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From My Perspective - Pro-Jobs Bills Pass Committee
By:
BlakeG
On:
3/11/2010 1:36 PM
Posted To: 2010 Legislative Session
Two important Florida Chamber priority bills were approved by the House Economic Development Policy Committee: Tax Credits for Research and Development (HB 607) and the Florida Research Commercialization Matching Grant Program (HB 983).
HB 607 by Representative Scott Plakon (R- Seminole) creates the research and development tax credit program to encourage corporate research and development activity and attract high-wage, professional research jobs to Florida.
HB 983 by Representative Matt Hudson (R- Collier) creates the Florida Research Commercialization Matching Grant Program to assist small businesses who qualify for phase II Small Business Innovation Research (SBIR) and Small Business Technology Transfer Program (STTR) Federal Grants.
Both bills passed unanimously. The next stop for HB 607 will be Finance and Tax Council and HB 983 will head to the Transportation and Economic Development Appropriations Committee