Florida Senate - 2006                      COMMITTEE AMENDMENT
    Bill No. SB 2096
                        Barcode 234964
                            CHAMBER ACTION
              Senate                               House
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       04/05/2006 04:25 PM         .                    
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11  The Committee on Commerce and Consumer Services (King)
12  recommended the following amendment:
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14         Senate Amendment (with title amendment) 
15         Delete everything after the enacting clause
16  
17  and insert:  
18         Section 1.  The Office of Program Policy Analysis and
19  Government Accountability and the Auditor General shall
20  jointly review the Office of Tourism, Trade and Economic
21  Development, the Black Business Investment Board, its
22  subsidiaries or affiliates, and the Black Business Investment
23  Corporations in the individual and collective performance of
24  their statutory and contract duties imposed under ss.
25  288.707-714, F.S. In particular, the study shall evaluate the
26  following:
27         (1)  Compliance with applicable statutes and
28  contractual provisions;
29         (2)  Program performance, including the number of loans
30  or loan guarantees made, the performance of said loans or loan
31  guarantees, and the retention or lack of retention of loan or
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    Florida Senate - 2006                      COMMITTEE AMENDMENT
    Bill No. SB 2096
                        Barcode 234964
 1  loan guarantee customers for fiscal years 2001-2002 through
 2  2005-2006;
 3         (3)  Accountability, including the uniformity and
 4  quality of record keeping by each participant so that state
 5  funds may be tracked effectively;
 6         (4)  Organizational issues, including how the structure
 7  of the governing laws and contractual relationships assisted
 8  or hindered the implementation of the program;
 9         (5)  Investment activity, including investments in
10  non-black business enterprises and use of state funds for
11  other than loan or loan guarantee origination to black
12  business enterprises;
13         (6)  Business relationships between the program
14  participants, including agreements between program
15  participants, their board members, officers or employees and
16  third parties that benefit the participants or board members,
17  officers or employees in ways that do not enhance the program;
18         (7)  Oversight by the Office of Tourism, Trade and
19  Economic Development, including on the use of contractual
20  provisions to enhance accountability;
21         (8)  Performance of statutory certification required
22  under s. 288.70 91(1), by program participants; and
23         (9)  Accountability for appropriated funds as required
24  by s. 288.7091(2), by program participants.
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26  The two offices shall provide a report of their findings and
27  recommendations for legislative changes to the program by
28  January 1, 2007 to the Governor, the President of the Senate,
29  the Speaker of the House of Representatives and the
30  appropriate committee chairs of the Senate and the House of
31  Representatives.
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    Florida Senate - 2006                      COMMITTEE AMENDMENT
    Bill No. SB 2096
                        Barcode 234964
 1         Section 2.  This act shall take effect upon becoming a
 2  law.
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 5  ================ T I T L E   A M E N D M E N T ===============
 6  And the title is amended as follows:
 7         Delete everything before the enacting clause
 8  
 9  and insert:  
10                      A bill to be entitled
11         An act relating to economic development;
12         requiring the Office of Program Policy Analysis
13         and Government Accountability and the Auditor
14         General to jointly review the Office of
15         Tourism, Trade and Economic Development, the
16         Black Business Investment Board, its
17         subsidiaries or affiliates, and the Black
18         Business Investment Corporations; providing an
19         effective date.
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