Bill No. CS/CS/HB 879
Amendment No. 626451
Senate House

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

CODING: Words stricken are deletions; words underlined are additions.