Florida Senate - 2009 SB 1026
By Senator Pruitt
28-00985A-09 20091026__
1 A bill to be entitled
2 An act relating to enterprise zones; creating s.
3 290.00725, F.S.; authorizing Martin County to apply to
4 the Office of Tourism, Trade, and Economic Development
5 for designation of one enterprise zone within a
6 specified area; exempting residential condominiums
7 from benefiting from incentives derived from state
8 enterprise zones; providing an application deadline;
9 specifying the area encompassed by the enterprise
10 zone; requiring that the office establish the initial
11 effective date of the enterprise zone; providing an
12 effective date.
13
14 Be It Enacted by the Legislature of the State of Florida:
15
16 Section 1. Section 290.00725, Florida Statutes, is created
17 to read:
18 290.00725 Enterprise zone designation for Martin County.
19 Martin County may apply to the Office of Tourism, Trade, and
20 Economic Development for designation of one enterprise zone for
21 an area within Martin County, encompassing an area not to exceed
22 10 square miles. Such area shall consist of land within the
23 primary urban services boundary and shall focus primarily on
24 Indiantown, but shall exclude property owned by Florida Power
25 and Light to the west, two areas to the north designated as
26 estate residential, and the county-owned Timer Powers
27 recreational area. Within the enterprise zone, residential
28 condominiums shall be exempt from benefiting from incentives
29 derived from state enterprise zones, unless prohibited by state
30 law. The application must be submitted by December 31, 2009, and
31 must comply with the requirements of s. 290.0055.
32 Notwithstanding the provisions of s. 290.0065, limiting the
33 total number of enterprise zones designated and the number of
34 enterprise zones within a population category, the Office of
35 Tourism, Trade, and Economic Development may designate one
36 enterprise zone under this section. The Office of Tourism,
37 Trade, and Economic Development shall establish the initial
38 effective date of the enterprise zone designated pursuant to
39 this section.
40 Section 2. This act shall take effect upon becoming a law.