HOUSE OF REPRESENTATIVES STAFF ANALYSIS
BILL #: CS/HB 1311 Office of the Blue Economy
SPONSOR(S): Regulatory Reform & Economic Development Subcommittee, LaMarca and others
TIED BILLS: IDEN./SIM. BILLS: SB 1754
REFERENCE ACTION ANALYST STAFF DIRECTOR or
BUDGET/POLICY
CHIEF
1) Regulatory Reform & Economic Development 13 Y, 0 N, As CS Phelps Anstead
Subcommittee
2) Higher Education Appropriations Subcommittee 14 Y, 0 N Stenson Smith
3) Education & Employment Committee
SUMMARY ANALYSIS
The blue economy, or the ocean economy, is a term used to describe the economic activities associated with
the oceans and seas. Florida has the second longest coastline among US states and territories, which contains
natural resources and infrastructure that represents a large portion of the state’s economy. Recently, it has
been found that in order to support Florida’s coastal natural resources and infrastructure, and mitigate related
threats, certain strategies and actions, such as developing and expanding the resources that support Florida’s
blue economy, would be beneficial.
The State University System (SUS) is composed of 12 public universities with the purpose of achieving
academic excellence through teaching students, advancing research, and providing public service for the
benefit of Florida’s citizens and their communities and economies. The Board of Governors (BOG) operates,
regulates, controls, and manages of the SUS.
The bill:
Establishes the Office of the Blue Economy (Office) within the SUS.
Requires the Office to be housed within a state university and administered by the BOG of the SUS.
Requires the Office, in part, to connect the state's ocean and coastal resources to certain economic
development strategies, survey state universities and colleges on the development of academic
research, collaborate with relevant industries, develop and facilitate academic research and startup
funding, promote the state’s blue economy on national and international platforms, and maintain a
website on which the Office must publish information related to its responsibilities.
Requires the Office, by December 30, 2025, and annually thereafter, to report on the economic benefits
of the Office and the development of emerging marine and maritime industries.
The bill will have an indeterminate fiscal impact on the expenditures of the BOG and the state university that
will house the Office. See fiscal comments.
The bill provides an effective date of July 1, 2024
This docum ent does not reflect the intent or official position of the bill sponsor or House of Representatives .
STORAGE NAME: h1311c.HEA
DATE: 2/13/2024
FULL ANALYSIS
I. SUBSTANTIVE ANALYSIS
A. EFFECT OF PROPOSED CHANGES:
Present Situation
The Blue Economy
The blue economy, or the ocean economy, is a term used to describe the economic activities
associated with the oceans and seas. Defined as the “sustainable use of ocean resources to benefit
economies, livelihoods and ocean ecosystem health,” the activities of a blue economy typically include
maritime shipping, fishing and aquaculture, coastal tourism, renewable energy, water desalination,
undersea cabling, seabed extractive industries and deep sea mining, marine genetic resources, and
biotechnology.1
Globally, the blue economy is estimated to be worth over $1.5 trillion per year, provides over 30 million
jobs and supplies certain foods to over three billion people. It is predicted that the ocean economy may
double to $3 trillion by 2030.2
The US marine economy, including goods and services, contributed approximately $373 billion to the
nation’s gross domestic product in 2018 and grew faster than the nation’s economy as a whole,
according to statistics released by the US Department of Commerce. 3 The sectors making the largest
contributions to the nation’s gross domestic product, include:
Tourism and recreation, including recreational fishing ($143 billion).
National defense and public administration ($124 billion).
Offshore minerals ($49 billion).
Transportation and warehousing ($25 billion).
Living resources, including commercial fishing and aquaculture ($13 billion).
Ship and boat building ($9 billion).
Power generation ($4 billion).
Research and education ($3 billion).
Construction ($2.5 billion).
Professional and technical services ($31 million).
Strategic Plan for Florida’s Oceans and Coasts
Recently, the Florida legislature awarded a grant to the Florida Ocean Alliance 4 to create the strategic
policy plan for Florida’s oceans and coasts (plan).5 According to the plan, Florida has 8,436 miles of
coastline, the second longest coastline among US states and territories, which contain essential,
valuable, and iconic natural resources and human-built infrastructure. In 2018, Florida’s coastal
counties generated more than $797 billion of economic value, or 77 percent of the state’s more than $1
trillion economy at the time. Direct and indirect use of ocean and coastal resources contributed to $73.9
1
The London School of Economics and Political Science, What is the b lue economy?
https://www.lse.ac.uk/granthaminstitute/explainers/what-is-the-role-of-the-blue-economy-in-a-sustainable-future/ (last visited Feb. 9,
2024).
2 Id.
3 National Oceanic and Atmospheric Administration, Marine economy in 2018 grew faster than U.S. overall (June 2, 2020),
https://www.noaa.gov/media-release/marine-economy-in-2018-grew-faster-than-us-overall (last visited Feb. 9, 2024).
4 The Florida Ocean Alliance is a nonpartisan organization dedicated to bringing together the private sector, academia, and non profit
research organizations in Florida to protect and enhance Florida’s coastal and ocean resources for continued social and economic
benefits. Florida Ocean Alliance, https://www.floridaoceanalliance.org/ (last visited Feb. 9, 2024).
5 Florida Ocean Alliance, Securing Florida’s Blue Economy: A Strategic Plan for Florida’s Oceans and Coasts Florida Ocean Alliance,
Executive Summary (June 2020),
https://static1.squarespace.com/static/614dece04ec1fe659b8317d5/t/616376221a6d513c75428a1a/1633908258963/2020+Securing+fl
oridas+blue+economy.pdf (last visited Feb. 9, 2024).
STORAGE NAME: h1311c.HEA PAGE: 2
DATE: 2/13/2024
billion to the state’s economy, and more than one million jobs in Florida were directly and indirectly
created by activities that used ocean and coastal resources.6
In order to support Florida’s coastal natural resources and infrastructure, and mitigate related threats,
the plan outlines the following strategies and actions: 7
Blue Economy: Developing and expanding the resources that support a major portion of
Florida's economy.
Ocean and coastal resilience: Ensuring the elements of Florida's Blue Economy are more
resilient to the effects of local and global threats.
Human and natural infrastructure: Improving the water, wastewater, stormwater, power
infrastructure, and natural habitats that support Florida’s diverse and valuable living resources.
Implementation, outreach, and financing: Building and sustaining broad support and
partnerships for executing the Plan with accountability and transparency.
According to the strategic plan, a top priority is to create a statewide, public-private partnership under
the Executive Office of the Governor, similar to Space Florida, CareerSource Florida, and other
executive-level state partnerships in order to provide a connected leadership that is critical to the
implementation of the plan.8
State University System of Florida
The State University System (SUS) is composed of 12 public universities.9 The purpose of the SUS is
to achieve academic excellence through teaching students, advancing research, and providing public
service for the benefit of Florida’s citizens and their communities and economies. 10 The Board of
Governors (BOG) is responsible to operate, regulate, control, and be fully responsible for the
management of the whole SUS.11
Effect of the Bill
Office of the Blue Economy
The bill provides the following Legislative findings:
The Florida Legislature finds that marine and maritime resources play a vital role in the
state. The Legislature highly values the partnership between the state and its universities
and the Florida College System and finds that through this collaboration significant
innovation and investment are driven in targeted industries.
The bill creates the Office of the Blue Economy (Office) within the State University System to promote
economic development by connecting the state’s research institutions with financial resources. The
Office is to be housed within a state university and administered by the BOG of the SUS.
The bill defines “blue economy” as the economic uses of marine and maritime resources with a focus
on sustainable practices that benefit the long-term outlook of relevant industry sectors and the
competitive positioning of the state in a global economy. Relevant industry sectors include, but are not
limited to, industries such as shipyards, marinas, piers, aquaculture, commercial diving, fishing, tourism
and recreational activities. The bill requires the Office to:
6 Florida Ocean Alliance, Securing Florida’s Blue Economy: A Strategic Plan for Florida’s Oceans and Coasts, 1 (June 2020),
https://static1.squarespace.com/static/614dece04ec1fe659b8317d5/t/616376221a6d513c75428a1a/1633908258963/2020+Securing+fl
oridas+b lue+economy.pdf (last visited Feb. 9, 2024).
7 Id.
8 Id.
9 State University System of Florida, Chancellor, https://www.flbog.edu/about-us/office-of-the-chancellor/chancellor/ (last visited Feb. 9,
2024).
10 Art. IX, s. 7(a), Fla. Const.
11 Art. IX, s. 7(d), Fla. Const.
STORAGE NAME: h1311c.HEA PAGE: 3
DATE: 2/13/2024
Support the state's economy by connecting the state's ocean and coastal resources to
economic development strategies that enhance or contribute to the blue economy with a focus
on:
o Research and development,
o Technological innovation,
o Emerging industries,
o Strategic business recruitment,
o Public and private funding opportunities, and
o Workforce training and education.
Survey state universities and Florida College System institutions on the development of
academic research relating to the blue economy across all disciplines, including:
o Encourage collaboration between state universities and Florida College System
institutions with overlapping areas of academic research.
o Publish on the Office’s website information on such collaboration and the current
research inventory.
Collaborate with relevant industries to identify economic challenges that may be solved through
innovation in the blue economy by commercializing or otherwise providing public access to
academic research and resources.
Develop and facilitate a pipeline of academic research, commercialization, accelerator
programs, and startup funding.
Publish on the Office’s website reports on the number, growth, and average wages of jobs
included in the blue economy.
o Such reports must identify and address any relevant labor shortages projected by the
Labor Market Estimating Conference pursuant to s. 216.136(7), F.S.
Educate other state and local entities on the interests of the blue economy and how such
entities may positively address environmental issues while simultaneously considering the
economic impact of their policies.
Communicate the state's role as an integral component of the blue economy by promoting the
state on national and international platforms and other appropriate forums as the premier
destination for convening on pertinent subject matters.
Maintain a website on which the Office shall publish information that is required from its
obligations.
Annual Report
The bill requires the Office, by December 30, 2025, and each December 30 thereafter, to provide to the
Governor, the President of the Senate, and the Speaker of the House of Representatives a detailed
report demonstrating the economic benefits of the Office and the development of emerging marine and
maritime industries or technologies.
Effective Date
The bill provides an effective date of July 1, 2024.
B. SECTION DIRECTORY:
Section 1: Creates s. 288.102, F.S., relating to Office of the Blue Economy; creation; powers and
duties.
Section 2: Provides an effective date.
II. FISCAL ANALYSIS & ECONOMIC IMPACT STATEMENT
A. FISCAL IMPACT ON STATE GOVERNMENT:
1. Revenues:
STORAGE NAME: h1311c.HEA PAGE: 4
DATE: 2/13/2024
None.
2. Expenditures:
See fiscal comments.
B. FISCAL IMPACT ON LOCAL GOVERNMENTS:
1. Revenues:
None.
2. Expenditures:
None.
C. DIRECT ECONOMIC IMPACT ON PRIVATE SECTOR:
None.
D. FISCAL COMMENTS:
The bill will have an indeterminate fiscal impact on the expenditures of the state university that houses
the Office and the BOG as it relates to administration. While the cost is indeterminate, any costs
associated with the bill can be absorbed within existing resources.
III. COMMENTS
A. CONSTITUTIONAL ISSUES:
1. Applicability of Municipality/County Mandates Provision:
None.
2. Other:
None.
B. RULE-MAKING AUTHORITY:
None.
C. DRAFTING ISSUES OR OTHER COMMENTS:
None.
STORAGE NAME: h1311c.HEA PAGE: 5
DATE: 2/13/2024
IV. AMENDMENTS/COMMITTEE SUBSTITUTE CHANGES
On February 6, 2023, the Regulatory Reform & Economic Development Subcommittee adopted an
amendment and reported the bill favorably as a committee substitute. The amendment:
Created the Office of the Blue Economy within the State University System, instead of within the
Department of Commerce.
Required the Office to be administered by the Board of Governors of the State University System.
Required the Office to maintain a website on which the Office shall publish information that is
required from its obligations.
Removed the creation of the Marine and Maritime Resources Grant Program.
Removed the $1 million appropriation to the Department of Commerce.
This analysis is drafted to the committee substitute as passed by the Regulatory Reform & Economic
Development Subcommittee.
STORAGE NAME: h1311c.HEA PAGE: 6
DATE: 2/13/2024