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Weekly Legislative Update from February 26, 2016

Economic Development

HB 1325- Relating to Economic Development
On Wednesday, February 24th, HB 1325, relating to Economic Development, by Rep. Jim Boyd (R-Bradenton) was removed from its last committee of reference and sent to the House floor. HB 1325 was then read for a third time on the House floor and passed with 79 yeas and 39 nays.

HB 1325, much like its Senate companion SB 1646, is a very broad based economic development package that will bring the state and local governments together to improve their investment climate and business environment to enhance competitiveness, retain jobs, create jobs and improve incomes. This bill will modify economic development definitions, processes and administration.

View a complete list of what HB 1325 here.

HB 1325 will now go to the Senate floor for consideration.

AIF supports legislation that will bolster Florida’s business community throughout the state and help our state become the premiere location to move and grow your business.