995068
GENERAL APPROPRIATIONS BILL Committee Amendment
SB2500 ATD 17
Senator(s) Detert moved the following amendment:
Section: 06 EXPLANATION:
On Page: 286 Allocates $20 million from the State Economic
Enhancement and Development (SEED) Trust Fund in the
Spec App: 2252 Department of Economic Opportunity for incentive
contracts with film and entertainment companies.
NET IMPACT ON: Total Funds General Revenue Trust Funds
Recurring - 0 0 0
Non-Recurring - 0 0 0
______________________________________________________________________________________
Positions & Amount Positions & Amount
DELETE INSERT
ECONOMIC OPPORTUNITY, DEPARTMENT OF
Program: Strategic Business Development
Strategic Business Development 40400100
In Section 06 On Page 286
2252 Lump Sum 098019
Economic Development Tools IOEA
2041 State Economic Enhancement And 58,350,000 58,350,000
Development Trust Fund
CA 0
At the end of existing proviso language, following Specific
Appropriation 2252, INSERT:
From the State Economic Enhancement and Development Trust Fund in
Specific Appropriation 2252, $20 million shall be allocated for film and
entertainment projects as defined in section 288.1254, Florida Statutes.
After the maximum available tax credits authorized in section
288.1254(7), Florida Statutes, has been awarded to qualified
productions, Enterprise Florida, Inc., shall use funds from this $20
million allocation to award contracts under the incentive programs
enumerated above to qualified productions which have successfully
completed the application process in section 288.1258, Florida Statutes.
995068 Log:0017 FEM/FEM 04/01/14 07:04:56 PM Senate Page: 1