Life and politics from the Sunshine State's best city

Tag archive

Quick Action Closing Fund

Rick Scott demands full funding for tourism, development

in 2017 by

Rick Scott did not look like he was negotiating. The governor fired a shot over the bow of the Legislature, all but demanding full funding in the state budget for his 2017-18 priorirites: $200 million to begin fixing the dike at Lake Okeechobee, $100 million for VISIT FLORIDA, and salvaging Enterprise Florida from House Speaker Richard Corcoran‘s wrecking ball. “All three of those project impact jobs,” he said. “And whatever happens after this session—I’ll have 610 days to go—I’ll spend…

Keep Reading

Rick Scott’s favorite business incentive is losing money, Senate hears

in Statewide/Top Headlines by
business incentive

Gov. Rick Scott’s favored economic incentive program – the Quick Action Closing Fund (QAC) – is now losing money, the Legislature’s chief economist told a Senate panel Wednesday. The QAC is a pot of cash that Scott can draw up to $2 million from without legislative approval to entice businesses to the state. But though the state’s “return on investment” from QAC projects was $1.10 per dollar four years ago, it’s now down to 60 cents per dollar, Amy Baker…

Keep Reading

Americans for Prosperity blasts Rick Scott’s economic incentives plan as “risky”

in Statewide/Top Headlines by

A conservative group came out against Gov. Rick Scott’s economic incentives plan Tuesday, deriding it as corporate welfare and saying it lacked transparency. Americans for Prosperity Florida director Chris Hudson said his group agreed with Scott’s call for broad-based tax cuts at his 2015 State of the State Address, as well as his statement that “taxpayers can spend their money better than government can,” but sees the Republican governor’s incentives plan as a contradiction of those views. Scott’s plan would…

Keep Reading

Enterprise Florida and lawmakers still disagree over funding

in Statewide/Top Headlines by

There was a battle of arithmetic Wednesday between state senators and the head of the state’s economic development agency as he argued for millions in new funding. Bill Johnson, president and CEO of Enterprise Florida, appeared before the Senate’s Commerce and Tourism Committee. It was his first appearance since Senate President Andy Gardiner took his agency to task in a memo saying it keeps asking for more money than it can spend in a given year. But Johnson fumbled at key…

Keep Reading

Rick Scott hypes new Boeing facility, jobs at Kennedy Space Center

in Statewide/Top Headlines by

At a ribbon cutting for a new Boeing facility at the Kennedy Space Center, Gov. Rick Scott announced the multibillion-dollar aviation company will add 550 jobs on the Space Coast. “Leaders in the aerospace and aviation industry like Boeing are choosing Florida over other states because of our world-class facilities, advanced infrastructure and commitment to cutting taxes,” Scott said. “Enterprise Florida is laser-focused on the long-term success of companies like Boeing and has been instrumental in helping them expand in…

Keep Reading

Show Buttons
Hide Buttons
Go to Top