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CS/CS/HB 697 - Entertainment Industry Economic Development

General Bill   by Finance & Tax Council and Economic Development Policy Committee and Precourt and Ambler and Carroll (CO-SPONSORS) Abruzzo; Adams; Adkins; Anderson; Aubuchon; Bembry; Bernard; Bogdanoff; Bovo; Boyd; Brandenburg; Braynon; Brisé; Bullard; Burgin; Bush; Cannon; Chestnut; Clarke-Reed; Coley; Cretul; Crisafulli; Cruz; Culp; Domino; Dorworth; Drake; Eisnaugle; Evers; Fetterman; Fitzgerald; Flores; Ford; Fresen; Frishe; Galvano; Garcia; Gibbons; Gibson; Glorioso; Gonzalez; Grimsley; Hasner; Hays; Heller; Holder; Homan; Hooper; Horner; Hudson; Hukill; Jenne; Jones, M.; Kelly; Kiar; Kreegel; Kriseman; Llorente; Long; Lopez-Cantera; Mayfield; McBurney; McKeel; Murzin; Nehr; Nelson; O'Toole; Pafford; Patronis; Patterson; Plakon; Poppell; Porth; Proctor; Rader; Ray; Reagan; Reed; Rehwinkel Vasilinda; Renuart; Rivera; Robaina; Roberson, K.; Roberson, Y.; Rogers; Rouson; Sachs; Sands; Saunders; Schenck; Schwartz; Skidmore; Snyder; Soto; Stargel; Steinberg; Taylor; Thompson, N.; Thurston; Tobia; Troutman; Van Zant; Waldman; Weatherford; Weinstein; Williams, A.; Williams, T.; Wood; Workman; Zapata
Entertainment Industry Economic Development: Revises entertainment industry financial incentive program to provide corporate income tax & sales & use tax credits to qualified entertainment entities rather than reimbursements from appropriations; revises definitions, creation & scope, eligibility, & application & approval processes; delineates duties of OTTED, OFE, & DOR regarding award, election, transfer, audit, & revocation & forfeiture of credits; provides rulemaking authority for DOR & OTTED; repeals tax credit 7/1/2015; adds tax credits to order of application of tax credits against certain taxes; authorizes DOR to share certain tax information with OFE & OTTED; limits application of entertainment industry tax credits; requires electronic funds transfer for tax credits under ch. 212 & provides procedures for transfer.
Effective Date: July 1, 2010
Last Event: 04/30/10 S Died in Messages, companion bill(s) passed, see CS/SB 1752 (Ch. 2010-147) on Friday, April 30, 2010 8:47 PM
Date Available for Final Passage: Thursday, April 08, 2010 4:09 PM

Referred Committees and Committee Actions

House Referrals

    -  Economic Development Policy Committee
           On agenda for: 03/03/10 8:00 AM              Notice
        Favorable With Committee Substitute (final action)              See Votes
 
    -  Finance & Tax Council
           On agenda for: 03/25/10 1:00 PM              Notice
        Favorable With Council Substitute (final action)              See Votes
 

Related Bills
Bill # Subject Relationship
CS/CS/SB 1430 Entertainment Industry Economic Development [WPSC] Similar
CS/SB 1752 Economic Development [WPSC] Compare

Bill Text
Engrossed 1 
Committee Substitute 2  
A 836359 , Precourt Date Filed: 04/05/10, Line#: 60 House: Withdrawn 4/6/2010 4:06:50 PM
A 453503 , Precourt Date Filed: 04/05/10, Line#: 179 House: Adopted 4/6/2010 4:07:17 PM
A 519635 , Precourt Date Filed: 04/05/10, Line#: 371 House: Adopted 4/6/2010 4:07:58 PM
A 582497 , Precourt Date Filed: 04/05/10, Line#: 538 House: Adopted 4/6/2010 4:09:09 PM
Committee Substitute 1  Laid on the Table
Original Filed Version  

Staff Analysis

Vote History
Chamber Date Yeas Nays Actions   Vote Detail Barcode
House 04/06/2010 04:17 PM   117 0 Passage Vote [Seq# 677]
House 04/06/2010 04:18 PM   112 0 Cosponsor Vote [Seq# 678]

Bill History
Event Time Member Committee
04/30/10 S Died in Messages, companion bill(s) passed, see CS/SB 1752 (Ch. 2010-147) Friday, April 30, 2010 8:47 PM
Message sent to senate Tuesday, April 06, 2010 7:50 PM
04/06/10 S In Messages Tuesday, April 06, 2010 7:40 PM
Requests that the Senate pass the bill as passed by the House or agree to conference. Tuesday, April 06, 2010 7:19 PM
Immediately certified Tuesday, April 06, 2010 7:19 PM
Passage on third reading Tuesday, April 06, 2010 4:18 PM
CS passed as amended; YEAS 117, NAYS 0 Tuesday, April 06, 2010 4:17 PM
Read 3rd time Tuesday, April 06, 2010 4:09 PM
Amendment 582497 adopted Tuesday, April 06, 2010 4:09 PM
Amendment 519635 adopted Tuesday, April 06, 2010 4:07 PM
Amendment 453503 adopted Tuesday, April 06, 2010 4:07 PM
Amendment 836359 withdrawn Tuesday, April 06, 2010 4:06 PM
Read 2nd time Tuesday, April 06, 2010 3:55 PM
Amendment 582497 filed Monday, April 05, 2010 11:56 AM
Amendment 519635 filed Monday, April 05, 2010 11:56 AM
Amendment 453503 filed Monday, April 05, 2010 11:55 AM
Amendment 836359 filed Monday, April 05, 2010 11:55 AM
Bill added to Special Order Calendar (4/6/2010) Friday, April 02, 2010 2:36 PM
Added to Second Reading Calendar Tuesday, March 30, 2010 1:09 PM
Bill referred to House Calendar Tuesday, March 30, 2010 1:09 PM
1st Reading Monday, March 29, 2010 5:28 PM
CS Filed Monday, March 29, 2010 1:29 PM
Laid on Table under Rule 7.20 Monday, March 29, 2010 1:29 PM
Reported out of Finance & Tax Council Monday, March 29, 2010 1:22 PM Finance & Tax Council
Favorable with CS by Finance & Tax Council Thursday, March 25, 2010 6:00 PM Finance & Tax Council
Added to Finance & Tax Council agenda Tuesday, March 23, 2010 4:22 PM Finance & Tax Council
Now in Finance & Tax Council Thursday, March 11, 2010 9:28 AM Finance & Tax Council
Referred to Finance & Tax Council Thursday, March 11, 2010 9:28 AM Finance & Tax Council
1st Reading Tuesday, March 09, 2010 4:44 PM
CS Filed Tuesday, March 09, 2010 8:26 AM
Laid on Table under Rule 7.20 Tuesday, March 09, 2010 8:26 AM
Reported out of Economic Development Policy Committee Tuesday, March 09, 2010 8:10 AM Economic Development Policy Committee
Favorable with CS by Economic Development Policy Committee Wednesday, March 03, 2010 10:30 AM Economic Development Policy Committee
1st Reading Tuesday, March 02, 2010 10:50 PM
Added to Economic Development Policy Committee agenda Monday, March 01, 2010 3:30 PM Economic Development Policy Committee
Now in Economic Development Policy Committee Thursday, January 28, 2010 2:54 PM Economic Development Policy Committee
Referred to Finance & Tax Council Thursday, January 28, 2010 2:54 PM Finance & Tax Council
Referred to Economic Development Policy Committee Thursday, January 28, 2010 2:54 PM Economic Development Policy Committee
Filed Tuesday, January 19, 2010 7:26 AM Precourt

Statutes Referenced by this Bill
220.02
213.053
288.1254
212.08
 

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