Petition updateStop All Aboard Florida from using the FEC train tracks. They should build new tracks west of our towns without the use of U.S. Government backed loans or funds.Contact the Governor and Senators today! Alarming changes to the Florida Development Finance Corporation (FDFC) are being introduced under CS/HB 7067
Florida NOT All AboardEast Coast, FL, United States
Apr 26, 2015
Time is of the essence as this legislative session is coming to an end! Ask the Senate to remove these special provisions that have been added to HB 7067 that removes some oversight to the Florida Development Finance Corporation (FDFC). Link to the form letter to e-mail to Governor Scott and all Senators (send today!): http://www.floridanotallaboard.net/form-letters-against-aaf/protest-email-over-alarming-changes-to-fdfc-under-cshb-7067/ TC Palm coverage of the bill: Bill would help secure All Aboard Funding -tcpalm.com April 26, 2015 TALLAHASSEE — Amendments to a business-development bill would close certain loopholes left when the Florida Development Finance Corp. last year tentatively agreed to issue tax-exempt private activity bonds for All Aboard Florida. Earlier this year, the quasi-governmental agency’s board was found to have been improperly constituted since May 2010. Decisions made during that period were deemed unenforceable. On April 7, all past actions — except preliminary approval of $1.75 billion of bonds for All Aboard Florida — were approved retroactively. The amendment would make that earlier All Aboard Florida decision “valid and binding.” Once passed, the bill would go to the Senate. Florida Development Finance Corp.’s next meeting is May 14 in Orlando, although All Aboard Florida doesn’t appear as an agenda item until its May 28 meeting. http://www.tcpalm.com/franchise/shaping-our-future/our-roads/bill-would-help-secure-all-aboard-florida-funding_07182436
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