HB 451- Relating to Entertainment Industry Tax Credit Program
On Wednesday, April 8th, HB 451, relating to Entertainment Industry Tax Credit Program, by Rep. Mike Miller (R-Orlando) passed through the House Economic Affairs Committee with 12 yeas and 5 nays.
The bill proposes significant modifications to the current incentives and benefits the state offers for companies within the film and entertainment industry. HB 451 both modifies the processes by which companies may receive such tax credits and exemptions and creates an additional incentive, the “Production Action Fund”.
HB 451 heads to the House floor for its second reading. AIF stood in support of this bill.
AIF supports the Entertainment Tax Credit Program due to the jobs a more robust film industry would produce here in the state of Florida.
HB 933- Relating to Sector Plans
On Tuesday, April 7th, HB 933, relating to Sector Plans, by Rep. Mike La Rosa (R-St. Cloud) and Rep. Keith Perry (R-Gainesville) passed through the House Transportation & Economic Development Appropriations Subcommittee with 8 yeas and 4 nays.
This bill combines a number of growth management proposals in the House which include; doing away with the Development of Regional Impact review process for new projects going forward, restructuring Regional Planning Councils, requiring local governments to include a private property rights protection element as part of their comprehensive plan and limit proportionate share payments when concurrency and impact fees are being charged.
HB 933 has one committee stop left in the House Economic Affairs Committee. AIF stood in support of this bill.
AIF supports this legislation, which will foster development and growth in Florida.
SB 1032- Relating to Point-of-sale Terminals
On Wednesday, April 8th, SB 1032, relating to Point-of-sale Terminals, by Senator Garrett Richter (R-Naples) passed through the Senate Appropriations Subcommittee on General Government with 5 yeas and 1 nay.
This bill would allow limited use of “Point-of-sale Terminals” for the sale of lottery tickets or games. A “Point-of-sale Terminal” is a charge card reader, like those used at a retail counter, self-service fuel pump or self-service checkout line. The bill authorizes the Department of the Lottery, approved vendors, and approved retailers to use point-of-sale terminals to facilitate sales of lottery tickets or games, provided that the purchaser is verified to be 18 years of age or older and the terminal does not dispense lottery winnings.
A point-of-sale terminal does not reveal winning numbers and may not be used to redeem a winning ticket. Lottery ticket sales revenue generated from point-of-sale terminals must be used to enhance instructional technology resources for students and teachers in Florida.
The next and final stop for SB 1032 is the Senate Fiscal Policy Committee. AIF’s Senior Vice President, Brewster Bevis, stood in support of this bill.
AIF supports innovative means to help fund Florida’s education system. In addition, enactment of this legislation would create more manufacturing jobs in the State.
