995015                                                     
Florida Senate - 2017                                Committee       Amendment
SPB2500                                                 ATD              69


The Committee on Appropriations (Brandes) recommended the following 
amendment:

Section: 06              EXPLANATION:

On Page: 301             Transfer $1,000,000 from Economic Development 
                         Toolkit to Contracted Services
Spec App: 2226E

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 301
2226E   Lump Sum  098019
        Economic Development Tools  IOEA

   2041   State Economic Enhancement And          18,949,934     17,949,934
          Development Trust Fund
       CA -1,000,000  FSI1NR -1,000,000  

DELETE:

From  the funds provided in Specific Appropriation 2226E, $10,000,000 in
recurring  funds  from  the  State  Economic Enhancement and Development
Trust  Fund,  $8,949,934  in  nonrecurring funds from the State Economic
Enhancement  and  Development Trust Fund, and $5,460,569 in nonrecurring
funds  from  the  Economic  Development  Trust Fund are provided to make
payments  and  tax  refunds  in  Fiscal Year 2017-2018 for the following
programs:  Qualified  Target Industry (QTI) Business Tax Refund; QTI Tax
Refund  -  Brownfield  Redevelopment Bonus; Brownfield Redevelopment Tax
Refund;  High-Impact  Business  Performance  (HIPI) Grant; and Qualified
Defense Contractor and Space Flight (QDSC) Business Tax Refund. Payments
may  only  be  made  for  projects  that  meet the statutory eligibility
requirements.  Funds  may  not be released for any other purpose and may
only be disbursed when projects are certified to have met all contracted

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performance  requirements.  Funds  provided  in  Specific  Appropriation
2226E  from the Economic Development Trust Fund represent local matching
funds.

The  Department  of  Economic  Opportunity must provide monthly reports,
within  10  business days after the end of each month, to the Governor's
Office  of  Policy  and  Budget,  the chair of the Senate Appropriations
Committee, and the chair of the House Appropriations Committee regarding
all escrow activity and the repayment of any interest to the appropriate
fund in the state treasury.

The  Department of Economic Opportunity shall provide monthly reports to
the  Governor's  Office  of  Policy  and Budget, the chair of the Senate
Appropriations  Committee,  and  the  chair  of the House Appropriations
Committee on the status of economic development programs administered by
the department under Chapter 288, Florida Statutes.

AND INSERT:

From  the funds provided in Specific Appropriation 2226E, $10,000,000 in
recurring  funds  from  the  State  Economic Enhancement and Development
Trust  Fund,  $7,949,934  in  nonrecurring funds from the State Economic
Enhancement  and  Development Trust Fund, and $5,460,569 in nonrecurring
funds  from  the  Economic  Development  Trust Fund are provided to make
payments  and  tax  refunds  in  Fiscal Year 2017-2018 for the following
programs:  Qualified  Target Industry (QTI) Business Tax Refund; QTI Tax
Refund  -  Brownfield  Redevelopment Bonus; Brownfield Redevelopment Tax
Refund;  High-Impact  Business  Performance  (HIPI) Grant; and Qualified
Defense Contractor and Space Flight (QDSC) Business Tax Refund. Payments
may  only  be  made  for  projects  that  meet the statutory eligibility
requirements.  Funds  may  not be released for any other purpose and may
only be disbursed when projects are certified to have met all contracted
performance  requirements.  Funds  provided  in  Specific  Appropriation
2226E  from the Economic Development Trust Fund represent local matching
funds.

The  Department  of  Economic  Opportunity must provide monthly reports,
within  10  business days after the end of each month, to the Governor's
Office  of  Policy  and  Budget,  the chair of the Senate Appropriations
Committee, and the chair of the House Appropriations Committee regarding
all escrow activity and the repayment of any interest to the appropriate
fund in the state treasury.

The  Department of Economic Opportunity shall provide monthly reports to
the  Governor's  Office  of  Policy  and Budget, the chair of the Senate
Appropriations  Committee,  and  the  chair  of the House Appropriations
Committee on the status of economic development programs administered by
the department under Chapter 288, Florida Statutes.

        In Section 06  On Page 303

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2226L   Special Categories  100778
        Grants And Aids - Contracted Services  IOEB

   2041   State Economic Enhancement And           1,642,026      2,642,026
          Development Trust Fund
       CA 1,000,000  FSI1NR 1,000,000  













































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