Bill > H0641

This bill aims to enhance the evaluation and reporting of economic development programs in Florida by requiring the Department of Economic Opportunity (DEO) and the Office of Program Policy Analysis and Government Accountability (OPPAGA) to conduct and present evaluations of these programs. It mandates that these offices develop and submit work plans for these evaluations by a specific date and requires them to analyze certain economic development programs, including those related to tax credits, refunds, sales tax exemptions, and cash grants, with a specified reporting schedule. The bill also revises the dates by which the DEO and Enterprise Florida, Inc. (EFI) must report on the state's business climate and economic development, detailing the specific information that must be included in these reports, such as an analysis of each economic development incentive application and specified program data. Additionally, it clarifies the definition of "jobs" for economic development purposes and modifies reporting requirements for various programs, including international offices, the Rural Economic Development Initiative (REDI), and programs related to spaceflight, business loans, technical assistance, and entertainment industry incentives, consolidating many of these reports into the DEO's annual incentives report.