Florida HB 1193: Rural Economic Development

Bill Text

HB 1193 2018

CODING: Words stricken are deletions; words underlined are additions.
hb1193-00
Page 1 of 2
F L O R I D A H O U S E O F R E P R E S E N T A T I V E S

A bill to be entitled 1
An act relating to rural economic development; 2
amending s. 288.018, F.S.; increasing the maximum 3
grant amount under the Regional Rural Development 4
Grants Program for organizations in rural areas of 5
opportunity; revising the amount of a grant which 6
organizations in rural areas of opportunity are 7
required to match; providing an effective date. 8
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Be It Enacted by the Legislature of the State of Florida: 10
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Section 1. Subsection (1) of section 288.018, Florida 12
Statutes, is amended to read: 13
288.018 Regional Rural Development Grants Program.— 14
(1) The department shall establish a matching grant 15
program to provide funding to regionally based economic 16
development organizations representing rural counties and 17
communities for the purpose of building the professional 18
capacity of their organizations. Such matching grants may also 19
be used by an economic development organization to provide 20
technical assistance to businesses within the rural counties and 21
communities that it serves. The department is authorized to 22
approve, on an annual basis, grants to such regionally based 23
economic development organizations. The maximum amount an 24
organization may receive in any year will be $50,000, or 25

HB 1193 2018

CODING: Words stricken are deletions; words underlined are additions.
hb1193-00
Page 2 of 2
F L O R I D A H O U S E O F R E P R E S E N T A T I V E S

$250,000 to an organization $150,000 in a rural area of 26
opportunity recommended by the Rural Economic Development 27
Initiative and designated by the Governor. The grant, and must 28
be matched each year by the organization in an equivalent amount 29
of nonstate resources, except that a grant to an organization in 30
a rural area of opportunity must be matched each year with 31
nonstate resources equivalent to half of the grant amount. 32
Section 2. This act shall take effect July 1, 2018. 33