summary
Introduced
02/21/2017
02/21/2017
In Committee
03/06/2017
03/06/2017
Crossed Over
Passed
Dead
05/05/2017
05/05/2017
Introduced Session
2017 Regular Session
Bill Summary
Requiring the Department of Economic Opportunity to contract with a specified direct-support organization to guide, stimulate, and promote the sports industry, the participation of residents in amateur athletic competitions, and this state as a host for national and international athletic competitions; requiring the Office of Economic and Demographic Research to calculate the net state gross domestic product per state dollar of certain programs; creating the Quick Action Closing Fund Escrow Account within the State Economic Enhancement and Development Trust Fund; creating the Start-Up Florida Grant Program, etc.
AI Summary
This bill:
- Requires the Department of Economic Opportunity to contract with a direct-support organization (the Florida Sports Foundation) to guide, stimulate, and promote the sports industry, the participation of residents in amateur athletic competitions, and the state as a host for national and international athletic competitions.
- Expands the definition of "economic benefits" to include changes in state gross domestic product and disposable personal income resulting from the state's investment in economic development programs.
- Creates the Quick Action Closing Fund Escrow Account within the State Economic Enhancement and Development Trust Fund to hold unexpended funds from the Quick Action Closing Fund program.
- Establishes the Start-Up Florida Grant Program within the Department of Economic Opportunity to provide grants to qualified small business incubators across the state.
- Revives and readopts the Florida Sports Foundation as a direct-support organization to the Department of Economic Opportunity, with an expanded board of directors and increased responsibilities related to promoting the sports industry and amateur athletics in Florida.
- Makes various other changes related to economic development and sports-related programs and funding in the state.
Committee Categories
Business and Industry
Sponsors (3)
Last Action
Died in Commerce and Tourism (on 05/05/2017)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | http://www.flsenate.gov/Session/Bill/2017/1110 |
| BillText | http://www.flsenate.gov/Session/Bill/2017/1110/BillText/Filed/HTML |
| Bill | http://www.flsenate.gov/Session/Bill/2017/1110/BillText/Filed/PDF |
Loading...