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03/12/2013 (2)
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03/12/2013 (2)
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Last modified
6/26/2018 1:11:04 PM
Creation date
3/23/2016 8:56:10 AM
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Meetings
Meeting Type
BCC Regular Meeting
Document Type
Agenda Packet
Meeting Date
03/12/2013
Meeting Body
Board of County Commissioners
Book and Page
61
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H:\Indian River\Network Files\SL00000E\S0004N1.tif
SmeadsoftID
14206
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Proposed legislation under HB965: <br /> Business Equipment Sales Tax Refund Program <br /> - Lowers the minimum purchase price from $5,000 to $2,500 <br /> Jobs Tax Credit on Sales Tax; Corporate Tax <br /> - Renames the Jobs Tax Credit program to the "Enterprise Zone Job Stimulus Credit" <br /> program <br /> - Removes the criteria of a minimum of 1 new job to be created—a business that hires an <br /> Enterprise Zone resident as a new employee for an existing job would be eligible to <br /> apply for either of these credits <br /> Recommendation: <br /> • Remove the language proposing to lower the minimum purchase price to $2,500; replace with <br /> $500 <br /> • Support allowing a business to use the aggregate of their purchases over a specified period of <br /> time when applying for a refund under the Business Equipment Sales Tax Refund program <br /> • Support HB965, as amended above, which removes the job creation criteria for the renamed <br /> Enterprise Zone Job Stimulus Credit program <br /> Contact information: <br /> Rep. Betty Reed <br /> 300 House Office Building <br /> 402 South Monroe Street <br /> Tallahassee, FL 32399-1300 <br /> ' Betty.Reednmyfloridahouse.gov <br /> (850) 717-5061 <br /> Legislative Assistant: Dewayne Mallory <br /> District Secretary: Patricia Givens <br /> Indian Rivar(minty Chnmher of Crnmmarop—FrnnnmiP r)PxAnnmPnt nivicinn 2 <br />
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