| 1 | Representative Coley offered the following: |
| 2 |
|
| 3 | Amendment (with directory and title amendments) |
| 4 | Between lines 176 and 177, insert: |
| 5 | (f) Effective July 1, 2011, notwithstanding paragraph |
| 6 | (2)(k), the office may reduce the local financial support |
| 7 | requirements of this section by one-half for a qualified target |
| 8 | industry business located in Bay, Escambia, Franklin, Gadsden, |
| 9 | Gulf, Jefferson, Leon, Okaloosa, Santa Rosa, or Wakulla County, |
| 10 | if the office determines that such reduction of the local |
| 11 | financial support requirements is in the best interest of the |
| 12 | state and facilitates economic development, growth, or new |
| 13 | employment opportunities in such county. This paragraph expires |
| 14 | June 30, 2014. |
| 15 |
|
| 16 | ----------------------------------------------------- |
| 17 | D I R E C T O R Y A M E N D M E N T |
| 18 | Remove line 49 and insert: |
| 19 | amended, present paragraph (f) of subsection (4) is redesignated |
| 20 | as paragraph (g), and a new paragraph (f) is added to that |
| 21 | subsection, to read: |
| 22 |
|
| 23 | ----------------------------------------------------- |
| 24 | T I T L E A M E N D M E N T |
| 25 | Remove line 10 and insert: |
| 26 | commitment under the tax refund program; authorizing a |
| 27 | reduction in the local financial support requirements for |
| 28 | qualified target industry businesses located in specified |
| 29 | counties under certain circumstances; providing for future |
| 30 | expiration; amending s. |