Florida Senate - 2015                        COMMITTEE AMENDMENT
       Bill No. SB 292
       
       
       
       
       
       
                                Ì178142ÂÎ178142                         
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
                  Comm: RCS            .                                
                  02/03/2015           .                                
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       The Committee on Military and Veterans Affairs, Space, and
       Domestic Security (Evers) recommended the following:
       
    1         Senate Amendment (with title amendment)
    2  
    3         Delete everything after the enacting clause
    4  and insert:
    5         Section 1. Section 295.24, Florida Statutes, is created to
    6  read:
    7         295.24Veterans Employment Small Business Grant Program.
    8  The Veterans Employment Small Business Grant Program is created
    9  within the Department of Veterans’ Affairs to be administered by
   10  Florida Is For Veterans, Inc. The purpose of the program is to
   11  stimulate investment in the state’s economy by providing grants
   12  to small businesses that hire and employ honorably discharged
   13  veterans or disabled veterans with a service-connected
   14  disability.
   15         (1) As used in this section, the term:
   16         (a) “Corporation” means Florida Is For Veterans, Inc.
   17         (b) “Small business” means an independently owned and
   18  operated, for-profit, and privately held business that employs
   19  200 or fewer persons; generates $2 million or less in annual
   20  revenue; and has maintained its principal place of business in
   21  this state for at least the previous 4 calendar years.
   22         (2) The corporation may accept and administer moneys
   23  appropriated to the corporation for providing grants to
   24  encourage small businesses in this state to hire and employ
   25  veterans.
   26         (3) A small business that hires a veteran as an employee
   27  may receive a one-time grant of:
   28         (a) Three thousand dollars for each veteran, as defined in
   29  s. 1.01(14).
   30         (b) Five thousand dollars for each disabled veteran, as
   31  described in s. 295.07(1)(a)1.
   32         (c) One thousand dollars for each qualifying veteran whose
   33  employment is continued beyond an initial 12-month period.
   34         (4) The grants awarded to a given small business under
   35  paragraphs (3)(a) and (b) may not exceed $25,000 per fiscal
   36  year.
   37         (5) A small business must apply to and enter into an
   38  agreement with the corporation in order to participate in the
   39  program. The agreement must require that the small business:
   40         (a) Employ a qualifying veteran for at least 6 months in
   41  order to become eligible for grants awarded under paragraphs
   42  (3)(a) and (b).
   43         (b)Upon the request of the corporation, report information
   44  regarding the employment status of each qualifying veteran.
   45         (c) Pay each qualifying veteran an amount equal to at least
   46  80 percent of the annual median income for veterans in this
   47  state based on the most recent federal census or the most recent
   48  American Community Survey 5-year estimates published by the
   49  United States Census Bureau.
   50         (d) Reinvest any awarded grant moneys in the small business
   51  to facilitate further job creation.
   52         (e) Not receive an additional award for rehiring a veteran
   53  previously claimed as an employee within the same small business
   54  for purposes of obtaining funds under the program.
   55         (6) The corporation may award a small business that uses
   56  the services of a regional workforce board in hiring a veteran
   57  an additional one-time grant of $1,000 for each qualifying
   58  veteran.
   59         (7) The corporation shall notify the regional small
   60  business center serving the county in which a participating
   61  small business is located of a small business’s participation in
   62  the grant program in order to facilitate improved access to the
   63  resources of the Florida Small Business Development Center
   64  Network.
   65         (8) The Department of Veterans’ Affairs may adopt rules to
   66  implement and administer this section, including, but not
   67  limited to, rules specifying requirements for the application
   68  and approval process and the documentation necessary to claim
   69  grant moneys awarded under this section.
   70         Section 2. For the 2015-2016 fiscal year, the sum of $10
   71  million in nonrecurring funds from the General Revenue Fund is
   72  appropriated to the Department of Veterans’ Affairs for transfer
   73  to Florida Is For Veterans, Inc., to implement and administer
   74  this act. The corporation may award grant moneys up to a maximum
   75  of $800,000 per fiscal year. The corporation may spend up to
   76  $150,000 per fiscal year of funds transferred by the department
   77  for staffing and administrative costs associated with
   78  implementation and administration of the program. Upon
   79  termination of the program, all remaining appropriated funds
   80  shall revert to the General Revenue Fund.
   81         Section 3. This act shall take effect July 1, 2015.
   82  
   83  ================= T I T L E  A M E N D M E N T ================
   84  And the title is amended as follows:
   85         Delete everything before the enacting clause
   86  and insert:
   87                        A bill to be entitled                      
   88         An act relating to small business financial
   89         assistance; creating s. 295.24, F.S.; creating the
   90         Veterans Employment Small Business Grant Program
   91         within the Department of Veterans’ Affairs; directing
   92         Florida Is For Veterans, Inc., to administer the
   93         program; defining terms; authorizing the corporation
   94         to accept and administer moneys appropriated for such
   95         grants; specifying grant amounts; limiting the amount
   96         that a small business may receive under the program;
   97         requiring a small business to apply to and enter into
   98         an agreement with the corporation to receive grants;
   99         providing requirements for participation in the
  100         program; providing that a small business may not
  101         receive an additional award for rehiring a veteran
  102         previously claimed as an employee for purposes of
  103         obtaining funds under the program; authorizing the
  104         corporation to award an additional grant to a small
  105         business under specified circumstances; requiring the
  106         corporation to notify the appropriate regional small
  107         business center of a small business’s participation;
  108         authorizing the department to adopt rules; providing
  109         an appropriation; providing an effective date.