The bill seeks to reform Florida's business development and economic opportunities by shifting the focus from minority business assistance to broader support for rural and urban enterprises. It repeals existing laws related to minority participation and renames the Office of Supplier Diversity to the Office of Supplier Development, reflecting its new role in assisting all business enterprises. The bill introduces the Research, Innovation, Science, and Engineering (RISE) Investment Tax Credit Program to incentivize investments in qualifying projects and mandates that agencies consider outreach to rural or urban business enterprises in their procurement processes. Additionally, it establishes the Florida Advisory Council on Small, Rural, and Urban Business Development to advise on matters related to these enterprises.

Key amendments include replacing references to "minority business enterprises" with "rural or urban business enterprises" throughout the statutes, thereby broadening the scope of businesses eligible for state contracts. The bill also outlines the responsibilities of the Office of Supplier Development, which includes monitoring procurement from these enterprises and maintaining a directory of certified businesses. Furthermore, it establishes a uniform certification process for rural or urban business enterprises and mandates that agencies report annually on their compliance with the new provisions. Overall, the legislation aims to enhance economic opportunities for rural and urban businesses while streamlining certification and procurement processes.

Statutes affected:
S 1264 Filed: 24.113, 186.501, 186.502, 186.503, 186.504, 186.505, 186.506, 186.507, 186.508, 186.509, 186.511, 186.512, 186.513, 186.515, 288.706, 288.714, 212.08, 215.559, 253.025, 287.012, 287.0931, 287.09451, 287.0947, 288.001, 288.0065, 288.1167, 288.12266, 288.1229, 288.124, 288.7015, 288.702, 288.703, 288.705, 288.776, 290.0056, 290.0057, 331.302, 331.351, 445.004, 447.203, 17.11, 68.082, 120.52, 120.525, 120.65, 163.3177, 163.3178, 163.3245, 163.568, 164.1031, 186.003, 186.006, 186.008, 186.803, 255.101, 255.102, 258.501, 287.0943, 287.055, 288.7031, 290.004, 320.08058, 320.63, 335.188, 339.155, 339.175, 339.285, 341.041, 343.54, 369.303, 369.307, 373.309, 377.703, 378.411, 380.031, 380.045, 380.055, 380.061, 380.07, 380.23, 380.507, 381.986, 403.031, 403.0752, 403.503, 403.50663, 403.507, 403.5175, 403.518, 403.522, 403.5251, 403.526, 403.5272, 403.5365, 403.704, 403.7226, 403.723, 403.9403, 403.941, 403.9422, 403.973, 409.901, 420.609, 440.45, 501.171, 625.3255, 627.3511, 641.217, 657.042, 658.67, 947.02, 947.021, 1004.435, 1013.30
S 1264 c1: 24.113, 186.501, 186.502, 186.503, 186.504, 186.505, 186.506, 186.507, 186.508, 186.509, 186.511, 186.512, 186.513, 186.515, 288.124, 288.706, 288.714, 331.351, 212.08, 215.559, 253.025, 287.012, 287.09451, 287.0947, 288.001, 288.0065, 288.1167, 288.1229, 288.7015, 288.702, 288.703, 288.705, 288.776, 290.0056, 290.0057, 331.302, 447.203, 17.11, 68.082, 120.52, 120.525, 120.65, 163.3177, 163.3178, 163.3245, 163.568, 164.1031, 186.003, 186.008, 186.803, 212.096, 255.101, 255.102, 258.501, 287.055, 287.0943, 287.09431, 288.0001, 288.7031, 290.004, 320.08058, 335.188, 339.155, 339.175, 339.285, 341.041, 343.54, 369.303, 369.307, 373.309, 376.3072, 377.703, 378.411, 380.031, 380.045, 380.055, 380.061, 380.07, 380.23, 380.507, 381.986, 403.031, 403.0752, 403.503, 403.50663, 403.507, 403.5175, 403.518, 403.522, 403.526, 403.5272, 403.704, 403.7226, 403.723, 403.9403, 403.941, 403.9422, 403.973, 420.609, 501.171, 625.3255, 657.042, 658.67, 1013.30
S 1264 c2: 24.113, 186.501, 186.502, 186.503, 186.504, 186.505, 186.506, 186.507, 186.508, 186.509, 186.511, 186.512, 186.513, 186.515, 288.124, 288.706, 288.714, 331.351, 212.08, 253.025, 287.012, 287.09451, 287.0947, 288.001, 288.0065, 288.1167, 288.1229, 288.7015, 288.702, 288.703, 288.705, 288.776, 290.0056, 290.0057, 331.302, 447.203, 17.11, 68.082, 120.52, 120.525, 120.65, 163.3177, 163.3178, 163.3245, 163.568, 164.1031, 186.003, 186.006, 186.008, 186.803, 212.096, 255.101, 255.102, 258.501, 287.055, 287.0943, 287.09431, 288.0001, 288.7031, 290.004, 320.08058, 335.188, 339.155, 339.175, 339.285, 341.041, 343.54, 369.303, 369.307, 373.309, 376.3072, 377.703, 378.411, 380.031, 380.045, 380.055, 380.061, 380.07, 380.23, 380.507, 381.986, 403.031, 403.0752, 403.503, 403.50663, 403.507, 403.5175, 403.518, 403.522, 403.526, 403.5272, 403.5365, 403.704, 403.7226, 403.723, 403.9403, 403.941, 403.973, 420.609, 501.171, 625.3255, 657.042, 658.67, 1013.30