summary
Introduced
02/24/2015
02/24/2015
In Committee
02/27/2015
02/27/2015
Crossed Over
Passed
Dead
05/01/2015
05/01/2015
Introduced Session
Potential new amendment
2015 Regular Session
Bill Summary
Expanding the definition of the term "blighted area" to include a substantial number or percentage of properties damaged by sinkhole activity which are not adequately repaired or stabilized; requiring the Department of Economic Opportunity (DEO) to recommend to the Governor approval or disapproval of a project that will receive funds from specified programs; creating the Quick Action Closing Fund Escrow Account within the State Board of Administration; requiring the DEO to recertify the professional golf hall of fame facility annually, etc.
AI Summary
This bill modifies several Florida Statutes related to economic development and housing. Key provisions include expanding the definition of a "blighted area" to include properties significantly damaged by sinkholes that haven't been adequately repaired, and requiring the Department of Economic Opportunity (DEO) to recommend approval or disapproval of projects seeking funds from specific programs to the Governor. It also establishes a Quick Action Closing Fund Escrow Account within the State Board of Administration and mandates annual recertification for the professional golf hall of fame facility by the DEO. The bill also makes numerous changes to tax credits, refunds, and exemptions for various industries, including entertainment, sports, and defense contractors, and revises provisions related to affordable housing programs, including those for essential service personnel in the Florida Keys and initiatives to combat homelessness. Additionally, it reorganizes and renames certain divisions within Enterprise Florida, Inc., and adjusts reporting requirements for economic development programs.
Committee Categories
Budget and Finance, Business and Industry
Sponsors (2)
Other Sponsors (1)
Appropriations (Senate)
Last Action
Died on Calendar, companion bill(s) passed, see CS/CS/SB 1216 (Ch. 2015-30) (on 05/01/2015)
Official Document
bill text
bill summary
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bill summary
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bill summary
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