Bill Text: FL H1267 | 2011 | Regular Session | Introduced
Bill Title: Economic Development
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Introduced - Dead) 2011-05-07 - Indefinitely postponed and withdrawn from consideration [H1267 Detail]
Download: Florida-2011-H1267-Introduced.html
HB 1267 |
1 | |
2 | An act relating to economic development; amending s. |
3 | 288.9602, F.S.; revising legislative findings and |
4 | declarations of necessity to emphasize the importance of |
5 | the economic activities in counties and municipalities; |
6 | providing that the purposes of the Florida Development |
7 | Finance Corporation Act may be accomplished by legislation |
8 | implementing constitutional provisions allowing local |
9 | governments to issue revenue bonds to finance or refinance |
10 | the cost of certain capital projects and authorizing new |
11 | and innovative means for the investment of public trust |
12 | funds; creating s. 366.94, F.S.; authorizing a nonutility |
13 | producer of renewable energy to sell electricity to |
14 | electricity customers at retail; requiring the Public |
15 | Service Commission to adopt rules and submit reports to |
16 | the Legislature; providing an effective date. |
17 | |
18 | Be It Enacted by the Legislature of the State of Florida: |
19 | |
20 | Section 1. Section 288.9602, Florida Statutes, is amended |
21 | to read: |
22 | 288.9602 Findings and declarations of necessity.-The |
23 | Legislature finds and declares that: |
24 | (1) There is a need to enhance economic activity in the |
25 | counties and municipalities of the state by attracting |
26 | manufacturing, development, redevelopment of brownfield areas, |
27 | business enterprise management, and other activities conducive |
28 | to economic promotion in order to provide a stronger, more |
29 | balanced, and stable economy in the state. |
30 | (2) A significant portion of businesses located in the |
31 | counties and municipalities of the state or desiring to locate |
32 | in the state encounter difficulty in obtaining financing on |
33 | terms competitive with those available to businesses located in |
34 | other states and nations or are unable to obtain such financing |
35 | at all. |
36 | (3) The difficulty in obtaining such financing impairs the |
37 | expansion of economic activity and the creation of jobs and |
38 | income in communities throughout the state. |
39 | (4) The businesses most often affected by these financing |
40 | difficulties are small businesses critical to the economic |
41 | development of the counties and municipalities of the state. |
42 | (5) The economic well-being of the people in, and the |
43 | commercial and industrial resources of, the counties and |
44 | municipalities of the state would be enhanced by the provision |
45 | of financing to businesses on terms competitive with those |
46 | available in the most developed financial markets worldwide. |
47 | (6) In order to improve the prosperity and welfare of the |
48 | counties and municipalities of the |
49 | inhabitants, to improve and promote the financing of projects |
50 | related to the economic development of the counties and |
51 | municipalities of the |
52 | brownfield areas, and to increase the purchasing power and |
53 | opportunities for gainful employment of citizens of the counties |
54 | and municipalities of the |
55 | public interest to facilitate the financing of such projects as |
56 | provided for in this act and to do so without regard to the |
57 | boundaries between counties, municipalities, special districts, |
58 | and other local governmental bodies or agencies in order to more |
59 | effectively and efficiently serve the interests of the greatest |
60 | number of people in the widest area practicable. |
61 | (7) In order to promote and stimulate development and |
62 | advance the business prosperity and economic welfare of the |
63 | counties and municipalities of the |
64 | inhabitants; to encourage and assist new business and industry |
65 | in the |
66 | transactions; to rehabilitate and assist existing businesses; to |
67 | stimulate and assist in the expansion of all kinds of for-profit |
68 | and not-for-profit business activity; and to create maximum |
69 | opportunities for employment, encouragement of thrift, and |
70 | improvement of the standard of living of the citizens of |
71 | Florida, it is necessary and in the public interest to |
72 | facilitate the cooperation and action between organizations, |
73 | public and private, in the promotion, development, and conduct |
74 | of all kinds of for-profit and not-for-profit business activity |
75 | in the state. |
76 | (8) In order to efficiently and effectively achieve the |
77 | purposes of this act, it is necessary and in the public interest |
78 | to create a special development finance authority to cooperate |
79 | and act in conjunction with public agencies of the |
80 | and local governments of the |
81 | agreements pursuant to the Florida Interlocal Cooperation Act of |
82 | 1969, in the promotion and advancement of projects related to |
83 | economic development, including redevelopment of brownfield |
84 | areas, throughout the state. |
85 | (9) The purposes to be achieved by the special development |
86 | finance authority through such projects and such financings of |
87 | business and industry in compliance with the criteria and the |
88 | requirements of this act are predominantly the public purposes |
89 | stated in this section, and such purposes implement the |
90 | governmental purposes under the State Constitution of providing |
91 | for the health, safety, and welfare of the people of the state. |
92 | These purposes may be facilitated through legislation fully |
93 | implementing s. 10(c), Art. VII of the State Constitution to |
94 | authorize local governments to issue revenue bonds for the |
95 | financing or refinancing of capital projects, and through |
96 | legislation authorizing new and innovative means for the |
97 | investment of public trust funds pursuant to s. 10(a), Art. VII |
98 | of the State Constitution. |
99 | Section 2. Section 366.94, Florida Statutes, is created to |
100 | read: |
101 | 366.94 Retail sales of renewable energy.- |
102 | (1) As used in this section, the term "renewable energy" |
103 | has the same meaning as provided in s. 366.91. |
104 | (2) Notwithstanding any other provision in this chapter, a |
105 | nonutility producer of renewable energy may sell electricity |
106 | directly to one or more retail consumers. |
107 | (3) The commission shall adopt rules to administer this |
108 | section. In adopting such rules, the commission shall establish, |
109 | at a minimum: |
110 | (a) Requirements related to interconnection and metering. |
111 | (b) A mechanism for setting rates for any service provided |
112 | to the consumer by the utility if such service is required by |
113 | the consumer. These rates shall ensure that the utility's |
114 | general body of ratepayers does not subsidize the consumer in |
115 | any way, including any redundant utility generating capacity |
116 | necessary to serve the consumer. |
117 | (c) Requirements for notice to the commission of the size |
118 | and location of each renewable energy generation facility |
119 | planned under this section, the identity and historical and |
120 | projected load characteristics of each host consumer, and any |
121 | other information deemed necessary by the commission to satisfy |
122 | its obligations under s. 366.04(5). |
123 | (4) Beginning January 1, 2012, and at least once every 6 |
124 | months thereafter, the commission shall submit a report to the |
125 | Legislature of activity under this section which addresses the |
126 | impacts of such activity on the electric power grid of the |
127 | state, individual utility systems, and each utility's general |
128 | body of ratepayers, and includes recommendations concerning |
129 | implementation of this program. |
130 | Section 3. This act shall take effect upon becoming a law. |
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