House Bill 4751

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    Florida House of Representatives - 1998                HB 4751

        By the Committee on Business Development & International
    Trade and Representative Valdes





  1                      A bill to be entitled

  2         An act relating to economic development;

  3         amending s. 118.10, F.S.; revising definitions;

  4         clarifying eligibility and authority for

  5         certain international notaries; amending s.

  6         163.3178, F.S.; requiring certain ports to

  7         identify certain spoil disposal sites;

  8         requiring such ports to prepare comprehensive

  9         master plans; amending s. 163.3187, F.S.;

10         exempting comprehensive plan amendments for

11         port transportation facilities and projects

12         from a time limitation; creating s. 220.1896,

13         F.S.; creating the small business investment

14         credit against corporate income tax; providing

15         definitions; providing eligibility and filing

16         requirements; amending s. 220.02, F.S.;

17         including the credit within the order of

18         priority of application of certain credits;

19         amending s. 288.095, F.S.; prohibiting the

20         Office of Tourism, Trade, and Economic

21         Development from obligating or encumbering the

22         Legislature's appropriation of funds for

23         certain tax refund programs in excess of

24         certain amounts; amending s. 288.8155, F.S.;

25         authorizing the International Trade Data

26         Resource and Research Center to create an

27         Internet-based information system; amending s.

28         288.90151, F.S.; revising the matching private

29         funding requirements for Enterprise Florida,

30         Inc.; providing for partial release of funds

31         placed in reserve under specified

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  1         circumstances; amending s. 288.9412, F.S.;

  2         creating the Minority Business Advisory Council

  3         under the Enterprise Florida International

  4         Trade and Economic Development Board; providing

  5         membership, powers, and duties of the council;

  6         requiring annual report; requiring Enterprise

  7         Florida, Inc., to set aside certain funds for

  8         certain purposes; amending s. 288.9607, F.S.;

  9         extending the expiration date on the use of

10         certain State Transportation Trust Fund

11         investment earnings; amending s. 288.9614,

12         F.S.; providing that state appropriated funds

13         may not be expended by Enterprise Florida,

14         Inc., or its affiliates on certain venture

15         capital funds; amending s. 311.07, F.S.;

16         providing that projects eligible for funding

17         under the Florida Seaport Transportation and

18         Economic Development Program must be consistent

19         with port master plans; exempting certain port

20         transportation facilities and projects from

21         review as developments of regional impact;

22         amending s. 311.09, F.S.; declaring that

23         projects eligible for funding under the Florida

24         Seaport Transportation and Economic Development

25         Program are presumed to be in the public

26         interest; amending s. 315.03, F.S.; delineating

27         powers for certain local governmental entities

28         that consist of three or more ports; s. 320.20,

29         F.S.; authorizing such entities to act as

30         agents for the Department of Transportation;

31         amending s. 380.06, F.S.; exempting certain

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  1         port projects from review as developments of

  2         regional impact; amending s. 341.053, F.S.;

  3         requiring the Department of Transportation to

  4         review funding requests of certain

  5         transportation authorities; creating the

  6         Strategic Intermodal Transportation and

  7         Economic Development Planning Council;

  8         providing for membership and duties of the

  9         council; requiring reports; specifying

10         contents; requiring the council to update a

11         certain needs list; requiring certain projects

12         to be included in the department's work

13         program; requiring the Transportation

14         Commission to review the council's needs list

15         and the department's work program; requiring a

16         review and analysis report; providing an

17         effective date.

18

19  Be It Enacted by the Legislature of the State of Florida:

20

21         Section 1.  Section 118.10, Florida Statutes, is

22  amended to read:

23         118.10  Florida international notary.--

24         (1)  As used in this section, the term:

25         (a)  "Authentic act Authentication instrument" means an

26  instrument executed by a Florida international notary

27  referencing this section, which includes the particulars and

28  capacities to act of transacting parties, a confirmation of

29  the full text of the instrument, the signatures of the parties

30  or legal equivalent thereof, and the signature and seal of a

31  Florida international notary as prescribed by the Florida

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  1  Secretary of State for use in a jurisdiction outside the

  2  borders of the United States.

  3         (b)  "Florida international notary" means a person who

  4  is a member in good standing of The Florida Bar admitted to

  5  the practice of law in this state, who has practiced law for

  6  at least 5 years, and who is appointed by the Secretary of

  7  State as a Florida international notary.

  8         (c)  "Protocol" means a registry maintained by a

  9  Florida international notary in which the acts of the Florida

10  international notary are archived.

11         (2)  The Secretary of State shall have the power to

12  appoint Florida international notaries and administer this

13  section.

14         (3)  A Florida international notary is authorized to

15  issue authentication instruments for use in non-United States

16  jurisdictions. A Florida international notary is not

17  authorized to issue authentic acts authentication instruments

18  for use in a non-United States jurisdiction if the United

19  States Department of State has determined that the

20  jurisdiction does not have diplomatic relations with the

21  United States or is a terrorist country, or if trade with the

22  jurisdiction is prohibited under the Trading With the Enemy

23  Act of 1917, as amended, 50 U.S.C. ss. 1, et seq.

24         (4)  The authentication instruments of a Florida

25  international notary shall not be considered authentication

26  instruments within the borders of the United States and shall

27  have no consequences or effects as authentication instruments

28  in the United States.

29         (4)(5)  The authentic acts authentication instruments

30  of a Florida international notary shall be recorded in the

31

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  1  Florida international notary's protocol in a manner prescribed

  2  by the Secretary of State.

  3         (5)(6)  The Secretary of State may adopt rules

  4  prescribing:

  5         (a)  The form and content of signatures and seals or

  6  their legal equivalents for authentic acts authentication

  7  instruments;

  8         (b)  Procedures for the permanent archiving of

  9  authentic acts authentication instruments;

10         (c)  The charging of reasonable fees to be retained by

11  the Secretary of State for the purpose of administering this

12  section;

13         (d)  Educational requirements and procedures for

14  testing applicants' knowledge of the effects and consequences

15  associated with authentic acts authentication instruments in

16  jurisdictions outside the United States;

17         (e)  Procedures for the disciplining of Florida

18  international notaries, including the suspension and

19  revocation of appointments for misrepresentation or fraud

20  regarding the Florida international notary's authority, the

21  effect of the Florida international notary's authentic acts

22  authentication instruments, or the identities or acts of the

23  parties to a transaction; and

24         (f)  Other matters necessary for administering this

25  section.

26         (6)(7)  The Secretary of State shall not regulate,

27  discipline or attempt to discipline, or establish any

28  educational requirements for any Florida international notary

29  for, or with regard to, any action or conduct that would

30  constitute the practice of law in this state, except by

31  agreement with The Florida Bar.  The Secretary of State shall

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  1  not establish as a prerequisite to the appointment of a

  2  Florida international notary any test containing any question

  3  that inquires of the applicant's knowledge regarding the

  4  practice of law in the United States, except by agreement with

  5  The Florida Bar.

  6         (7)(8)  This section shall not be construed as

  7  abrogating the provisions of any other act relating to

  8  notaries public, attorneys, or the practice of law in this

  9  state.

10         Section 2.  Subsection (7) of section 163.3178, Florida

11  Statutes, is amended to read:

12         163.3178  Coastal management.--

13         (7)  Each port listed in s. 311.09(1), and each local

14  government in the coastal area which has spoil disposal

15  responsibilities shall provide for or identify disposal sites

16  for dredged materials in the future land use and port elements

17  of the local comprehensive plan as needed to assure proper

18  long-term management of material dredged from navigation

19  channels, sufficient long-range disposal capacity,

20  environmental sensitivity and compatibility, and reasonable

21  cost and transportation.  The disposal site selection criteria

22  shall be developed in consultation with navigation and inlet

23  districts and other appropriate state and federal agencies and

24  the public. For areas owned or controlled by ports listed in

25  s. 311.09(1), and proposed port expansion areas, compliance

26  with the provisions of this subsection shall be achieved

27  through comprehensive master plans prepared by each port and

28  integrated with the appropriate local plan pursuant to s.

29  163.3178(2)(k).

30

31

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  1         Section 3.  Paragraph (g) is added to subsection (1)

  2  and paragraph (d) is added to subsection (6) of section

  3  163.3187, Florida Statutes, to read:

  4         163.3187  Amendment of adopted comprehensive plan.--

  5         (1)  Amendments to comprehensive plans adopted pursuant

  6  to this part may be made not more than two times during any

  7  calendar year, except:

  8         (g)  Any comprehensive plan amendments for port

  9  transportation facilities and projects which are eligible for

10  funding by the Florida Seaport Transportation and Economic

11  Development Council pursuant to the provisions of s. 311.07.

12         (6)  No local government may amend its comprehensive

13  plan after the date established by rule for submittal of its

14  evaluation and appraisal report unless it has submitted its

15  report or addendum to the state land planning agency as

16  prescribed by s. 163.3191, except for:

17         (d)  Plan amendments for port transportation facilities

18  and projects which are eligible for funding by the Florida

19  Seaport Transportation and Economic Development Council

20  pursuant to the provisions of s. 311.07.

21

22  When the agency has determined that the report or addendum has

23  sufficiently addressed all pertinent provisions of s.

24  163.3191, the local government may proceed with plan

25  amendments in addition to those necessary to implement

26  recommendations in the report or addendum.

27         Section 4.  Subsection (10) of section 220.02, Florida

28  Statutes, is amended to read:

29         220.02  Legislative intent.--

30         (10)  It is the intent of the Legislature that credits

31  against either the corporate income tax or the franchise tax

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  1  be applied in the following order: those enumerated in s.

  2  220.68, those enumerated in s. 631.719(1), those enumerated in

  3  s. 631.705, those enumerated in s. 220.18, those enumerated in

  4  s. 631.828, those enumerated in s. 220.181, those enumerated

  5  in s. 220.183, those enumerated in s. 220.182, those

  6  enumerated in s. 220.1895, those enumerated in s. 221.02,

  7  those enumerated in s. 220.184, those enumerated in s.

  8  220.186, and those enumerated in s. 220.188, and those

  9  enumerated in s. 220.1896.

10         Section 5.  Section 220.1896, Florida Statutes, is

11  created to read:

12         220.1896  Small business investment credit.--

13         (1)(a)  Beginning July 1, 1998, and ending June 30,

14  1999, there shall be allowed a credit against the tax imposed

15  by this chapter to any small business that makes a capital

16  investment during July 1, 1998, and June 30, 1999.  The credit

17  shall be computed as 20 percent of the amount of capital

18  investment made during that period.

19         (b)  If the credit granted pursuant to this section is

20  not fully used during July 1, 1998, through June 30, 1999, the

21  unused amount may be carried forward for a period not to

22  exceed 3 years.  The carryover credit may be used in a

23  subsequent year when the tax imposed by this chapter for such

24  year exceeds the credit for such year after applying the other

25  credits and unused credit carryovers in the order provided in

26  s. 220.02(10).

27         (2)  When filing for a small business investment

28  credit, a small business shall include a copy of its receipts

29  or invoices indicating a capital investment purchase during

30  July 1, 1998, through June 30, 1999.

31

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  1         (3)  For purposes of the credit provided in this

  2  section:

  3         (a)  "Small business" means any business with 20

  4  employees or less.

  5         (b)  "Capital investment" means the purchase of any

  6  real or tangible property with a purchase value equal to or

  7  greater than $500.

  8         (4)  It shall be the responsibility of the taxpayer to

  9  affirmatively demonstrate to the satisfaction of the

10  department that he or she meets the requirements of this

11  section.

12         (5)  Any person who fraudulently claims the credit

13  provided in this section commits a felony of the third degree,

14  punishable as provided in s. 775.082, s. 775.083, or s.

15  775.084 and is liable for repayment of the credit, plus a

16  mandatory penalty in the amount of 200 percent of the credit,

17  plus interest at the rate provided in s. 220.8071.

18         (6)  The provisions of this section, except paragraph

19  (1)(b) and subsection (5), shall expire and be void on

20  December 1, 1999.

21         Section 6.  Paragraph (b) of subsection (3) of section

22  288.095, Florida Statutes, is amended to read:

23         288.095  Economic Development Trust Fund.--

24         (3)

25         (b)1.  The total amount of tax refunds approved by the

26  Office of Tourism, Trade, and Economic Development pursuant to

27  ss. 288.1045, 288.106, and 288.107 shall not exceed the amount

28  appropriated to the Economic Development Incentives Account

29  for such purposes for the fiscal year. In the event the

30  Legislature does not appropriate an amount sufficient to

31  satisfy projections by the office for tax refunds under ss.

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  1  288.1045, 288.106, and 288.107 in a fiscal year, the Office of

  2  Tourism, Trade, and Economic Development shall, not later than

  3  July 15 of such year, determine the proportion of each refund

  4  claim which shall be paid by dividing the amount appropriated

  5  for tax refunds for the fiscal year by the projected total of

  6  refund claims for the fiscal year. The amount of each claim

  7  for a tax refund shall be multiplied by the resulting

  8  quotient. If, after the payment of all such refund claims,

  9  funds remain in the Economic Development Incentives Account

10  for tax refunds, the office shall recalculate the proportion

11  for each refund claim and adjust the amount of each claim

12  accordingly.

13         2.  The Office of Tourism, Trade, and Economic

14  Development or any agents of the office shall not enter into

15  any contract, agreement, legal consideration, or obligation

16  that encumbers or obligates the Legislature to appropriate in

17  any fiscal year an amount in excess of the amount appropriated

18  for tax refunds under ss. 288.1045, 288.106, and 288.107 in

19  the current fiscal year.

20         Section 7.  Subsection (3) is added to section

21  288.8155, Florida Statutes, to read:

22         288.8155  International Trade Data Resource and

23  Research Center.--Enterprise Florida, Inc., and the Florida

24  Seaport Transportation and Economic Development Council may

25  establish a comprehensive trade data resource and research

26  center to be known as the "International Trade Data Resource

27  and Research Center."  The center may join with other public

28  sector or private sector entities, domestic or foreign, to

29  accomplish its purposes.

30         (3)  The center may create an Internet-based system to

31  form an information partnership between this state and its

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  1  strategic trading partners in the Western Hemisphere.  Prior

  2  to creating the system, the center shall prepare a

  3  comprehensive plan for the development and operation of the

  4  system that includes a cost analysis, performance measures,

  5  and objective outcomes for the system.  The plan shall be

  6  approved by the board and copies of the plan shall be

  7  delivered to the Legislature and the Office of Tourism, Trade,

  8  and Economic Development prior to the release of any funds for

  9  the system.

10         Section 8.  Section 288.90151, Florida Statutes, is

11  amended to read:

12         288.90151  Funding for contracting with Enterprise

13  Florida, Inc.--

14         (1)(a)  From funds appropriated from the General

15  Revenue Fund to the Office of Tourism, Trade, and Economic

16  Development for the purpose of annually contracting with

17  Enterprise Florida, Inc., 10 percent of such funds for the

18  fiscal year 1996-1997, 20 percent of such funds for the fiscal

19  year 1997-1998, 30 percent of such funds for the fiscal year

20  1998-1999, 40 percent of such funds for the fiscal year

21  1999-2000, and 50 percent of such funds for the fiscal year

22  2000-2001 shall be placed in reserve by the Executive Office

23  of the Governor.  The funds may be released through a budget

24  amendment, in accordance with chapter 216, as requested by

25  Enterprise Florida, Inc., through the Office of Tourism,

26  Trade, and Economic Development if Enterprise Florida, Inc.,

27  has provided sufficient documentation that the same amount of

28  matching private funds as the amount placed in reserve has

29  been contributed during the same fiscal year to Enterprise

30  Florida, Inc., in support of its economic development efforts.

31  If sufficient documentation is not provided by the end of the

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  1  fiscal year, such funds shall revert back to the General

  2  Revenue Fund.

  3         (b)  In fiscal years 1999-2000 and 2000-2001, 50

  4  percent of the funds placed in reserve may be released by the

  5  same budget amendment process if Enterprise Florida, Inc., has

  6  provided sufficient documentation that the amount of matching

  7  private funds contributed during the same fiscal year to

  8  Enterprise Florida, Inc., is equal to 75 percent of the funds

  9  placed in reserve. The remaining funds in reserve may be

10  released by the same budget amendment process if Enterprise

11  Florida, Inc., meets the requirements of paragraph (a).

12

13  In each fiscal year, at least 55 percent of the matching

14  private funds required to be documented under this subsection

15  must be comprised of the first category of matching private

16  funds described in subsection (3).

17         (2)  Prior to the 1999 Regular Session of the

18  Legislature, the Office of Program Policy Analysis and

19  Government Accountability shall conduct a review of the

20  contributions made to Enterprise Florida, Inc., during the

21  prior 3 years pursuant to this section.  The review must be

22  conducted in such a manner as to determine the amount and type

23  of matching private funds contributed and the circumstances

24  affecting the ability to achieve or not achieve the specified

25  amount of matching private funds for each year.  Based on this

26  information and historical data, the Office of Program Policy

27  Analysis and Governmental Accountability shall determine

28  whether the funding levels of matching private funds for

29  fiscal year 1999-2000, and fiscal year 2000-2001, as specified

30  in this section, are appropriate.  This report shall be

31  submitted by January 1, 1999, to the President of the Senate,

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  1  the Speaker of the House of Representatives, the Senate

  2  Minority Leader, and the House Minority Leader.

  3         (3)  For the purposes of this section, matching private

  4  funds shall be divided into two categories. The first category

  5  of matching private funds shall include any payment of cash

  6  made in response to a solicitation by Enterprise Florida,

  7  Inc., and used exclusively by Enterprise Florida, Inc., in its

  8  operations or programs, excluding any payment of cash made by

  9  any entity to qualify for any Enterprise Florida, Inc., state,

10  or local incentive, grant, or loan program, or any cash

11  received by Enterprise Florida, Inc., pursuant to a grant or

12  contract. The second category of matching private funds shall

13  include a conveyance of property, or payment or distribution

14  of property or anything of value, including contributions

15  in-kind having an attributable monetary value in any form, and

16  including any payment of cash not counted within the first

17  category of matching private funds. Contributions in-kind

18  include, but are not limited to, goods or services rendered.

19  The cost of the contribution shall be the reasonable cost to

20  the sponsor of the goods or services.

21         Section 9.  Subsection (8) is added to section

22  288.9412, Florida Statutes, to read:

23         288.9412  International Trade and Economic Development

24  Board.--

25         (8)  The board shall create a Minority Business

26  Advisory Council for the purpose of advising and assisting the

27  board and Enterprise Florida, Inc., in carrying out their

28  duties with respect to minority business development.

29         (a)  The council shall be composed of a minimum of 20

30  members, a majority of whom shall be representatives from the

31  private sector, including a representative from the Office of

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  1  Tourism, Trade, and Economic Development, a representative

  2  from the Minority Business Advocacy and Assistance Office, and

  3  a representative from the Florida Black Business Investment

  4  Board.

  5         (b)  The council shall meet at least three times a year

  6  and at other times upon the request of the board.

  7         (c)  The powers and duties of the council include, but

  8  are not limited to:

  9         1.  Coordinating state activities with respect to the

10  development of minority businesses.

11         2.  Researching and reviewing the role of minority

12  businesses in the state's economy.

13         3.  Reviewing issues and emerging topics relating to

14  minority businesses economic development.

15         4.  Studying the ability of financial markets and

16  institutions to meet minority business credit needs and

17  determining the impact of government demands on credit for

18  minority businesses.

19         6.  Assessing the reasonableness and effectiveness of

20  efforts by any state agency or by all state agencies

21  collectively to assist minority business enterprises.

22         7.  Advising the board, the Governor, and the

23  Legislature on matters relating to minority business

24  development.

25         (d)  On or before December 31 of each year, the council

26  shall present an annual report to the board that sets forth in

27  appropriate detail the business transacted by the council

28  during the year and any recommendations to the board,

29  including those to improve business opportunities for minority

30  business enterprises.

31

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  1         (e)  Enterprise Florida, Inc., shall set aside at least

  2  one-fifth of the state appropriated funds Enterprise Florida,

  3  Inc., and its affiliates received from the General Revenue

  4  Fund each year in order to implement the recommendations of

  5  the council.

  6         Section 10.  Paragraph (a) of subsection (7) of section

  7  288.9607, Florida Statutes, is amended to read:

  8         288.9607  Guaranty of bond issues.--

  9         (7)(a)  The corporation is authorized to enter into an

10  investment agreement with the Department of Transportation and

11  the State Board of Administration concerning the investment of

12  the earnings accrued and collected upon the investment of the

13  minimum balance of funds required to be maintained in the

14  State Transportation Trust Fund pursuant to s. 339.135(7)(b).

15  Such investment shall be limited as follows:

16         1.  Not more than $4 million of the investment earnings

17  earned on the investment of the minimum balance of the State

18  Transportation Trust Fund in a fiscal year shall be at risk at

19  any time on one or more bonds or series of bonds issued by the

20  corporation.

21         2.  The investment earnings shall not be used to

22  guarantee any bonds issued after June 30, 2002 1998, and in no

23  event shall the investment earnings be used to guarantee any

24  bond issued for a maturity longer than 15 years.

25         3.  The corporation shall pay a reasonable fee, set by

26  the State Board of Administration, in return for the

27  investment of such funds. The fee shall not be less than the

28  comparable rate for similar investments in terms of size and

29  risk.

30         4.  The proceeds of bonds, or portions thereof, issued

31  by the corporation for which a guaranty has been or will be

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  1  issued pursuant to s. 288.9606, s. 288.9608, or this section

  2  used to make loans to any one person, including any related

  3  interests, as defined in s. 658.48, of such person, shall not

  4  exceed 20 percent of the principal of all such outstanding

  5  bonds of the corporation issued prior to the first composite

  6  bond issue of the corporation, or December 31, 1995, whichever

  7  comes first, and shall not exceed 15 percent of the principal

  8  of all such outstanding bonds of the corporation issued

  9  thereafter, in each case determined as of the date of issuance

10  of the bonds for which such determination is being made and

11  taking into account the principal amount of such bonds to be

12  issued. The provisions of this subparagraph shall not apply

13  when the total amount of all such outstanding bonds issued by

14  the corporation is less than $10 million.  For the purpose of

15  calculating the limits imposed by the provisions of this

16  subparagraph, the first $10 million of bonds issued by the

17  corporation shall be taken into account.

18         5.  The corporation shall establish a debt service

19  reserve account which contains not less than 6 months' debt

20  service reserves from the proceeds of the sale of any bonds,

21  or portions thereof, guaranteed by the corporation.

22         6.  The corporation shall establish an account known as

23  the Revenue Bond Guaranty Reserve Account, the Guaranty Fund.

24  The corporation shall deposit a sum of money or other cash

25  equivalents into this fund and maintain a balance of money or

26  cash equivalents in this fund, from sources other than the

27  investment of earnings accrued and collected upon the

28  investment of the minimum balance of funds required to be

29  maintained in the State Transportation Trust Fund, not less

30  than a sum equal to 1 year of maximum debt service on all

31  outstanding bonds, or portions thereof, of the corporation for

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  1  which a guaranty has been issued pursuant to ss. 288.9606,

  2  288.9607, and 288.9608. In the event the corporation fails to

  3  maintain the balance required pursuant to this subparagraph

  4  for any reason other than a default on a bond issue of the

  5  corporation guaranteed pursuant to this section or because of

  6  the use by the corporation of any such funds to pay insurance,

  7  maintenance, or other costs which may be required for the

  8  preservation of any project or other collateral security for

  9  any bond issued by the corporation, or to otherwise protect

10  the Revenue Bond Guaranty Reserve Account from loss while the

11  applicant is in default on amortization payments, or to

12  minimize losses to the reserve account in each case in such

13  manner as may be deemed necessary or advisable by the

14  corporation, the corporation shall immediately notify the

15  Department of Transportation of such deficiency. Any

16  supplemental funding authorized by an investment agreement

17  entered into with the Department of Transportation and the

18  State Board of Administration concerning the use of investment

19  earnings of the minimum balance of funds is void unless such

20  deficiency of funds is cured by the corporation within 90 days

21  after the corporation has notified the Department of

22  Transportation of such deficiency.

23

24  The corporation shall include, as part of the annual report

25  prepared pursuant to s. 288.9610, a detailed report concerning

26  the use of guaranteed bond proceeds for loans guaranteed or

27  issued pursuant to any agreement with the Florida Black

28  Business Investment Board, including the percentage of such

29  loans guaranteed or issued and the total volume of such loans

30  guaranteed or issued.

31

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  1         Section 11.  Section 288.9614, Florida Statutes, is

  2  amended to read:

  3         288.9614  Authorized programs.--

  4         (1)  The capital development board may take any action

  5  that it deems necessary to achieve the purposes of this act in

  6  partnership with private enterprises, public agencies, and

  7  other organizations, including, but not limited to, efforts to

  8  address the long-term debt needs of small-sized and

  9  medium-sized firms, to address the needs of microenterprises,

10  to expand availability of venture capital, and to increase

11  international trade and export finance opportunities for firms

12  critical to achieving the purposes of this act.

13         (2)  The capital development board or Enterprise

14  Florida, Inc., shall not expend any state appropriated funds

15  on any venture capital fund created by Enterprise Florida,

16  Inc., and its affiliates or any other entity that does not

17  solely invest in businesses located in this state.

18         Section 12.  Section 311.07, Florida Statutes, is

19  amended to read:

20         311.07  Florida seaport transportation and economic

21  development funding.--

22         (1)  There is created the Florida Seaport

23  Transportation and Economic Development Program within the

24  Department of Transportation to finance port transportation or

25  port facilities and projects that will improve the movement

26  and intermodal transportation of cargo or passengers in

27  commerce and trade and that will support the interests,

28  purposes, and requirements of ports located in this state.

29         (2)  A minimum of $8 million per year shall be made

30  available from the State Transportation Trust Fund to fund the

31

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  1  Florida Seaport Transportation and Economic Development

  2  Program.

  3         (3)(a)  Program funds shall be used to fund approved

  4  projects on a 50-50 matching basis with any of the deepwater

  5  ports, as listed in s. 403.021(9)(b), which is governed by a

  6  public body or any other deepwater port which is governed by a

  7  public body and which complies with the water quality

  8  provisions of s. 403.061, the comprehensive master plan

  9  requirements of s. 163.3178(2)(k), the local financial

10  management and reporting provisions of part III of chapter

11  218, and the auditing provisions of s. 11.45(3)(a)4. Program

12  funds also may be used by the Seaport Transportation and

13  Economic Development Council to develop with the Florida Trade

14  Data Center such trade data information products which will

15  assist Florida's seaports and international trade.

16         (b)  Projects eligible for funding by grants under the

17  program are limited to the following port transportation

18  facilities and or port transportation projects:

19         1.  Transportation facilities within the jurisdiction

20  of the port.

21         2.  The dredging or deepening of channels, turning

22  basins, or harbors.

23         3.  The construction or rehabilitation of wharves,

24  docks, structures, jetties, piers, storage facilities, cruise

25  terminals, automated people mover systems, or any facilities

26  necessary or useful in connection with any of the foregoing.

27         4.  The acquisition of container cranes or other

28  mechanized equipment used in the movement of cargo or

29  passengers in international commerce.

30

31

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  1         5.  The acquisition of land to be used for port

  2  purposes as described in, or consistent with, port master

  3  plans.

  4         6.  The acquisition, improvement, enlargement, or

  5  extension of existing port facilities as described in, or

  6  consistent with, port master plans.

  7         7.  Environmental protection projects which are

  8  necessary because of requirements imposed by a state agency as

  9  a condition of a permit or other form of state approval; which

10  are necessary for environmental mitigation required as a

11  condition of a state, federal, or local environmental permit;

12  which are necessary for the acquisition of spoil disposal

13  sites and improvements to existing and future spoil sites; or

14  which result from the funding of eligible projects listed

15  herein.

16         8.  Transportation facilities as defined in s.

17  334.03(31) which are not otherwise part of the Department of

18  Transportation's adopted work program.

19         9.  Seaport intermodal access projects identified in

20  the 5-year Florida Seaport Mission Plan as provided in s.

21  311.09(3).

22         (c)  To be eligible for consideration by the council

23  pursuant to this section, a project must be consistent with

24  the port comprehensive master plan which is incorporated as

25  part of the approved local government comprehensive plan as

26  required by s. 163.3178(2)(k) or other provisions of the Local

27  Government Comprehensive Planning and Land Development

28  Regulation Act, part II of chapter 163.

29         (d)  Pursuant to the provisions of s. 163.3178(3), port

30  transportation facilities and projects which are eligible for

31

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  1  consideration by the council pursuant to this section shall

  2  not be subject to development of regional impact review.

  3         (4)  A port eligible for matching funds under the

  4  program may receive a distribution of not more than $7 million

  5  during any 1 calendar year and a distribution of not more than

  6  $30 million during any 5-calendar-year period.

  7         (5)  Any port which receives funding under the program

  8  shall institute procedures to ensure that jobs created as a

  9  result of the state funding shall be subject to equal

10  opportunity hiring practices in the manner provided in s.

11  110.112.

12         (6)  The Department of Transportation shall subject any

13  project that receives funds pursuant to this section to a

14  final audit.  The department may adopt rules and perform such

15  other acts as are necessary or convenient to ensure that the

16  final audits are conducted and that any deficiency or

17  questioned costs noted by the audit are resolved.

18         Section 13.  Subsection (9) of section 311.09, Florida

19  Statutes, is amended to read:

20         311.09  Florida Seaport Transportation and Economic

21  Development Council.--

22         (9)  The council shall review the findings of the

23  Department of Community Affairs; the Office of Tourism, Trade,

24  and Economic Development; and the Department of

25  Transportation.  Projects found to be inconsistent pursuant to

26  subsections (6), (7), and (8) and projects which have been

27  determined not to offer an economic benefit to the state

28  pursuant to subsection (8) shall not be included in the list

29  of projects to be funded. Projects found to be consistent

30  pursuant to subsection (6), (7), and (8) shall be presumed in

31  the public interest.

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  1         Section 14.  Section 315.03, Florida Statutes, is

  2  amended to read:

  3         315.03  Grant of powers.--

  4         (1)  Each unit is hereby authorized and empowered:

  5         (a)(1)  To acquire, construct, lease, operate and

  6  maintain any port facilities either within or without or

  7  partly within and partly without the corporate limits of the

  8  unit, or within or partly within the corporate limits of any

  9  other unit on property owned or acquired by it; provided,

10  however, that no unit shall acquire, construct, lease, operate

11  or maintain port facilities other than channels or turning

12  basins in any county of the state other than the county in

13  which such unit is located without securing the prior approval

14  or consent of the unit or units in which such port facilities

15  are proposed to be located, which approval or consent, if

16  given, shall be evidenced by a resolution or ordinance duly

17  adopted.

18         (b)(2)  To acquire by purchase, grant, gift or lease or

19  by the exercise of the right of eminent domain and to hold and

20  dispose of any property, real or personal, tangible or

21  intangible, or any right or interest in any such property, for

22  or in connection with any port facilities, whether or not

23  subject to mortgage, liens, charges or other encumbrances.

24         (c)(3)  To add to or extend, or cause or permit to be

25  added to or extended, any existing lands or islands now or

26  hereafter owned by a unit bordering on or being in any waters

27  by the pumping of sand or earth from any land under water or

28  by any other means of construction, as a part of or for the

29  purpose of providing any port facilities or for the purpose of

30  improving, creating or extending any property of the unit for

31  use of or disposal by the unit.

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  1         (d)(4)  To construct, or cause or permit to be

  2  constructed, an island or islands in any waters by the pumping

  3  of sand or earth from any land under water or by any other

  4  means of construction, as a part of or for the purpose of

  5  providing any port facilities.

  6         (e)(5)  To construct any bridge, tunnel, road or

  7  causeway, or any combination thereof, to, from or between any

  8  port facilities.

  9         (f)(6)  To dredge or deepen harbors, channels and

10  turning basins, to cooperate with the United States or any

11  agency thereof in the dredging or deepening of any harbor,

12  channel or turning basin, to enter into contracts with the

13  United States or with any agency thereof concerning any such

14  dredging or deepening project, and to pay such amounts to the

15  United States or any agency thereof or to others as shall be

16  required by the terms of any such contract.

17         (g)(7)  To fill in, extend and enlarge, or cause or

18  permit to be filled in, extended and enlarged, any existing

19  port facilities, to demolish and remove any and all structures

20  thereon or constituting a part thereof, and otherwise to

21  prepare the same for sale or lease to provide funds for

22  financing port facilities under the provisions of this law.

23         (h)(8)  To acquire any existing port facilities and to

24  fill in, extend, enlarge or improve the same, or to cause or

25  permit the same to be extended, enlarged or improved, for any

26  public purpose or for sale or lease for the purpose of

27  providing funds for the acquisition by the unit of any port

28  facilities or for the payment of bonds, notes or other

29  obligations of the unit for or in connection with any port

30  facilities.

31

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  1         (i)(9)  To sell at public or private sale or lease for

  2  public or private purposes all or any portion of any port

  3  facilities now or hereafter owned by the unit, including any

  4  such facilities as extended, enlarged or improved, and all or

  5  any portion of any property of the unit improved, created,

  6  extended or enlarged under the authority of this law, on such

  7  terms and subject to such conditions as the governing body

  8  shall determine to be in the best interests of the unit.

  9         (j)(10)  To contract for the purchase by the unit of

10  any port facilities to be constructed, enlarged, extended or

11  improved by any public body, agency or instrumentality or by

12  any private person, firm or corporation, and to provide for

13  payment of the purchase price thereof in such manner as may be

14  deemed by the governing body to be in the best interests of

15  the unit, including, but without limitation, the sale or

16  exchange of any property of the unit therefor or the issuance

17  of bonds or other obligations of the unit.

18         (k)(11)  To accept loans or grants of money or

19  materials or property at any time from the United States or

20  the State of Florida or any agency, instrumentality or

21  subdivision thereof, upon such terms and conditions as the

22  United States, the State of Florida, or such agency,

23  instrumentality or subdivision may impose.

24         (l)(12)  To exercise jurisdiction, control and

25  supervision over any port facilities now or hereafter

26  acquired, owned or constructed by the unit.

27         (m)(13)  To operate and maintain, and to fix and

28  collect rates, rentals, fees and other charges for any of the

29  services and facilities provided by the port facilities now or

30  hereafter acquired, owned or constructed by the unit excluding

31  state bar pilots.

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  1         (n)(14)  To lease or rent, or contract with others for

  2  the operation of all or any part of any port facilities now or

  3  hereafter acquired, owned or constructed by the unit, on such

  4  terms and for such period or periods and subject to such

  5  conditions as the governing body shall determine to be in the

  6  best interests of the units.

  7         (o)(15)  To contract debts for the acquisition or

  8  construction of any port facilities or for any other purposes

  9  of this law, to borrow money, to make advances, and to issue

10  bonds or other obligations to finance all or any part of such

11  acquisition or construction or in the carrying out of any

12  other purposes of this law.

13         (p)(16)  To make advances to the United States or any

14  agency or instrumentality thereof in connection with any port

15  facilities, including the dredging or deepening of any harbor,

16  channel or turning basin to serve any port facilities.

17         (q)(17)  To enter on any lands, waters or premises,

18  within or without the unit or within the corporate limits of

19  any other unit, for the purpose of making surveys, soundings

20  and examinations with relation to any existing or proposed

21  port facilities.

22         (r)(18)  To contract with the United States or the

23  State of Florida or any agency or instrumentality thereof or

24  with any public body or political subdivision or with any

25  private person, firm or corporation with reference to any of

26  the powers hereby granted.

27         (s)(19)  To perform any of the acts hereby authorized

28  through or by means of its own officers, agents or employees

29  or by contract.

30

31

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  1         (t)(20)  To do all acts and things and to enter into

  2  all contracts and agreements necessary or convenient to carry

  3  out the purposes of this law.

  4         (u)(21)  To expend funds to finance the cost of

  5  implementing recommendations made pursuant to s. 161.161 to

  6  mitigate the adverse impacts of inlets on beaches.

  7         (2)  Any legal entity created under s. 163.01(7)(d),

  8  the membership of which consists of three or more ports listed

  9  in s. 311.09(1), in addition to any powers granted such entity

10  under applicable law and in the interlocal agreement pursuant

11  to which the entity was created, shall have the power:

12         (a)  Provided in s. 163.01(7)(g), provided the public

13  facilities which may be acquired, owned, constructed,

14  improved, operated, or managed by such legal entity shall be

15  limited to facilities which are part of the Florida Seaport

16  Transportation and Economic Development Program as provided in

17  chapter 311 and s. 320.20(3) and (4) and seaport intermodal

18  access projects of statewide significance provided in s.

19  341.053.

20         (b)  To enter into interlocal agreements or contracts

21  with public agencies, as defined in s. 163.01, and private

22  parties for financing, constructing, acquiring, operating,

23  maintaining, improving, or managing the public facilities

24  described in paragraph (a).

25         (c)  To enter into interlocal agreements or contracts

26  with public agencies to exercise powers of eminent domain in

27  regard to the public facilities described in paragraph (a).

28         (d)  To do all other things necessary to accomplish the

29  financing, constructing, acquisition, operation, maintenance,

30  improvement, and management of the public facilities described

31  in paragraph (a).

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  1         Section 15.  Paragraph (c) of subsection (4) of section

  2  320.20, Florida Statutes, is amended to read:

  3         320.20  Disposition of license tax moneys.--The revenue

  4  derived from the registration of motor vehicles, including any

  5  delinquent fees and excluding those revenues collected and

  6  distributed under the provisions of s. 320.081, must be

  7  distributed monthly, as collected, as follows:

  8         (4)  Notwithstanding any other provision of law except

  9  subsections (1), (2), and (3), on July 1, 2001, and annually

10  thereafter, $10 million shall be deposited in the State

11  Transportation Trust Fund solely for the purposes of funding

12  the Florida Seaport Transportation and Economic Development

13  Program as provided in chapter 311 and for funding seaport

14  intermodal access projects of statewide significance as

15  provided in s. 341.053. Such revenues shall be distributed to

16  any port listed in s. 311.09(1), to be used for funding

17  projects as follows:

18         (c)  On a 50-50 matching basis for projects as

19  described in s. 311.07(3)(b).

20

21  Such revenues may be assigned, pledged, or set aside as a

22  trust for the payment of principal or interest on bonds, tax

23  anticipation certificates, or any other form of indebtedness

24  issued by an individual port or appropriate local government

25  having jurisdiction thereof, or collectively by interlocal

26  agreement among any of the ports, or used to purchase credit

27  support to permit such borrowings. However, such debt shall

28  not constitute a general obligation of the state. This state

29  does hereby covenant with holders of such revenue bonds or

30  other instruments of indebtedness issued hereunder that it

31  will not repeal or impair or amend this subsection in any

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  1  manner which will materially and adversely affect the rights

  2  of holders so long as bonds authorized by this subsection are

  3  outstanding. Any revenues that are not pledged to the

  4  repayment of bonds as authorized by this section may be

  5  utilized for purposes authorized under the Florida Seaport

  6  Transportation and Economic Development Program. This revenue

  7  source is in addition to any amounts provided for and

  8  appropriated in accordance with s. 311.07 and subsection (3).

  9  The Florida Seaport Transportation and Economic Development

10  Council shall approve distribution of funds to ports for

11  projects that have been approved pursuant to s. 311.09(5)-(9),

12  or for seaport intermodal access projects identified in the

13  5-year Florida Seaport Mission Plan as provided in s.

14  311.09(3) and mutually agreed upon by the FSTED Council and

15  the Department of Transportation.  All contracts for actual

16  construction of projects authorized by this subsection must

17  include a provision encouraging employment of WAGES

18  participants.  The goal for employment of WAGES participants

19  is 25 percent of all new employees employed specifically for

20  the project, unless the Department of Transportation and the

21  Florida Seaport Transportation and Economic Development

22  Council can demonstrate to the satisfaction of the Secretary

23  of Labor and Employment Security that such a requirement would

24  severely hamper the successful completion of the project. In

25  such an instance, the Secretary of Labor and Employment

26  Security shall establish an appropriate percentage of

27  employees that must be WAGES participants. The council and the

28  Department of Transportation are authorized to perform such

29  acts as are required to facilitate and implement the

30  provisions of this subsection. To better enable the ports to

31  cooperate to their mutual advantage, the governing body of

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  1  each port may exercise powers provided to municipalities or

  2  counties in s. 163.01(7)(d) subject to the provisions of

  3  chapter 311 and special acts, if any, pertaining to a port.

  4  Any legal entity created under s. 163.01(7)(d), the membership

  5  of which consists of three or more ports listed in s.

  6  311.09(1), and its individual members, are authorized to act

  7  as agents for the Department of Transportation and are

  8  authorized to plan, develop, design, acquire right-of-way

  9  through eminent domain or otherwise, and construct public

10  transportation facilities implemented pursuant to chapter 311

11  and s. 320.20(3) and (4). The use of funds provided pursuant

12  to this subsection is limited to eligible projects listed in

13  this subsection. The provisions of s. 311.07(4) do not apply

14  to any funds received pursuant to this subsection.

15         Section 16.  Paragraph (h) is added to subsection (24)

16  of section 380.06, Florida Statutes, to read:

17         380.06  Developments of regional impact.--

18         (24)  STATUTORY EXEMPTIONS.--

19         (h)  Expansions to port harbors, spoil disposal sites,

20  navigation channels, turning basins, harbor berths, and other

21  related inwater harbor facilities within ports listed in s.

22  403.021(9), port transportation facilities and projects listed

23  in s. 311.07(3)(b), and intermodal transportation facilities

24  identified pursuant to s. 311.09(3), if such expansions,

25  projects, or facilities are consistent with comprehensive

26  master plans that are in compliance with the provisions of s.

27  163.3178.

28

29  Any owner or developer who intends to rely on this statutory

30  exemption shall provide to the department a copy of the local

31  government application for a development permit.  Within 45

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  1  days of receipt of the application, the department shall

  2  render to the local government an advisory and nonbinding

  3  opinion, in writing, stating whether, in the department's

  4  opinion, the prescribed conditions exist for an exemption

  5  under this paragraph.  The local government shall render the

  6  development order approving each such expansion to the

  7  department.  The owner, developer, or department may appeal

  8  the local government development order pursuant to s. 380.07,

  9  within 45 days after the order is rendered.  The scope of

10  review shall be limited to the determination of whether the

11  conditions prescribed in this paragraph exist.  If any sports

12  facility expansion undergoes development of regional impact

13  review, all previous expansions which were exempt under this

14  paragraph shall be included in the development of regional

15  impact review.

16         Section 17.  Subsections (6) and (7) are added to

17  section 341.053, Florida Statutes, to read:

18         341.053  Intermodal Development Program;

19  administration; eligible projects; limitations.--

20         (6)  The department shall review funding requests from

21  two or more ports listed in s. 311.09(1) or a combination of

22  two or more of the following: seaports, rail, airports, or

23  other public transportation authorities.  The department may

24  fund projects that create intermodal transfer facilities or

25  such intermodal or multimodal transportation terminals as

26  provided in subsection (5).

27         (7)(a)  There is created the Strategic Intermodal

28  Transportation and Economic Development Planning Council

29  within the department to plan for the efficient use of public

30  and private transportation systems and facilities to support

31  Florida's economic development through the intermodal movement

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  1  of people and freight cargo to and from or between seaports,

  2  airports, and other transportation terminals and facilities.

  3  The council shall consist of the following 9 members: the

  4  Secretary of Transportation or his or her designee; the

  5  Secretary of Community Affairs or his or her designee; two

  6  members appointed by the Governor; a member from Enterprise

  7  Florida, Inc., appointed by the Governor; a member from the

  8  Florida Seaport Transportation and Economic Development

  9  Council appointed by the Governor; a member representing

10  airports appointed by the Governor; a member representing

11  railroads appointed by the Governor; and a member representing

12  the commercial trucking industry appointed by the Governor.

13  Metropolitan planning organizations and regional planning

14  councils may be represented as nonvoting members of the

15  council.  The department may contract with members of the

16  council or other entities to provide for development of

17  appropriate information required to facilitate the planning

18  process.

19         (b)  By no later than February 1, 1999, the council

20  must submit to the Transportation Commission, and the

21  Legislature a report which at a minimum:

22         1.  Analyzes current and future intermodal

23  transportation needs, including the assessment of existing

24  infrastructure to determine key deficiencies of modal

25  interface, capacity, and over or under utilization of public

26  and private assets.

27         2.  Identifies appropriate goals, measures of

28  intermodal system performance, and strategies for growth in

29  intermodal facilities to support Florida's international trade

30  and economic development.

31

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  1         3.  Identifies methods to improve intergovernmental

  2  coordination between local, regional, and state agencies, and

  3  the private sector to better plan for Florida's economic

  4  development through the intermodal movement of people and

  5  freight.

  6         4.  Identifies the impact of intermodal facilities on

  7  the growth of employment opportunities for all Floridians,

  8  especially WAGES participants, in economically distressed

  9  urban and rural areas.

10         (c)  By no later than July 1, 1999, the council must

11  submit to the Department of Transportation, the Florida

12  Transportation Commission, and the Legislature a report which

13  at a minimum:

14         1.  Identifies intermodal projects of statewide

15  significance and documents the need for the projects as well

16  as their importance, benefits, and conformance with the goals

17  and strategies developed by the council

18         2.  Identifies local government benefits from

19  intermodal projects of statewide significance through the

20  development of community-based economic development projects.

21         3.  Includes a prioritized needs list of intermodal

22  transportation projects of statewide significance identifying

23  possible public and private funding for at least the first 5

24  years of priority projects.

25         (d)  The council must update the prioritized needs list

26  when necessary as determined by a majority vote of voting

27  committee members, but not less than once every 5 years.

28         (e)  Any projects selected for implementation from the

29  needs list prepared pursuant to paragraph (c) must be included

30  in the department's adopted work program developed in

31  accordance with s. 339.135.  In conjunction with its annual

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  1  in-depth evaluation, the Transportation Commission must review

  2  the council's needs list and the department's work program and

  3  provide a review and analysis to the Governor and Legislature

  4  as described under s. 339.135.  The review and analysis must

  5  include a review of the needs lists and work programs

  6  implementation of the council's goals and strategies.

  7         Section 18.  This act shall take effect July 1 of the

  8  year in which enacted.

  9

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11                          HOUSE SUMMARY

12
       Clarifies eligibility and authority for Florida
13    international notaries. Requires ports to prepare
      comprehensive master plans and exempts comprehensive plan
14    amendments for port transportation facilities and
      projects from a time limitation. Creates the small
15    business investment credit against corporate income tax
      and provides eligibility and filing requirements.
16    Prohibits the Office of Tourism, Trade, and Economic
      Development from obligating or encumbering the
17    Legislature's appropriation of funds for specified tax
      refund programs in excess of specified amounts.
18    Authorizes the International Trade Data Resource and
      Research Center to create an Internet-based information
19    system. Revises the matching private funding requirements
      for Enterprise Florida, Inc., and provides for partial
20    release of funds placed in reserve. Creates the Minority
      Business Advisory Council under the Enterprise Florida
21    International Trade and Economic Development Board.
      Prohibits expenditure by Enterprise Florida, Inc., or its
22    affiliates of state appropriated funds on venture capital
      funds that do not invest solely in businesses of this
23    state. Requiring projects eligible for funding under the
      Florida Seaport Transportation and Economic Development
24    Program to be consistent with port master plans and
      exempts port transportation facilities and projects from
25    review as developments of regional impact. Specifies
      powers of local governmental entities that consist of
26    three or more ports and authorizes such entities to act
      as agents for the Department of Transportation. Creates
27    the Strategic Intermodal Transportation and Economic
      Development Planning Council and provides duties of the
28    council.

29

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