SB 7023 – relating to Economic Development
On Thursday, April 24th, SB 7023, relating to Economic Development, by House Economic Development & Tourism Subcommittee and Representative Travis Hutson (R-Palm Coast) passed the House chamber by a 104-13 vote. The bill now heads to the Senate for consideration.
This bill does a number of things, including making technical changes to statutes, directs Space Florida to consult with VISIT Florida in developing a space tourism marketing plan, promotes the goals of accountability and proper stewardship by recipients of the state's loan programs and most importantly, exempts new small business developments from transportation concurrency requirements and proportionate share requirements for three years.
AIF supports legislation that will assist Florida's small businesses and encourage economic development in our state.