Florida Senate - 2010 SB 1754 By Senator Altman 24-01503-10 20101754__ 1 A bill to be entitled 2 An act relating to enterprise zones; creating s. 3 290.00726, F.S.; authorizing the City of Palm Bay to 4 apply to the Office of Tourism, Trade, and Economic 5 Development for designation of an enterprise zone; 6 providing an application deadline; providing 7 requirements for the area of the enterprise zone; 8 requiring the office to establish the effective date 9 of the enterprise zone; providing an effective date. 10 11 Be It Enacted by the Legislature of the State of Florida: 12 13 Section 1. Section 290.00726, Florida Statutes, is created 14 to read: 15 290.00726 Enterprise zone designation for the City of Palm 16 Bay.—The City of Palm Bay may apply to the Office of Tourism, 17 Trade, and Economic Development for designation of one 18 enterprise zone for an area within the northeast portion of the 19 city, which zone shall encompass an area up to 5 square miles. 20 The application must be submitted by December 31, 2011, and must 21 comply with the requirements of s. 290.0055. Notwithstanding s. 22 290.0065 limiting the total number of enterprise zones 23 designated and the number of enterprise zones within a 24 population category, the Office of Tourism, Trade, and Economic 25 Development may designate one enterprise zone under this 26 section. The Office of Tourism, Trade, and Economic Development 27 shall establish the initial effective date of the enterprise 28 zone designated under this section. 29 Section 2. This act shall take effect January 1, 2011.