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The Florida Senate

HB 891: Rural Communities


Rural Communities; Requires DEO to accept applications for approval as growth funds; specifies information required to be submitted in application; requires department to approve or deny applications within specified timeframe; prohibits department from reducing investment authority of application or denying application unless certain circumstances are met; requires department to provide tax credit certificate to taxpayers; requires department to revoke growth fund's certification under specified conditions; provides formula for calculating maximum amount of investments; specifies timeframe within which growth fund may correct violations to avoid revocation of tax credit certificate; requires growth fund to submit report to department.

Effective Date: 7/1/2020
Last Action: 3/14/2020 House - Died in Workforce Development and Tourism Subcommittee
Bill Text: PDF

Bill History

Date Chamber Action
12/10/2019 House • Filed
12/12/2019 House • Referred to Workforce Development and Tourism Subcommittee; Ways and Means Committee; Commerce Committee -HJ 76
1/14/2020 House • Introduced -HJ 76
3/14/2020 House • Indefinitely postponed and withdrawn from consideration
• Died in Workforce Development and Tourism Subcommittee