Florida House Bill 299 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on May 3 2013 - 100% progression
Action: 2013-05-03 - Died in Economic Development and Tourism Subcommittee
Text: Latest bill text (Introduced) [PDF]

Requires DEO to create economic development zones for science, technology, engineering, & mathematics (STEM); authorizes STEM zone in counties with state university classified as having very high research activity located in its jurisdiction; provides that incentives & benefits provided for enterprise zones are available to STEM zones; requires DEO to develop grant program that applies to STEM zone; requires DEO to work with STEM zone development agency, DOE, & Workforce Florida, Inc., to develop accountability requirements & measurable objectives; assigns duties for administration of STEM zones to local governing bodies that have jurisdiction over such zones; provides eligibility criteria for incentives, & benefits provided in zones; requires that applicable requirements for employee residency for higher refund or credit thresholds be based on employee residency in STEM zone or enterprise zone; limits annual amount of such incentives; authorizes carryforward of any unused amount of incentives for specified period; requires local governing body to certify to DOR or DEO which businesses or properties are eligible for incentives; requires DOR to send written instructions to eligible businesses on claiming credit on sales & use tax return initiated through electronic data interchange.

Targeted Economic Development

Rep. James Grant [R]

Date	Chamber	Action
2013-05-03	House	Died in Economic Development and Tourism Subcommittee
2013-03-05	House	Introduced
2013-01-30	House	Referred to Economic Development and Tourism Subcommittee; Transportation and Economic Development Appropriations Subcommittee; Finance and Tax Subcommittee; Economic Affairs Committee
2013-01-18	House	Filed

S0192 (Same As) 2013-05-03 - Died in Commerce and Tourism

Type	Source
Summary	http://www.flsenate.gov/Session/Bill/2013/299
Text	http://www.flsenate.gov/Session/Bill/2013/0299/BillText/Filed/PDF