CODING: Words stricken are deletions; words underlined are additions.





                                                  SENATE AMENDMENT

    Bill No. CS for CS for SB 1566, 1st Eng.

    Amendment No.    

                            CHAMBER ACTION
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11  Senator Kirkpatrick moved the following amendment to amendment

12  (553475):

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14         Senate Amendment (with title amendment) 

15         On page 40, between lines 27 and 28,

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17  insert:

18         Section 7.  Section 288.90151, Florida Statutes, is

19  amended to read:

20         (Substantial rewording of section. See

21         s. 288.90151, F.S., for present text.)

22         288.90151  Return on Investment from Activities of

23  Enterprise Florida, Inc.--

24         (1)  The public funds appropriated each year for the

25  operation of Enterprise Florida, Inc., are invested in this

26  public-private partnership to enhance international trade and

27  economic development, to spur job-creating investments, to

28  create new employment opportunities for Floridians, and to

29  prepare Floridians for those jobs.  This policy will be the

30  Legislature's priority consideration when reviewing the

31  return-on-investment for Enterprise Florida, Inc.

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                                                  SENATE AMENDMENT

    Bill No. CS for CS for SB 1566, 1st Eng.

    Amendment No.    





 1         (2)  It is also the intent of the Legislature that

 2  Enterprise Florida, Inc., coordinate its operations with local

 3  economic-development organizations to maximize the state and

 4  local return-on-investment to create jobs for Floridians.

 5         (3)  It is further the intent of the Legislature to

 6  maximize private-sector support in operating Enterprise

 7  Florida, Inc., as an endorsement of its value and as an

 8  enhancement of its efforts.

 9         (4)(a)  The state's operating investment in Enterprise

10  Florida, Inc., is the budget contracted by the Office of

11  Tourism, Trade, and Economic Development to Enterprise

12  Florida, Inc., less funding that is directed by the

13  Legislature to be subcontracted to a specific recipient.

14         (b)  The board of directors of Enterprise Florida,

15  Inc., shall adopt for each upcoming fiscal year an operating

16  budget for the organization that specifies the intended uses

17  of the state's operating investment and a plan for securing

18  private sector support to Enterprise Florida, Inc. Each fiscal

19  year private sector support to Enterprise Florida, Inc., shall

20  equal no less than 100 percent of the state's operating

21  investment, including at least $600,000 in cash as defined in

22  subsection (5)(a), and an additional $600,000 in cash as

23  defined in subsection (5)(a), (b), and (c).

24         (5)  Private-sector support in operating Enterprise

25  Florida, Inc., includes:

26         (a)  Cash given directly to Enterprise Florida, Inc.,

27  for its operating budget;

28         (b)  Cash jointly raised by Enterprise Florida, Inc.,

29  and a local economic development organization, a group of such

30  organizations or a statewide business organization that

31  supports collaborative projects;

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                                                  SENATE AMENDMENT

    Bill No. CS for CS for SB 1566, 1st Eng.

    Amendment No.    





 1         (c)  Cash generated by products or services of

 2  Enterprise Florida, Inc.; and

 3         (d)  In-kind contributions directly to Enterprise

 4  Florida, Inc., including: business expenditures; business

 5  services provided; business support; or other business

 6  contributions that augment the operations, program,

 7  activities, or assets of Enterprise Florida, Inc., including,

 8  but not limited to:  an individual's time and expertise;

 9  sponsored publications; private-sector staff services; payment

10  for advertising placements; sponsorship of events; sponsored

11  or joint research; discounts on leases or purchases; mission

12  or program sponsorship; and co-payments, stock, warrants,

13  royalties, or other private resources dedicated to Enterprise

14  Florida, Inc.

15         (6)  Enterprise Florida, Inc., shall fully comply with

16  the performance measures, standards, and sanctions in its

17  contracts with the Office of Tourism, Trade, and Economic

18  Development under ss. 14.2015(2)(h) and 14.2015(7).  The

19  Office of Tourism, Trade, and Economic Development shall

20  ensure, to the maximum extent possible, that the contract

21  performance measures are consistent with performance measures

22  that the office is required to develop and track under

23  performance-based program budgeting.

24         (7)  As part of the annual report required under s.

25  288.906, Enterprise Florida, Inc., shall provide the

26  Legislature with information quantifying the public's

27  return-on-investment as described in this section for fiscal

28  year 1997-1998 and each subsequent fiscal year.  The annual

29  report shall also include the results of a

30  customer-satisfaction survey of businesses served, as well as

31  the lead economic development staff person of each local

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                                                  SENATE AMENDMENT

    Bill No. CS for CS for SB 1566, 1st Eng.

    Amendment No.    





 1  economic development organization that employs a full-time or

 2  part-time staff person.

 3         (8) Enterprise Florida, Inc., in consultation with the

 4  Office of Program Policy Analysis and Government

 5  Accountability, shall hire a private accounting firm to

 6  develop the methodology for establishing and reporting

 7  return-on-investment and in-kind contributions as described in

 8  this section and to develop, analyze, and report on the

 9  results of the customer-satisfaction survey.  The Office of

10  Program Policy Analysis and Government Accountability shall

11  review and offer feedback on the methodology before it is

12  implemented.  The private accounting firm shall certify

13  whether the applicable statements in the annual report comply

14  with this subsection.

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16  (Redesignate subsequent sections.)

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19  ================ T I T L E   A M E N D M E N T ===============

20  And the title is amended as follows:

21         On page 171, line 1, after the semicolon

22

23  insert:

24         amending s. 288.90151, F.S.; expressing

25         legislative intent on the return-on-investment

26         of public funds in Enterprise Florida, Inc.;

27         specifying private-sector support for

28         Enterprise Florida, Inc.; prescribing the

29         state's operating investment in Enterprise

30         Florida, Inc.; requiring compliance with

31         performance measures; requiring a report on the

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                                                  SENATE AMENDMENT

    Bill No. CS for CS for SB 1566, 1st Eng.

    Amendment No.    





 1         results of a customer satisfaction survey;

 2         requiring development of a methodology for

 3         establishing and reporting on

 4         return-on-investment;

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