HB 7203 (2011) -  Economic Development

General Bill by Finance & Tax Committee and Precourt (CO-SPONSORS) Holder; Metz
Economic Development: Defines terms "full-time employee" & "qualified capital expenditures"; provides for apportionment of certain taxpayer's adjusted federal income solely by sales factor; provides for eligibility based on taxpayer's capital expenditures & number of full-time employees; authorizes DOR to examine & verify that taxpayer has correctly apportioned its taxes; authorizes OTTED to approve & revoke approval of an application; provides for recapture of unpaid taxes, interest, & penalties; authorizes OTTED & DOR to adopt rules; creates corporate income tax credit to continue credits available under Emergency Excise Tax; authorizes DOR to share information with OTTED relating to single sales factor apportionment used by taxpayer; repeals provisions repealing Emergency Excise Tax & related provisions; increases amount of credits to be awarded under Entertainment Industry Financial Incentive Program; authorizes certain governing bodies to apply to OTTED to amend boundary of an enterprise zone that includes rural area of critical economic concern; authorizes Martin County to apply to OTTED for designation of an enterprise zone; authorizes City of Palm Bay to apply to OTTED for designation of an enterprise zone; authorizes DOR to adopt emergency rules; provides appropriations.
Effective Date: July 1, 2011
Last Event: Died in House; companion bill(s) passed, see CS/HB 143 (Ch. 2011-76) on Saturday, May 7, 2011 2:07 AM
Date Available for Final Passage: Friday, April 08, 2011 12:33 PM

PCB committee actions:

  • PCB FTC 11-03 recommended by:
    Finance & Tax Committee

Related Bills

Bill # Subject Relationship
Bill #: CS/HB 143 Subject: Economic Development Relationship: Compare
Bill #: HB 669 Subject: Enterprise Zones Relationship: Compare
Bill #: HB 725 Subject: Enterprise Zones Relationship: Compare
Bill #: HB 1199 Subject: Corporate Income Tax Relationship: Compare
Bill #: HB 1275 Subject: Enterprise Zones Relationship: Compare
Bill #: SB 872 Subject: Enterprise Zones Relationship: Compare
Bill #: SB 1084 Subject: Enterprise Zones Relationship: Compare
Bill #: CS/SB 1506 Subject: Corporate Income Tax Relationship: Compare
Bill #: SB 1820 Subject: Enterprise Zones Relationship: Compare

Bill Text

  • Engrossed 1
    • D 482612 , Bogdanoff Date Filed: 04/06/11, Line#: 0 Senate: Adopted 4/7/2011 3:09:05 PM
    • C 061043 , Precourt Date Filed: 05/05/11, Line#: 0
  • Original Filed Version
    • A 871915 , Precourt Date Filed: 04/04/11, Line#: 607 House: Withdrawn 04/06/2011 08:34 AM
    • AA 248491 , Precourt Date Filed: 04/04/11, Line#: 262 House: Withdrawn 04/06/2011 08:35 AM
    • A 931107 , Metz Date Filed: 04/04/11, Line#: 919 House: Adopted 04/06/2011 12:33 PM
    • A 305479 , Precourt Date Filed: 04/04/11, Line#: 1071 House: Withdrawn 04/06/2011 08:35 AM
    • A 745645 (late) , Pilon Date Filed: 04/04/11, Line#: 1096 House: Withdrawn 04/05/2011 11:06 AM
  • PCB FTC 11-03

Staff Analysis

Chamber Committee
Chamber: Senate Committee: Budget Conference Committee on Budget/Appropriations 5/5/2011 7:25:24 PM
Chamber: House Committee: Finance & Tax Committee 3/31/2011 4:28:36 PM
Chamber: House Committee: Finance & Tax Committee 3/29/2011 9:35:53 AM

Vote History

Chamber Date Yeas Nays Action Action 2 Vote Detail Barcode
Chamber: House Date: 04/06/2011 12:35 PM   Yeas: 117 Nays: 0 Action: Passage Action 2: Vote Detail: Vote [Seq# 105] Barcode:
Chamber: Senate Date: 04/07/2011 03:09 PM   Yeas: 37 Nays: 2 Action: Action 2: Vote Detail: Vote [Seq# 44] Barcode:

Bill History

Event Time Member Committee Ver.
Event: H Died in House; companion bill(s) passed, see CS/HB 143 (Ch. 2011-76) Time: 05/07/2011 - 2:07 AM Member: Committee: Version: e1
Event: H Conference Committee Report considered-- Temporarily postponed Time: 05/07/2011 - 1:55 AM Member: Committee: Version: e1
Event: H Amendment 061043 filed Time: 05/05/2011 - 6:45 PM Member: Committee: Version: e1
Event: S Conference Committee appointed Time: 04/26/2011 - 9:56 PM Member: Committee: Version: e1
Event: H Conference Committee appointed Time: 04/26/2011 - 9:30 PM Member: Committee: Version: e1
Event: H In Messages Time: 04/07/2011 - 4:32 PM Member: Committee: Version: e1
Event: S Passed as amended; YEAS 37 NAYS 2 -SJ 453 Time: 04/07/2011 - 3:30 PM Member: Committee: Version: e1
Event: S Refused to concur, acceded to request for conference committee -SJ 453 Time: 04/07/2011 - 3:13 PM Member: Committee: Version: e1
Event: S Immediately certified -SJ 453 Time: 04/07/2011 - 3:11 PM Member: Committee: Version: e1
Event: S Placed on Special Order Calendar, 04/07/11 -SJ 452 Time: 04/07/2011 - 3:09 PM Member: Committee: Version: e1
Event: S Read 3rd time -SJ 453 Time: 04/07/2011 - 3:09 PM Member: Committee: Version: e1
Event: S Amendment(s) adopted (482612) -SJ 453 Time: 04/07/2011 - 3:09 PM Member: Committee: Version: e1
Event: S Read 2nd time -SJ 452 Time: 04/07/2011 - 3:08 PM Member: Committee: Version: e1
Event: S Withdrawn from Budget -SJ 452 Time: 04/07/2011 - 3:08 PM Member: Committee: Version: e1
Event: S Referred to Budget -SJ 452 Time: 04/07/2011 - 3:08 PM Member: Committee: Version: e1
Event: S Received -SJ 452 Time: 04/07/2011 - 3:08 PM Member: Committee: Version: e1
Event: S In Messages Time: 04/06/2011 - 3:32 PM Member: Committee: Version: e1
Event: H Message sent to senate Time: 04/06/2011 - 3:30 PM Member: Committee: Version: e1
Event: H Requests the Senate pass the bill as passed by the House or agree to conference Time: 04/06/2011 - 12:43 PM Member: Committee: Version: __
Event: H Immediately certified Time: 04/06/2011 - 12:39 PM Member: Committee: Version: __
Event: H Passage on third reading Time: 04/06/2011 - 12:35 PM Member: Committee: Version: __
Event: H Passed as amended; YEAS 117, NAYS 0 Time: 04/06/2011 - 12:34 PM Member: Committee: Version: __
Event: H Read 3rd time Time: 04/06/2011 - 12:33 PM Member: Committee: Version: __
Event: H Amendment 931107 adopted Time: 04/06/2011 - 12:33 PM Member: Committee: Version: __
Event: H Read 2nd time Time: 04/06/2011 - 12:29 PM Member: Committee: Version: __
Event: H Amendment 305479 withdrawn Time: 04/06/2011 - 8:35 AM Member: Committee: Version: __
Event: H Amendment 248491 withdrawn Time: 04/06/2011 - 8:35 AM Member: Committee: Version: __
Event: H Amendment 871915 withdrawn Time: 04/06/2011 - 8:34 AM Member: Committee: Version: __
Event: H Amendment 745645 withdrawn Time: 04/05/2011 - 11:06 AM Member: Committee: Version: __
Event: H Amendment 248491 filed Time: 04/04/2011 - 4:45 PM Member: Committee: Version: __
Event: H Amendment 745645 filed late Time: 04/04/2011 - 2:03 PM Member: Committee: Version: __
Event: H Amendment 931107 filed Time: 04/04/2011 - 1:38 PM Member: Committee: Version: __
Event: H Amendment 305479 filed Time: 04/04/2011 - 1:37 PM Member: Committee: Version: __
Event: H Amendment 871915 filed Time: 04/04/2011 - 1:37 PM Member: Committee: Version: __
Event: H Bill added to Special Order Calendar (4/6/2011) Time: 04/01/2011 - 4:01 PM Member: Committee: Version: __
Event: H Added to Second Reading Calendar Time: 03/31/2011 - 8:02 PM Member: Committee: Version: __
Event: H 1st Reading Time: 03/31/2011 - 8:01 PM Member: Committee: Version: __
Event: H Bill referred to House Calendar Time: 03/31/2011 - 4:42 PM Member: Committee: Version: __
Event: H Filed Time: 03/31/2011 - 4:36 PM Member: Committee: Finance & Tax Committee Version: __