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FL S1030
Bill
AI Summary
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Creates the Community Creative Grant Program within the Department of Economic Opportunity to provide grants to local governments for economic development projects that are not eligible for other state incentives
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Limits individual project grants to no more than 10% of total annual appropriations, with projects eligible to receive funding for a maximum of 5 consecutive fiscal years
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Requires projects to be new or innovative enterprises that create jobs, increase average wages, expand the property tax base, or provide tangible community benefits
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Prohibits grant funds from being used for businesses or sports teams relocating within Florida or for matching funds required by other state or federal incentive programs
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Mandates effectiveness studies by the Office of Program Policy Analysis and Government Accountability and the Office of Economic and Demographic Research, with reports due by January 15, 2019, and includes a sunset date of June 30, 2020
Legislative Description
Community Creative Grant Program
Last Action
Died in Community Affairs
5/1/2015