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HB 475: Enterprise Zones

GENERAL BILL by Nunez

Enterprise Zones; Provides definitions for Urban Job Creation Investment Act; creates Florida Urban Investment Job Creation Authority; creates zone development corporation for each enterprise program zone; provides for designation of enterprise program zones; reduces rate of tax on sales & transactions conducted in zones; specifies qualifications for businesses to receive state enterprise program zone incentives; establishing enterprise program zone assistance funds; authorizes certain state incentives for projects of qualified businesses; requires OPPAGA to submit report evaluating Urban Job Creation & Investment Act to Governor & Legislature; provides for expiration of Urban Job Creation Investment Act; abolishing designated enterprise program zones; authorizes certain tax credits against sales tax & corporate income tax for qualified businesses located in enterprise program zones.

Effective Date: 7/1/2013
Last Action: 3/4/2013 House - Withdrawn prior to introduction -HJ 56
Bill Text: PDF

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