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FL H0563

Bill

Status

Failed

5/3/2013

Primary Sponsor

Dwight Dudley

Click for details

Origin

House of Representatives

2013 Regular Session

AI Summary

  • Creates section 288.076 requiring the Department of Economic Opportunity to maintain a publicly accessible website publishing return on investment data for state economic development programs

  • Mandates publication within 48 hours of confidentiality expiration for each project, including projected economic benefits, program details, participant business information, evaluation criteria, performance goals, and total state investment disbursed

  • Requires the Office of Economic and Demographic Research to establish methodology and formulas for calculating project economic benefits, with the department publishing results and methodology descriptions within 48 hours of agreement conclusion

  • Mandates annual updates to project information and annual publication of Quick Action Closing Fund progress data including average application review timeframes

  • Requires publication of redacted project contracts and reports on businesses failing to complete tax refund agreements within 48 hours; applies effective October 1, 2013

Legislative Description

Reporting Requirements for Economic Development Programs

Last Action

Died in Economic Affairs Committee, companion bill(s) passed, see CS/CS/HB 7007 (Ch. 2013-39), CS/SB 406 (Ch. 2013-42)

5/3/2013

Committee Referrals

Economic Affairs3/12/2013
Transportation And Economic Development Appropriations Subcommittee3/1/2013
Economic Development And Tourism Subcommittee2/6/2013

Full Bill Text

No bill text available