“$1 billion in unclaimed property in Florida”
First Coast News – Jacksonville, Fla.
February 8, 2017
To view the clip, click HERE.
ICYMI
ICYMI: Florida Politics: "Jeff Atwater wins first round of $1 billion bonds fight with feds"
“Jeff Atwater wins first round of $1 billion bonds fight with feds”
Florida Politics
Story by Jim Rosica
February 9, 2017
Click HERE to read the full story.
Florida Chief Financial Officer Jeff Atwater has scored a preliminary win in his fight against the federal government over U.S. savings bonds he holds as unclaimed property.
The U.S. Treasury has agreed to redeem “just over 1,000 bonds, worth a little more than half a million dollars, excluding accrued interest,” Atwater spokeswoman Ashley Carr said Thursday.
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In November, Atwater sued the feds for that amount, saying they had refused to make good on matured U.S. savings bonds he holds as unclaimed property.
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“The bonds they’ve agreed to redeem are those in our physical possession and bonds for which we had records and had previously returned to the U.S. Treasury,” Carr said. Atwater’s office plans to give the proceeds from the bonds “to whom they belong, or their heirs.”
“We’re a long way from the finish line, but it’s a win worth celebrating,” Carr said.
The Department of Financial Services, which Atwater heads, is holding thousands of “unclaimed, matured savings bonds that were originally registered to individuals with last-known addresses in the State of Florida,” his suit says. Some of the bonds date back to the 1930s.
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Florida’s piece is one small part of the pie: “… over $19 billion in matured, unredeemed U.S. savings bonds remain outstanding nationwide,” Atwater has said.
ICYMI: Bay News: Gov. Scott is Fighting for Florida’s Job Creation Agencies
“Gov. Scott is Fighting for Florida’s Job Creation Agencies”
Bay News 9 – Tampa Bay, FL
February 8, 2017
To view the clip, click HERE.
ICYMI: Fant Appoints Gibson to Jacksonville Cultural Council
Duval County Legislative Delegation Chair Jay Fant announced today the appointment of Senator Audrey Gibson to the Jacksonville Cultural Council. Gibson represents District 6 in the Florida Senate.
“Senator Gibson’s long record of public service in our area make her a perfect fit to be a strong voice for the arts on the Cultural Council,” said Fant. “I look forward to working with her and all the members of our delegation to promote opportunities for cultural development and ensure that we have a vibrant arts community in Duval County.”
Gibson served in the Florida House of Representatives from 2002 to 2010 and was elected to the Florida Senate in 2011. Currently, she chairs the Military and Veterans Affairs, Space, and Domestic Security Committee.
Fant has represented District 15 in the Florida House of Representatives since 2014 and was chosen by his fellow area legislators to chair the Duval delegation for 2017. In addition to Fant and Gibson, the Duval legislative delegation includes Senator Aaron Bean (District 4) and Representatives Cord Byrd (District 11), Kim Daniels (District 14), Tracie Davis (District 13), Jason Fischer (District 16), and Clay Yarborough (District 12).
About Jay Fant for State Representative
Jay Fant’s strong ties to Jacksonville began when his grandfather’s family moved to the city in 1920. Jay’s father and grandfather have been local business and civic leaders, with both having served in elected office. In 1947, the family started First Guaranty Bank, one of the oldest banks in the city. In 1994, Jay was elected to serve on the board and led the company with his father through 2012. Jay has done much to continue the family tradition of investing in the community. He has been involved with many different organizations, including Big Brothers Big Sisters, Healthy U Now Foundation, Rotary, and the Florida Bankers Association. Jay and his wife, Lauren, have two sons and two daughters. They attend St. Johns Presbyterian Church. In his spare time, he coaches little league baseball and basketball.
Paid by Jay Fant, Republican, for State Representative
ICYMI: Miami Herald: Gov. Rick Scott: Judge Gorsuch supremely qualified for high court
Judge Gorsuch supremely qualified for high court
Miami Herald
Governor Rick Scott
February 6, 2017
To read the full op-ed, click HERE.
ICYMI: Gov. Scott fights for Florida jobs despite House of Representatives job killing legislation
Governor Rick Scott met with reporters earlier today to discuss the importance of funding jobs and tourism following news that the Florida House of Representatives has decided to push legislation to undo economic development funding in Florida and defund the state’s tourism agency.
Below is a transcript of a portion of the Governor’s remarks – To watch the full video of the Governor’s remarks, click HERE to watch on the Florida Channel.
Governor Rick Scott said, “Now I go into my next Legislative Session and I watch the Florida House- they don’t care about people’s jobs. These are individuals who haven’t experienced what I went through as a child; have never been in business; don’t know the difficulty of building a business; must not think about the importance of business or jobs; are not thinking about their constituents…They are individuals who have never been in business and they want to lecture me. I’ve taken the risk of starting businesses. I’ve gone through the struggles of building a business. I watched my parents struggle. And now I have people that want to lecture me that have never done anything like this.
“When the House wants to stop Enterprise Florida, they’re hurting our poorest communities, they’re hurting our rural communities. When they want to say that we don’t need to do anymore marketing for VISIT FLORIDA, what they are saying is we don’t need any more jobs in tourism. Now let’s think of what’s happened. In business, what you learn is you have to get a return on investment. Otherwise there will be no shareholders who give you money, there will be no bondholders who give you money, you won’t be able to stay in business. So when I came in…I said, we’re going to get a return. I’m not going to put the money out unless we get a return…And we’ve gotten a much better return than anybody’s going to get in their bank account.
“On top of that, look at what we’ve done with VISIT FLORIDA. We have increased the number of our expenditure and what have we seen? We have seen unbelievable number of new jobs and new tourists. The state had stagnated around 80 million tourists- 82 million tourists a year before I got elected. This year, we’ll have over 110 million tourists. Even after going through all the issues we had last year- whether it’s Zika or the hurricanes or other issues. We’re seeing tourism grow. So these are two groups that have gotten very good return for all of our taxpayers.
“But the most important thing- they’ve given people the opportunity for a job. A job creates hope, a job creates opportunity for your family. I know the importance of that. That’s what my parents struggled with. Now…we are seeing people that just want to run for higher office that are not concerned about what happens to other people. They just think it’s a nice soundbite. That doesn’t help anybody in their community, it doesn’t help anybody in our state.”
ICYMI: Tallahassee Democrat: ‘Liquor wall’ a relic that needs to come down
Over the weekend, you may have missed a timely column authored by the Tallahassee Democrat editorial board, entitled “Our Opinion: ‘Liquor Wall’ a Relic that Needs to Come Down.”
In the column, the editorial board voices support for tearing down the alcohol separation wall through Senator Anitere Flores’ bill, SB106 – citing an evolving society as a reason to repeal the antiquated, Prohibition era law.
Our opinion: ‘Liquor wall’ a relic that needs to come down
By: Tallahassee Democrat Editorial Board
Normally sensible legislators can make all kinds of laws about crime, education, transportation or taxation – but they seem to get a little tipsy when the topic is alcohol.
Spurred by the public’s thirst and their own appetite for the revenue “sin taxes” contribute to state coffers, state legislators have chipped away at liquor laws over the past 80-plus years. They left some local options, for communities that want to regulate the time, place and type of alcohol sales they will allow. But tourism-dependent Florida doesn’t really have the kind of “wet” and “dry” controversies that legislators in many states have had since the demise of Prohibition.
There is, however, one relic of the Noble Experiment still affecting our booze market – the requirement that liquor stores have a separate entrance from regular retail establishments. They call it the “liquor wall” down at the Capitol, where the move to repeal the separation rule this year is a textbook example of special-interest legislating.
There has been no great public clamor from citizens who feel oppressed by having to walk out of Walmart or Target, go 50 feet down the sidewalk, and enter the store’s liquor store when they want to buy a bottle. The “big box” stores just want to put the hard stuff on shelves next to their beer and wine, making shopping and restocking more efficient. The liquor store operators, like ABC Fine Wine & Spirits, have lobbied for years to make things the way they are – and don’t want the big boys to muscle into a bigger share of the market.
It’s not exactly the Capone gang fighting Bugs Moran for control of some speakeasies. But in an era when you can order online and have a bottle delivered, the idea of walling off liquor stores from the rest of a big market seems like an almost charming anachronism.
There is one good argument against the bill (SB 106) by Sen. Anitere Flores, R-Miami, that would tear down the alcohol wall. At a Senate committee hearing last month, ABC’s chief executive and some lobbyists for independent dealers said shoplifting is a lot easier in the big box stores. You can’t stuff a six pack of beer, or a case, under your jacket and kids don’t want wine, but a flask-like bottle fits easily into a pocket.
Minors aren’t allowed in a liquor store alone, and are very conspicuous when they come in with an adult. Plus, those stores have more employees and security cameras per square foot to guard against theft.
But those superstores are national chains, and their locations in states without the separate-door requirement have not reported any major problems with liquor thefts.
Since the 18th Amendment and the Volstead Act, for more than a century, state and federal legislators have had a love-hate relationship with alcohol. Governments need the revenue and people want to drink – but nobody feels real good about it. Politicians like to say you can’t legislate morality, but that doesn’t stop many of them from trying.
Here in Tallahassee, alcohol regulation has a storied history, much of it probably embellished in the retelling. The fabled Silver Slipper restaurant, long gone now, used to have little rooms off of its main floor, where lobbyists and legislators could pull a curtain and cut some deals. Privacy was important, not just for the subject matter under discussion.
At various times, many places had “brown bagging.” Waiters, who had no idea what patrons had in those little sacks, would bring a glass of ice and a pitcher of water, Coke or ginger ale. We can only wonder how much of Florida history was shaped at Wakulla Lodge, which financier Ed Ball built to entertain the state’s decision-makers of a long-gone era.
Back before the legislative gift ban, there was the famous “beer fairy,” who’d leave a case at a legislator’s doorstep every morning of the session. In fact, when South Florida legislators tried to move the Capitol to Orlando, one of the reasons local members were able to stop them was that Leon County had finally gone wet. (Another reason was that Big Bend legislators had real power back then.)
Innocent children are not going to be scarred by the sight of a Jack Daniels label, next to a row of beer and wine on a grocery shelf, if the Flores bill passes. Nor will keeping the alcohol wall, and requiring customers to make a second stop in their shopping, impede law-abiding adults who are buying their booze.
It’s not going to affect drinking habits or state revenues but, on balance, we’d say it’s time to scrap this hangover from a long-gone, more innocent age.
Floridians for Fair Business Practices is a coalition of retailers and business groups whose purpose is to identify rules and regulations, which prohibit the growth and expansion of Florida business. For additional information, please visit to www.FairBizinFlorida.com.
ICYMI: WESH: Gov. Scott: Investing in Florida’s Ports Has Created Nearly 900,000 Jobs
“Gov. Scott: Investing in Florida’s Ports Has Created Nearly 900,000 Jobs”
WESH-ORD (NBC) – Orlando, FL
February 6 2017
To view the clip, click HERE.
ICYMI: Orlando Sentinel: Incentive cuts could stymie Orlando's hunt for higher-paid jobs, officials say
Incentive cuts could stymie Orlando’s hunt for higher-paid jobs, officials say
Orlando Sentinel
Column: Paul Brinkmann
February 5, 2017
Alan Horne was worried last year about finding a job in manufacturing when he moved back to Orlando where he had gone to high school.
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But he quickly landed a job at a company that had just been approved to receive state incentive dollars to expand in Orlando: Voxx International.
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The incentive program that Voxx used is facing elimination under a bill filed in the Legislature this week, backed by House Speaker Richard Corcoran.
Local leaders say cutting incentives could spell trouble for Orlando’s efforts to add more higher-paying tech, health and professional jobs — as it did in recent years with incentives for Voxx, Deloitte, Verizon and KPMG — to balance tens of thousands of low-paying hospitality and theme-park jobs.
There are many ways to entice a business to locate in your community, said Crystal Sircy, executive vice president at the Orlando Economic Development Commission. The most important issue is ability to hire a trained workforce. But Sircy said competition is fierce, and sometimes cities wind up being equal at the end of a company’s research. If Orlando has no money to offer, while Dallas or Atlanta does, the company probably won’t come to Central Florida, she said.
“To lose the ability to win the competitive advantage, at the end of that competition, would be unfortunate,” she said.
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Every state offers some kind of incentives, and half of them offer cash incentives, said Jay Biggins, a New York- based consultant with one of the nation’s leading site selection companies.
“Public-sector economic-development incentives are built as a pricing strategy,” he said. “Like any other part of your business, relocating has a cost, and helping companies with that cost makes you more attractive.”
Other states continue to offer aggressive cash incentives. Industry observers said lawmakers in other states, such as North Carolina, have tried to end or cut back some of their incentive programs, only to refund them. In 2015 North Carolina replenished funding for its Jobs Development Investment Grant program through 2018, and raised the monetary value of JDIG grants the state can give each year from $15 million to $20 million for most projects.
Bloomberg produced a survey that year that named Texas, Florida and Nevada as the most business-friendly states for relocations, in terms of corporate taxes and incentives. New York, California and Illinois were deemed the least friendly, although those states do offer incentives also.
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The Space Coast also has been relying heavily on incentives to attract companies such as Blue Origin, which has already been approved for a reported $26 million incentive package to build a new rocket factory and employ 300 people at an average of $89,000 salary, and OneWeb, which is in line for about $20 million in various incentives to build a satellite plant employing 250 people.
In Orlando, Voxx executives said an incentive package of $1.4 million from Florida and the city was among the reasons they chose to move their headquarters here from New York.
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ICYMI: WESH: Gov. Scott recognizes USTA for job creation
“Gov. Scott Recognizes USTA for Job Creation”
WSH-ORD (NBC) – Orlando, FL
February 3, 2017
To view the clip, click HERE.