Bill Summary

HB 705 Targeted Economic Development (2013 Session)
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Sponsors
by Workman  CS Sponsors: Economic Development & Tourism Subcommittee
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Summary
Targeted Economic Development: Expands purpose of Institute for Commercialization of Public Research to include commercialization of products developed by innovation business; authorizes institute to create corporate subsidiaries; provides conditions in which institute may develop or accrue certain interests in companies or products; specifies conditions under which institute may deliver & charge for services; expands institute's reporting requirements to include information on assistance given to innovation business; requires that institute create Florida Technology Seed Capital Fund; requires professional managers to manage fund; provides for investor advisory board to advise & guide managers & to make funding recommendations; provides for certain administrative costs of fund; requires institute to administer fund & provide criteria for its administration; provides for annual evaluation of activities & results of funding. Effective Date: July 1, 2013
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committees of reference
   H Economic Development & Tourism Subcommittee
   H Economic Affairs Committee
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Actions
02/11/13
HOUSE 
Filed
02/20/13
HOUSE 
Referred to Economic Development & Tourism Subcommittee; Transportation & Economic Development Appropriations Subcommittee; Economic Affairs Committee
02/20/13
HOUSE 
Now in Economic Development & Tourism Subcommittee
03/11/13
HOUSE 
On Committee agenda - Economic Development & Tourism Subcommittee, 03/13/13, 9:00 am, 12 H
03/13/13
HOUSE 
Favorable with CS by Economic Development & Tourism Subcommittee; 11 Yeas, 0 Nays
03/19/13
HOUSE 
Committee Substitute Text (C1) Filed
03/20/13
HOUSE 
Reference to Transportation & Economic Development Appropriations Subcommittee removed; Remaining reference: Economic Affairs Committee
03/20/13
HOUSE 
Now in Economic Affairs Committee
03/26/13
HOUSE 
On Committee agenda - Economic Affairs Committee, 03/28/13, 10:30 am, 102 H
03/28/13
HOUSE 
Favorable by Economic Affairs Committee; 15 Yeas, 0 Nays
03/28/13
HOUSE 
Placed on Calendar, on 2nd reading
04/15/13
HOUSE 
Placed on Special Order Calendar for 04/17/13
04/17/13
HOUSE 
Read Second Time; Read Third Time; Passed (Vote: 116 Yeas / 0 Nays)
04/18/13
SENATE
In Messages
04/18/13
SENATE
Received; Referred to Commerce and Tourism; Governmental Oversight and Accountability; Appropriations
04/25/13
SENATE
Withdrawn from Commerce and Tourism; Governmental Oversight and Accountability; Appropriations; Placed on Calendar, on 2nd reading; Substituted for SB 0546; Read Second Time; Placed on Third Reading for 04/26/13
04/26/13
SENATE
Read Third Time; Passed (Vote: 37 Yeas / 1 Nays)
04/29/13
HOUSE 
Ordered enrolled
04/30/13
HOUSE 
Enrolled Text (ER) Filed
05/28/13
______ 
Signed by Officers and presented to Governor (Governor must act on this bill by 06/12/13)
06/05/13
______ 
Approved by Governor; Chapter No. 2013-120
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bill text & filed amendments
0705
Filed on 02/11/13
PDF
Amendment 209691
Workman
Filed on 03/12/13
Adopted
PDF
0705C1
Filed on 03/19/13
PDF
No amendments to this bill text filed.
0705ER
Filed on 04/30/13
PDF
No amendments to this bill text filed.
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Statute Citations
288.9625
288.96255
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