The Florida Senate

CS/CS/HB 697: Entertainment Industry Economic Development

GENERAL BILL by Finance and Tax Council ; Economic Development Policy Committee ; Precourt ; Ambler ; Carroll ; (CO-INTRODUCERS) Abruzzo ; Adams ; Adkins ; Anderson ; Aubuchon ; Bembry ; Bernard ; Bogdanoff ; Bovo ; Boyd ; Brandenburg ; Brisé ; Bullard ; Burgin ; Bush ; Cannon ; Chestnut ; Clarke-Reed ; Coley ; Cretul ; Crisafulli ; Cruz ; Culp ; Domino ; Dorworth ; Drake ; Eisnaugle ; Evers ; Fetterman ; Fitzgerald ; Flores ; Ford ; Fresen ; Frishe ; Galvano ; Garcia, L. ; Gibbons ; Gibson ; Glorioso ; Gonzalez ; Grimsley ; Hasner ; Hays ; Heller ; Holder ; Homan ; Hooper ; Horner ; Hudson ; Hukill ; Jenne ; Jones, M. ; Kelly ; Kiar ; Kreegel ; Kriseman ; Llorente ; Long ; Lopez-Cantera ; Mayfield ; McBurney ; McKeel ; Murzin ; Nehr ; Nelson ; O'Toole ; Pafford ; Patronis ; Patterson ; Plakon ; Poppell ; Porth ; Proctor ; Rader ; Ray ; Reagan ; Reed ; Rehwinkel Vasilinda ; Renuart ; Rivera ; Robaina ; Roberson ; Roberson, Y ; Rogers ; Rouson ; Sachs ; Sands ; Saunders ; Schenck ; Schwartz ; Skidmore ; Snyder ; Soto ; Stargel ; Steinberg ; Taylor ; Thompson, N. ; Thurston ; Tobia ; Troutman ; Van Zant ; Waldman ; Weatherford ; Weinstein ; Williams ; Williams, T. ; Wood ; Workman ; Zapata

Entertainment Industry Economic Development; Revises entertainment industry financial incentive program to provide corporate income tax & sales & use tax credits to qualified entertainment entities rather than reimbursements from appropriations; revises definitions, creation & scope, eligibility, & application & approval processes; delineates duties of OTTED, OFE, & DOR regarding award, election, transfer, audit, & revocation & forfeiture of credits, etc. APPROPRIATION: $98,127.