SB 848: Rural Communities
GENERAL BILL by Montford ; (CO-INTRODUCERS) Perry ; Baxley
Rural Communities; Designating the “Florida Rural Jobs and Business Recovery Act”; requiring the Department of Economic Opportunity to accept applications for approval as growth funds in a specified manner; prohibiting the department from approving more than a certain amount of investment authority or investor contributions; providing requirements for certified growth funds; granting a credit against state premium tax liability for specified investors; prohibiting growth funds that have exited the program from making certain distributions or paying certain fees under certain circumstances, etc.
Effective Date: 7/1/2020
Last Action: 3/14/2020 Senate - Died in Finance and Tax
Bill Text: Web Page | PDF
Last Action: 3/14/2020 Senate - Died in Finance and Tax
Bill Text: Web Page | PDF
Senate Committee References:
- Commerce and Tourism (CM)
- Finance and Tax (FT)
- Appropriations (AP)
Bill History
| Date | Chamber | Action |
|---|---|---|
| 11/8/2019 | Senate |
• Filed |
| 11/21/2019 | Senate |
• Referred to Commerce and Tourism; Finance and Tax; Appropriations -SJ 64 |
| 1/9/2020 | Senate |
• On Committee agenda-- Commerce and Tourism, 01/14/20, 2:30 pm, 110 Senate Building |
| 1/14/2020 | Senate |
• Introduced -SJ 64 • Favorable by Commerce and Tourism; YEAS 5 NAYS 0 -SJ 154 • Now in Finance and Tax |
| 3/14/2020 | Senate |
• Indefinitely postponed and withdrawn from consideration • Died in Finance and Tax |
