SB 848 — Rural Communities
Last action — Died in Finance and Tax
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✓Introduced
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2In Committee
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3Passed Senate
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4Passed House
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5To Executive
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6Enacted
This bill died with 2020 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.
Summary
Rural Communities; 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.
Bill Text
- Introduced S 848 Filed Current html
Action History
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Died in Finance and Tax
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Indefinitely postponed and withdrawn from consideration
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Now in Finance and Tax
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Favorable by Commerce and Tourism; YEAS 5 NAYS 0
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Introduced
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On Committee agenda-- Commerce and Tourism, 01/14/20, 2:30 pm, 110 Senate Building
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Referred to Commerce and Tourism; Finance and Tax; Appropriations
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Filed
Sponsors
- Montford · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 163 not signed on
Sponsors (1)
- Montford
Co-sponsors (0)
None.
Not signed on (163)
163 members have not signed on to this bill.
Show all 163 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Votes
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 3 | 0 | 0 | 0 |
| Republican | 2 | 0 | 0 | 0 |
| Total | 5 | 0 | 0 | 0 |
| % of votes cast | 100% | 0% | 0% | 0% |
How each member voted (5)
| Member | Party | Vote |
|---|---|---|
| Hutson | — | Yea |
| Stewart | — | Yea |
| Torres | — | Yea |
| Gruters, Joe | Republican | Yea |
| Wright, Tom A. | Republican | Yea |
Subjects
Frequently asked questions
- What does SB 848 do?
- Rural Communities; 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.
- Who sponsors SB 848?
- SB 848 is sponsored by Montford.
- What is the current status of SB 848?
- This bill died with 2020 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
- Where can I track SB 848?
- Track SB 848 free on One Click Politics — get push/email alerts when it moves.
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Last checked for changes 2 months ago · updated continuously
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