Florida Senate Bill 848 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Slight Partisan Bill (Republican 2-1)
Status: Failed on March 14 2020 - 100% progression
Action: 2020-03-14 - Died in Finance and Tax
Text: Latest bill text (Introduced) [HTML]

Designating the "Florida Rural Jobs and Business Recovery Act"; requiring the Department of Economic Opportunity to accept applications for approval as growth funds in a specified manner; prohibiting the department from approving more than a certain amount of investment authority or investor contributions; providing requirements for certified growth funds; granting a credit against state premium tax liability for specified investors; prohibiting growth funds that have exited the program from making certain distributions or paying certain fees under certain circumstances, etc.

Rural Communities

Sen. Bill Montford [D]

Sen. Keith Perry [R]

Sen. Dennis Baxley [R]

Date	Chamber	Action
2020-03-14	Senate	Died in Finance and Tax
2020-03-14	Senate	Indefinitely postponed and withdrawn from consideration
2020-01-14	Senate	Now in Finance and Tax
2020-01-14	Senate	Favorable by Commerce and Tourism; YEAS 5 NAYS 0
2020-01-14	Senate	Introduced
2020-01-09	Senate	On Committee agenda-- Commerce and Tourism, 01/14/20, 2:30 pm, 110 Senate Building
2019-11-21	Senate	Referred to Commerce and Tourism; Finance and Tax; Appropriations
2019-11-08	Senate	Filed

H891 (Similar To) 2020-03-14 - Died in Workforce Development and Tourism Subcommittee

Chapter	Article	Section	Citation Type	Statute Text
288	062		Amended Code	See Bill Text

Type	Source
Summary	https://www.flsenate.gov/Session/Bill/2020/848
Text	https://www.flsenate.gov/Session/Bill/2020/848/BillText/Filed/HTML