summary
Introduced
03/06/2023
03/06/2023
In Committee
05/01/2023
05/01/2023
Crossed Over
05/04/2023
05/04/2023
Passed
05/04/2023
05/04/2023
Dead
Signed/Enacted/Adopted
06/01/2023
06/01/2023
Introduced Session
2023 Regular Session
Bill Summary
Providing for a type two transfer of the duties and functions of Enterprise Florida, Inc., to the Department of Commerce; providing legislative intent; providing for a transition period; requiring the department and Enterprise Florida, Inc., to coordinate the development and implementation of a transition plan; providing requirements for the transition plan; specifying that certain binding contracts remain binding; requiring the transfer of specified funds; requiring the department to submit specified amendments and information to the Federal Government and seek specified waivers, etc.
AI Summary
This bill:
Transfers the duties and functions of Enterprise Florida, Inc. to the Department of Commerce. The bill provides legislative intent, requires a transition plan, and specifies that certain binding contracts remain binding. It requires the transfer of specified funds and authorizes new positions and appropriations to the Department of Commerce to carry out the provisions of the act. The bill repeals several economic development programs and tax incentives, eliminates the Quick Action Closing Fund and Innovation Incentive Program, and streamlines the duties and oversight of the Department of Commerce. It also establishes a new direct-support organization to assist with international trade development and tourism promotion. The bill makes conforming changes throughout the Florida Statutes to reflect these organizational changes.
Committee Categories
Budget and Finance, Business and Industry
Sponsors (6)
Tiffany Esposito (R)*,
Webster Barnaby (R),
Fabián Basabe (R),
Linda Chaney (R),
Thomas Leek (R),
Tyler Sirois (R),
Other Sponsors (2)
Appropriations Committee (H), Commerce Committee (H)
Last Action
Chapter No. 2023-173; companion bill(s) passed, see HB 5303 (Ch. 2023-246), CS/HB 7041 (Ch. 2023-200) (on 06/01/2023)
Official Document
bill text
bill summary
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