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FL S1378
Bill
Status
Introduced
2/24/2011
Primary Sponsor
Jack Latvala
Click for details
AI Summary
- Creates the "Small Business Jobs Creation Act" to streamline economic development incentive applications and reduce review timelines
- Reduces Enterprise Florida's application review period from 10 to 4 business days and the Office of Tourism, Trade, and Economic Development's certification period from 22 to 14 calendar days
- Reduces local government deadline to adopt financial support resolution from 90 to 45 days and requires businesses to sign tax refund agreements within 60 days (instead of 120 days), with up to 60-day extension available for good cause
- Waives minimum average wage requirements for the first year of tax refund agreements for target industry businesses entering agreements between July 1, 2011, and June 30, 2012
- Redefines "remuneration" in the Home Health Services Act to exclude items under $10 in individual value such as plaques, certificates, and promotional items
- Requires the Office of Tourism, Trade, and Economic Development to return unused local financial support within 6 months if a business fails to timely sign an agreement or withdraws from the program
Legislative Description
Economic Development
Last Action
Indefinitely postponed and withdrawn from consideration
5/7/2011
Committee Referrals
Commerce And Tourism3/7/2011
Full Bill Text
No bill text available