January 28, 2021
Earlier today it was erroneously reported that BlueWare, Inc. had received incentive funding from the state. BlueWare has in fact received NO funding from the state. The company was approved for a Quick Action Closing Fund (QACF) incentive of $550,000 and a Qualified Target Industry (QTI) Tax Refund of $760,000, but has not met the performance milestones required to receive their incentive funding. The programs worked exactly as designed – to award incentive funds only when projects meet their performance requirements. The status of BlueWare’s incentive funding can be viewed on theDepartment of Economic Opportunity Portal.
Both the QACF and QTI programs are performance-based and include specific milestones that must be met in order to receive the incentive funding. Under Governor Scott and Secretary of Commerce Swoope, milestones put in place to receive QACF awards have been strengthened.
经济发展激励有多种形式,包括退税、税收抵免、免税和现金补助。其他工具,如融资,可以帮助促进经济发展项目。与各种激励计划的资格要求相比,对项目需求的全面评估有助于决定哪些计划适合或不适合每个项目。
佛罗里达州大部分有竞争力的经济发展项目都使用退税。有了这些激励措施,企业首先与国家签订一份合同,其中包括一个新的创造就业机会的目标、创造这些新就业机会的时间表以及为新就业机会支付的平均工资。企业开始项目并开始招聘后,提交年度索赔表和纳税文件。国家用公司的季度失业补偿金和工资单报告核实索赔数据,并核实税务文件。如果国家确认履行了合同义务,并从社区获得了当地财政支持(如果需要),则向企业发送退款支票。如果QTI业务部分执行,但不满足其全部合同工作或工资要求,则有权获得按比例退款,减去罚款,或者将邀请其申请经济复苏延期(ERE)。未提出索赔或未履行履约义务的企业将被终止该计划。
In the case of BlueWare, the state’s incentive programs have worked exactly as designed – to protect tax payers from projects that do not perform as outlined in their contracts. Not only are programs like QTI “pay after performance,” the incentive requires that the company meet performance criteria on a set schedule and that it REMITS ITS TAXES to receive a rebate. It is essentially a “pay after performance and after you pay Florida” incentive.
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