995068 GENERAL APPROPRIATIONS BILL Committee Amendment SB2500 ATD 17 Senator(s)Detert moved the following amendment:Section: 06 EXPLANATION: On Page: 286 Allocates $20 million from the State Economic Enhancement and Development (SEED) Trust Fund in the Spec App: 2252 Department of Economic Opportunity for incentive contracts with film and entertainment companies. NET IMPACT ON: Total Funds General Revenue Trust Funds Recurring - 0 0 0 Non-Recurring - 0 0 0 ______________________________________________________________________________________ Positions & Amount Positions & Amount DELETE INSERT ECONOMIC OPPORTUNITY, DEPARTMENT OF Program: Strategic Business Development Strategic Business Development 40400100 In Section 06 On Page 286 2252 Lump Sum 098019 Economic Development Tools IOEA 2041 State Economic Enhancement And 58,350,000 58,350,000 Development Trust Fund CA 0 At the end of existing proviso language, following Specific Appropriation 2252, INSERT: From the State Economic Enhancement and Development Trust Fund in Specific Appropriation 2252, $20 million shall be allocated for film and entertainment projects as defined in section 288.1254, Florida Statutes. After the maximum available tax credits authorized in section 288.1254(7), Florida Statutes, has been awarded to qualified productions, Enterprise Florida, Inc., shall use funds from this $20 million allocation to award contracts under the incentive programs enumerated above to qualified productions which have successfully completed the application process in section 288.1258, Florida Statutes.995068 Log:0017 FEM/FEM 04/01/14 07:04:56 PM Senate Page: 1