Florida Senate Panel Approves Oil Spill Bill

By: Associated Press
By: Associated Press

Tallahassee, FL (AP) - A Gulf of Mexico oil spill recovery
bill that focuses on the Florida Panhandle has cleared a Senate

The Community Affairs Committee unanimously approved the bill
(SB 248) on Tuesday.

A key provision would require that 75 percent of any fines or
settlements collected by the state be spent in seven coastal
Panhandle counties. The money would fund research on the spill's
effects, environmental restoration and economic development

The bill also provides $10 million to the region for economic
development efforts and extends building and development permit

It also lifts the state sales tax on boats and marine equipment
bought in the seven counties from July 1 through Sept. 30 this

(Copyright 2011 by The Associated Press. All Rights Reserved.)

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