 1293 | million and creating 25 jobs may be eligible for a total |
| 1294 | qualified high-impact business performance grant of $700,000 to |
| 1295 | $1 million. A qualified high-impact business, engaged in |
| 1296 | research and development, making a cumulative investment of $75 |
| 1297 | million, and creating 75 jobs may be eligible for a total |
| 1298 | qualified high-impact business performance grant of $2 million |
| 1299 | to $3 million. A qualified high-impact business, engaged in |
| 1300 | research and development, making a cumulative investment of $150 |
| 1301 | million, and creating 150 jobs may be eligible for a qualified |
| 1302 | high-impact business performance grant of $3.5 million to $4.5 |
| 1303 | million. |
| 1304 | Section 12. Subsection (3) of section 288.1088, Florida |
| 1305 | Statutes, is amended, and subsections (4) and (5) are added to |
| 1306 | that section, to read: |
| 1307 | 288.1088 Quick Action Closing Fund.- |
| 1308 | (3)(a) Enterprise Florida, Inc., shall review applications |
| 1309 | pursuant to s. 288.061 and determine the eligibility of each |
| 1310 | project consistent with the criteria in subsection (2). |
| 1311 | Enterprise Florida, Inc., in consultation with the Office of |
| 1312 | Tourism, Trade, and Economic Development, may waive these |
| 1313 | criteria based on extraordinary circumstances or in rural areas |
| 1314 | of critical economic concern if the project would significantly |
| 1315 | benefit the local or regional economy. |
| 1316 | (b) Enterprise Florida, Inc., shall evaluate individual |
| 1317 | proposals for high-impact business facilities and forward |
| 1318 | recommendations regarding the use of moneys in the fund for such |
| 1319 | facilities to the director of the Office of Tourism, Trade, and |
| 1320 | Economic Development. Such evaluation and recommendation must |
| 1321 | include, but need not be limited to: |
| 1322 | 1. A description of the type of facility or |
| 1323 | infrastructure, its operations, and the associated product or |
| 1324 | service associated with the facility. |
| 1325 | 2. The number of full-time-equivalent jobs that will be |
| 1326 | created by the facility and the total estimated average annual |
| 1327 | wages of those jobs or, in the case of privately developed rural |
| 1328 | infrastructure, the types of business activities and jobs |
| 1329 | stimulated by the investment. |
| 1330 | 3. The cumulative amount of investment to be dedicated to |
| 1331 | the facility within a specified period. |
| 1332 | 4. A statement of any special impacts the facility is |
| 1333 | expected to stimulate in a particular business sector in the |
| 1334 | state or regional economy or in the state's universities and |
| 1335 | community colleges. |
| 1336 | 5. A statement of the role the incentive is expected to |
| 1337 | play in the decision of the applicant business to locate or |
| 1338 | expand in this state or for the private investor to provide |
| 1339 | critical rural infrastructure. |
| 1340 | 6. A report evaluating the quality and value of the |
| 1341 | company submitting a proposal. The report must include: |
| 1342 | a. A financial analysis of the company, including an |
| 1343 | evaluation of the company's short-term liquidity ratio as |
| 1344 | measured by its assets to liability, the company's profitability |
| 1345 | ratio, and the company's long-term solvency as measured by its |
| 1346 | debt-to-equity ratio; |
| 1347 | b. The historical market performance of the company; |
| 1348 | c. A review of any independent evaluations of the company; |
| 1349 | d. A review of the latest audit of the company's financial |
| 1350 | statement and the related auditor's management letter; and |
| 1351 | e. A review of any other types of audits that are related |
| 1352 | to the internal and management controls of the company. |
| 1353 | (c)(b) Within 22 calendar days after receiving the |
| 1354 | evaluation and recommendation from Enterprise Florida, Inc., the |
| 1355 | director of the Office of Tourism, Trade, and Economic |
| 1356 | Development shall recommend to the Governor approval or |
| 1357 | disapproval of a project for receipt of funds from the Quick |
| 1358 | Action Closing Fund. In recommending a project, the director |
| 1359 | shall include proposed performance conditions that the project |
| 1360 | must meet to obtain incentive funds. The Governor shall provide |
| 1361 | the evaluation of projects recommended for approval to the |
| 1362 | President of the Senate and the Speaker of the House of |
| 1363 | Representatives and consult with the President of the Senate and |
| 1364 | the Speaker of the House of Representatives before giving final |
| 1365 | approval for a project. At least 14 days before releasing funds |
| 1366 | for a project, the Executive Office of the Governor shall |
| 1367 | recommend approval of the a project and the release of funds by |
| 1368 | delivering notice of such action pursuant to the legislative |
| 1369 | consultation and review requirements set forth in s. 216.177. |
| 1370 | The recommendation must include proposed performance conditions |
| 1371 | that the project must meet in order to obtain funds. If the |
| 1372 | President of the Senate or the Speaker of the House of |
| 1373 | Representatives timely advises the Executive Office of the |
| 1374 | Governor, in writing, that such action or proposed action |
| 1375 | exceeds the delegated authority of the Executive Office of the |
| 1376 | Governor or is contrary to legislative policy or intent, the |
| 1377 | Executive Office of the Governor shall void the release of funds |
| 1378 | and instruct the Office of Tourism, Trade, and Economic |
| 1379 | Development to immediately change such action or proposed action |
| 1380 | until the Legislative Budget Commission or the Legislature |
| 1381 | addresses the issue. |
| 1382 | (d)(c) Upon the approval of the Governor, the director of |
| 1383 | the Office of Tourism, Trade, and Economic Development and the |
| 1384 | business shall enter into a contract that sets forth the |
| 1385 | conditions for payment of moneys from the fund. The contract |
| 1386 | must include the total amount of funds awarded; the performance |
| 1387 | conditions that must be met to obtain the award, including, but |
| 1388 | not limited to, net new employment in the state, average salary, |
| 1389 | and total capital investment; demonstrate a baseline of current |
| 1390 | service and a measure of enhanced capability; the methodology |
| 1391 | for validating performance; the schedule of payments from the |
| 1392 | fund; and sanctions for failure to meet performance conditions. |
| 1393 | The contract must provide that payment of moneys from the fund |
| 1394 | is contingent upon sufficient appropriation of funds by the |
| 1395 | Legislature and upon sufficient release of appropriated funds by |
| 1396 | the Legislative Budget Commission. |
| 1397 | (e)(d) Enterprise Florida, Inc., shall validate contractor |
| 1398 | performance. Such validation shall be reported within 6 months |
| 1399 | after completion of the contract to the Governor, President of |
| 1400 | the Senate, and the Speaker of the House of Representatives. |
| 1401 | (4)(a) A Quick Action Closing Fund business that, pursuant |
| 1402 | to its contract, submits reports to the Office of Tourism, |
| 1403 | Trade, and Economic Development on or after January 1, 2010, but |
| 1404 | no later than June 30, 2011, on the status of the business's |
| 1405 | compliance with the performance conditions of its contract may |
| 1406 | submit a written request to the Office of Tourism, Trade, and |
| 1407 | Economic Development for renegotiation of the contract. The |
| 1408 | request must provide quantitative evidence demonstrating how |
| 1409 | negative economic conditions in the business's industry have |
| 1410 | prevented the business from complying with the terms and |
| 1411 | conditions of the contract. The request must also include |
| 1412 | proposed adjusted performance conditions that result in new job |
| 1413 | creation and meet the requirements of subsection (2). Adjusted |
| 1414 | performance conditions may not include any additional waiver |
| 1415 | requests. |
| 1416 | (b) Within 45 days after receiving a Quick Action Closing |
| 1417 | Fund business's request to renegotiate its contract, the |
| 1418 | director of the Office of Tourism, Trade, and Economic |
| 1419 | Development must provide written notice to the business of |
| 1420 | whether the request for renegotiation is granted or denied. In |
| 1421 | making such a determination, the director shall consider the |
| 1422 | extent to which negative economic conditions in the business's |
| 1423 | industry occurred in the state, the proposed adjusted |
| 1424 | performance conditions, and the business's efforts to comply |
| 1425 | with the contract. |
| 1426 | (c) Upon granting a business's request to renegotiate, the |
| 1427 | Office of Tourism, Trade, and Economic Development, together |
| 1428 | with Enterprise Florida, Inc., shall determine the economic |
| 1429 | impact of the adjusted performance conditions and notify the |
| 1430 | business of the adjusted award amount associated with the |
| 1431 | proposed adjusted performance conditions. The Quick Action |
| 1432 | Closing Fund business must renegotiate its contract with the |
| 1433 | Office of Tourism, Trade, and Economic Development for the |
| 1434 | adjusted amount and agree to return the difference between the |
| 1435 | original Quick Action Closing Fund award and the adjusted award |
| 1436 | without interest or penalties. When renegotiating a contract |
| 1437 | with a Quick Action Closing Fund business, the Office of |
| 1438 | Tourism, Trade, and Economic Development may extend the duration |
| 1439 | of the contract for a period not to exceed 2 years. Any funds |
| 1440 | returned pursuant to this paragraph shall be reappropriated to |
| 1441 | the Office of Tourism, Trade, and Economic Development for the |
| 1442 | Quick Action Closing Fund. |
| 1443 | (d) This subsection expires June 30, 2011. |
| 1444 | (5) Funds appropriated by the Legislature for purposes of |
| 1445 | implementing this section shall be placed in reserve and may |
| 1446 | only be released pursuant to the legislative consultation and |
| 1447 | review requirements set forth in s. 216.177. Notwithstanding s. |
| 1448 | 216.301, funds appropriated for purposes of implementing this |
| 1449 | section, whether released or in reserve, shall not revert on |
| 1450 | June 30th of the fiscal year for which the funds are |
| 1451 | appropriated but shall revert on June 30th of the second fiscal |
| 1452 | year of the appropriation. |
| 1453 | Section 13. Paragraphs (k) and (s) of subsection (2) of |
| 1454 | section 288.1089, Florida Statutes, are amended to read: |
| 1455 | 288.1089 Innovation Incentive Program.- |
| 1456 | (2) As used in this section, the term: |
| 1457 | (k) "Jobs" means full-time equivalent positions, |
| 1458 | including, but not limited to, positions obtained from a |
| 1459 | temporary employment agency or employee leasing company or |
| 1460 | through a union agreement or coemployment under a professional |
| 1461 | employer organization agreement, that result as that term is |
| 1462 | consistent with terms used by the Agency for Workforce |
| 1463 | Innovation and the United States Department of Labor for |
| 1464 | purposes of unemployment compensation tax administration and |
| 1465 | employment estimation, resulting directly from a project in this |
| 1466 | state. The term does not include temporary construction jobs. |
| 1467 | (s) "Rural area" means a rural city or, rural community, |
| 1468 | or rural county as defined in s. 288.106. |
| 1469 | Section 14. Section 290.00677, Florida Statutes, is |
| 1470 | amended to read: |
| 1471 | 290.00677 Rural enterprise zones; special qualifications.- |
| 1472 | (1) Notwithstanding the enterprise zone residency |
| 1473 | requirements set out in s. 212.096(1)(c), eligible businesses as |
| 1474 | defined in by s. 212.096(1)(a), located in rural enterprise |
| 1475 | zones as defined in by s. 290.004, may receive the basic minimum |
| 1476 | credit provided under s. 212.096 for creating a new job and |
| 1477 | hiring a person residing within the jurisdiction of a rural |
| 1478 | community county, as defined in by s. 288.106(2)(1)(r). All |
| 1479 | other provisions of s. 212.096, including, but not limited to, |
| 1480 | those relating to the award of enhanced credits, apply to such |
| 1481 | businesses. |
| 1482 | (2) Notwithstanding the enterprise zone residency |
| 1483 | requirements set out in s. 220.03(1)(q), businesses as defined |
| 1484 | in by s. 220.03(1)(c), located in rural enterprise zones as |
| 1485 | defined in s. 290.004, may receive the basic minimum credit |
| 1486 | provided under s. 220.181 for creating a new job and hiring a |
| 1487 | person residing within the jurisdiction of a rural community |
| 1488 | county, as defined in by s. 288.106(2)(1)(r). All other |
| 1489 | provisions of s. 220.181, including, but not limited to, those |
| 1490 | relating to the award of enhanced credits, apply to such |
| 1491 | businesses. |
| 1492 | Section 15. Effective July 1, 2010, section 373.441, |
| 1493 | Florida Statutes, is amended to read: |
| 1494 | 373.441 Role of counties, municipalities, and local |
| 1495 | pollution control programs in permit processing; delegation.- |
| 1496 | (1) The department in consultation with the water |
| 1497 | management districts shall, by December 1, 1994, adopt rules to |
| 1498 | guide the participation of counties, municipalities, and local |
| 1499 | pollution control programs in an efficient, streamlined |
| 1500 | permitting system. Such rules must shall seek to increase |
| 1501 | governmental efficiency, shall maintain environmental standards, |
| 1502 | and shall include consideration of the following: |
| 1503 | (a) Provisions under which the environmental resource |
| 1504 | permit program are shall be delegated, upon approval of the |
| 1505 | department and the appropriate water management districts, only |
| 1506 | to a county, municipality, or local pollution control program |
| 1507 | that which has the financial, technical, and administrative |
| 1508 | capabilities and desire to implement and enforce the program; |
| 1509 | (b) Provisions under which a locally delegated permit |
| 1510 | program may have stricter environmental standards than state |
| 1511 | standards; |
| 1512 | (c) Provisions for identifying and reconciling any |
| 1513 | duplicative permitting by January 1, 1995; |
| 1514 | (d) Provisions for timely and cost-efficient notification |
| 1515 | by the reviewing agency of permit applications, and permit |
| 1516 | requirements, to counties, municipalities, local pollution |
| 1517 | control programs, the department, or water management districts, |
| 1518 | as appropriate; |
| 1519 | (e) Provisions for ensuring the consistency of permit |
| 1520 | applications with local comprehensive plans; |
| 1521 | (f) Provisions for the partial delegation of the |
| 1522 | environmental resource permit program to counties, |
| 1523 | municipalities, or local pollution control programs, and |
| 1524 | standards and criteria to be employed in the implementation of |
| 1525 | such delegation by counties, municipalities, and local pollution |
| 1526 | control programs; |
| 1527 | (g) Special provisions under which the environmental |
| 1528 | resource permit program may be delegated to counties having with |
| 1529 | populations of 75,000 or fewer less, or municipalities with, or |
| 1530 | local pollution control programs serving, populations of 50,000 |
| 1531 | or fewer less; and |
| 1532 | (h) Provisions for the applicability of chapter 120 to |
| 1533 | local government programs when the environmental resource permit |
| 1534 | program is delegated to counties, municipalities, or local |
| 1535 | pollution control programs; and |
| 1536 | (i) Provisions for a local government to petition the |
| 1537 | Governor and Cabinet for review of a request for a delegation of |
| 1538 | authority that is not approved or denied within 1 year after |
| 1539 | being initiated. |
| 1540 | (2) Any denial by the department of a local government's |
| 1541 | request for a delegation of authority must provide specific |
| 1542 | detail of those statutory or rule provisions that were not |
| 1543 | satisfied. Such detail shall also include specific actions that |
| 1544 | can be taken in order to allow for the delegation of authority. |
| 1545 | A local government, upon being denied a request for a delegation |
| 1546 | of authority, may petition the Governor and Cabinet for a review |
| 1547 | of the request. The Governor and Cabinet may reverse the |
| 1548 | decision of the department and may provide any necessary |
| 1549 | conditions to allow the delegation of authority to occur. |
| 1550 | (3) Delegation of authority shall be approved if the local |
| 1551 | government meets the requirements set forth in rule 62-344, |
| 1552 | Florida Administrative Code. This section does not require a |
| 1553 | local government to seek delegation of the environmental |
| 1554 | resource permit program. |
| 1555 | (4)(2) Nothing in This section does not affect affects or |
| 1556 | modify modifies land development regulations adopted by a local |
| 1557 | government to implement its comprehensive plan pursuant to |
| 1558 | chapter 163. |
| 1559 | (5)(3) The department shall review environmental resource |
| 1560 | permit applications for electrical distribution and transmission |
| 1561 | lines and other facilities related to the production, |
| 1562 | transmission, and distribution of electricity which are not |
| 1563 | certified under ss. 403.52-403.5365, the Florida Electric |
| 1564 | Transmission Line Siting Act, regulated under this part. |
| 1565 | Section 16. Effective July 1, 2010, subsection (41) is |
| 1566 | added to section 403.061, Florida Statutes, to read: |
| 1567 | 403.061 Department; powers and duties.-The department |
| 1568 | shall have the power and the duty to control and prohibit |
| 1569 | pollution of air and water in accordance with the law and rules |
| 1570 | adopted and promulgated by it and, for this purpose, to: |
| 1571 | (41) Expand the use of online self-certification for |
| 1572 | appropriate exemptions and general permits issued by the |
| 1573 | department or the water management districts if such expansion |
| 1574 | is economically feasible. Notwithstanding any other provision of |
| 1575 | law, a local government may not specify the method or form for |
| 1576 | documenting that a project qualifies for an exemption or meets |
| 1577 | the requirements for a permit under chapter 161, chapter 253, |
| 1578 | chapter 373, or this chapter. This limitation of local |
| 1579 | government authority extends to Internet-based department |
| 1580 | programs that provide for self-certification. |
| 1581 |
|
| 1582 | The department shall implement such programs in conjunction with |
| 1583 | its other powers and duties and shall place special emphasis on |
| 1584 | reducing and eliminating contamination that presents a threat to |
| 1585 | humans, animals or plants, or to the environment. |
| 1586 | Section 17. (1) Except as provided in subsection (4), a |
| 1587 | development order issued by a local government, building permit, |
| 1588 | and any permit issued by the Department of Environmental |
| 1589 | Protection or by a water management district pursuant to part IV |
| 1590 | of chapter 373, Florida Statutes, which has an expiration date |
| 1591 | from September 1, 2008, through January 1, 2012, is extended and |
| 1592 | renewed for a period of 2 years after its previously scheduled |
| 1593 | date of expiration. This 2-year extension also applies to |
| 1594 | buildout dates, including any extension of a buildout date that |
| 1595 | was previously granted under s. 380.06(19)(c), Florida Statutes. |
| 1596 | This section does not prohibit conversion from the construction |
| 1597 | phase to the operation phase upon completion of construction. |
| 1598 | This extension is in addition to the 2-year permit extension |
| 1599 | provided under section 14 of chapter 2009-96, Laws of Florida. |
| 1600 | (2) The commencement and completion dates for any required |
| 1601 | mitigation associated with a phased construction project are |
| 1602 | extended so that mitigation takes place in the same timeframe |
| 1603 | relative to the phase as originally permitted. |
| 1604 | (3) The holder of a valid permit or other authorization |
| 1605 | that is eligible for the 2-year extension must notify the |
| 1606 | authorizing agency in writing by December 31, 2010, identifying |
| 1607 | the specific authorization for which the holder intends to use |
| 1608 | the extension and the anticipated timeframe for acting on the |
| 1609 | authorization. |
| 1610 | (4) The extension provided for in subsection (1) does not |
| 1611 | apply to: |
| 1612 | (a) A permit or other authorization under any programmatic |
| 1613 | or regional general permit issued by the Army Corps of |
| 1614 | Engineers. |
| 1615 | (b) A permit or other authorization held by an owner or |
| 1616 | operator determined to be in significant noncompliance with the |
| 1617 | conditions of the permit or authorization as established through |
| 1618 | the issuance of a warning letter or notice of violation, the |
| 1619 | initiation of formal enforcement, or other equivalent action by |
| 1620 | the authorizing agency. |
| 1621 | (c) A permit or other authorization, if granted an |
| 1622 | extension that would delay or prevent compliance with a court |
| 1623 | order. |
| 1624 | (5) Permits extended under this section shall continue to |
| 1625 | be governed by the rules in effect at the time the permit was |
| 1626 | issued, except if it is demonstrated that the rules in effect at |
| 1627 | the time the permit was issued would create an immediate threat |
| 1628 | to public safety or health. This provision applies to any |
| 1629 | modification of the plans, terms, and conditions of the permit |
| 1630 | which lessens the environmental impact, except that any such |
| 1631 | modification does not extend the time limit beyond 2 additional |
| 1632 | years. |
| 1633 | (6) This section does not impair the authority of a county |
| 1634 | or municipality to require the owner of a property that has |
| 1635 | notified the county or municipality of the owner's intent to |
| 1636 | receive the extension of time granted pursuant to this section |
| 1637 | to maintain and secure the property in a safe and sanitary |
| 1638 | condition in compliance with applicable laws and ordinances. |
| 1639 | Section 18. (1) The Legislature finds that it is in the |
| 1640 | best interest of the state to identify surplus property and |
| 1641 | dispose of such property owned by the state that is unnecessary |
| 1642 | to achieving the state's responsibilities, that may cost more to |
| 1643 | maintain than the revenue generated, that does not serve any |
| 1644 | public purpose, or from which the state may derive a |
| 1645 | substantially similar public purpose under private ownership. |
| 1646 | (2) By July 1 of each year, beginning in 2010, each state |
| 1647 | agency owning or operating state-owned real property shall |
| 1648 | submit inventory data to the Department of Environmental |
| 1649 | Protection in a format prescribed by the department. |
| 1650 | (3) By October 1 of each year, beginning in 2010, the |
| 1651 | Department of Environmental Protection shall submit to the |
| 1652 | Governor, the President of the Senate, and the Speaker of the |
| 1653 | House of Representatives a report that lists state-owned real |
| 1654 | property recommended for disposition. |
| 1655 | Section 19. The installation of fuel tank upgrades to |
| 1656 | secondary containment systems shall be completed by the |
| 1657 | deadlines specified in rule 62-761.510, Florida Administrative |
| 1658 | Code, Table UST. However, notwithstanding any agreement to the |
| 1659 | contrary, any fuel service station that changed ownership |
| 1660 | interest through a bona fide sale of the property between |
| 1661 | January 1, 2008, and June 1, 2010, is not required to complete |
| 1662 | the upgrades described in rule 62-761.510, Florida |
| 1663 | Administrative Code, Table UST, until June 1, 2013. This |
| 1664 | exception does not prevent a property owner from requesting a |
| 1665 | variance from the applicable codes before or after the |
| 1666 | expiration of the 5-year term. This section does not prohibit |
| 1667 | the Department of Environmental Protection from granting |
| 1668 | variances pursuant to s. 120.542, Florida Statutes. The |
| 1669 | Department of Environmental Protection shall adopt rules to |
| 1670 | administer this section. |
| 1671 | Section 20. Except as otherwise provided in this act, this |
| 1672 | act shall take effect upon becoming a law. |