FL H0879

Allow capital investment tax credits to be carried forward for use in years 21-30 after a project commences operations if unused in earlier years due to insufficient tax liability.

Revise "target industry business" definition to include renewable energy businesses and add consideration for domestic and global trade and logistics hubs; allow wage requirement waivers for projects in specified counties (Bay, Escambia, Franklin, Gadsden, Gulf, Jefferson, Leon, Okaloosa, Santa Rosa, Wakulla, Walton) with reduced local financial support requirements through June 30, 2014.

Extend Energy Economic Zone Pilot Program report deadline from February 15, 2012, to February 15, 2015, and establish that all enterprise zone incentives and benefits must be available to energy economic zones by July 1, 2012.

Cap annual state incentives for each energy economic zone at $300,000 with five-year carryforward of unused amounts; require local governing bodies to issue certificates to eligible businesses and certify eligible businesses to the Department of Revenue.

Exempt developments in energy economic zones from development of regional impact review upon local governing body approval.