FL H1175

Includes energy economic zones in the alternative state review process pilot program for local comprehensive plans under s. 163.32465.

Expands tax exemptions and credits to businesses in energy economic zones, including exemptions for machinery and equipment used in renewable energy production, building materials for property rehabilitation, business property, and electrical energy.

Creates fiscal incentives for energy economic zone businesses including jobs credits (s. 220.181), property tax credits (s. 220.182), sales tax credits (s. 212.096), and tax refunds for qualified target industries (s. 288.106).

Authorizes regulatory incentives including streamlined comprehensive plan amendment procedures, density bonuses for energy-efficient development, and up to 50 percent utility rate discounts for small businesses in the zones.

Caps total annual tax credits, refunds, and exemptions at $300,000 per energy economic zone ($600,000 statewide), extends the Department of Community Affairs reporting deadline to February 15, 2015, and allows priority ranking for grant programs.