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FL S0392
Bill
AI Summary
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Extends the Florida Enterprise Zone Act expiration date from December 31, 2015 to December 31, 2025, continuing tax incentives and programs for designated economically distressed areas
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Replaces "enterprise zone development agencies" with "boards of enterprise zones" and requires municipalities or counties to designate a zone administrator as liaison between local government, the state department, and other organizations
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Adds new eligibility requirement that areas nominated as enterprise zones must have at least two designated components of the Strategic Intermodal System within 1 mile of the zone
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Allows governing bodies to apply for enterprise zone boundary changes annually instead of once every 3 years, and requires boards to adopt a resolution every 5 years confirming the zone continues to meet designation requirements
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Requires annual reports to include strategic plans with specific measurable goals, and mandates dissolution of enterprise zones that fail to meet their annual goals within a one-year extension period
Legislative Description
Enterprise Zones
Last Action
Died in Commerce and Tourism
5/1/2015