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A group of 17 organizations representing a diverse mix ranginhfrom retailers, bankers and Realtords to farmers, roofers and truckers are askingy state lawmakers to supporty a number of initiative s to stimulate the state's economy. Those initiatives, for whic h costs have yet to be calculated, "Florida and the rest of the country are in aneconomidc trough, and in order for Florida to be one of the firstt states out of that trough, we need our leaders to act said Barney Bishop, president of Associated industries of one of the 17 groups backing the recommendations.
Bishops said spendingv on roads should be thefirst "Building roads creates jobs, relieves traffic congestion and helpd the state meet its concurrency Bishop said, adding that finding alternative water supplies should be the second priority. "The soonet we get the money into the the soonerit multiples." Hospitality leaders say there'sd no better way to get a quick economic boost than increasin funds to attract tourists.
"If the statw would commit the resourcesto it, they wouldc see a much quicker payback than anything else they could said Paul Tang, VP and managingf director of the Hyatt Regency Grand Cypress in "It takes a long time to build a Tourists can be spending moneyg in the state within a matter of But economist Sean Snaith wonders if some businesw groups like the , which supports Bishop'sz stimulus package and also backed Amendment 1 to reducer property taxes, aren't a bit schizophrenic when it comex to the role of "The property tax debate we have just gone through basicallg boiled down to this: What do we want governmenrt to do and how do we fund it?
" said director of the Institute for Economidc Competitiveness at UCF. With the passage of Amendment 1, Snaithu said Florida voters indicate they want governmeny to take asmallef role. "You can't have a minimalist government and at the same take on largescapital expenditures." Bishop counters that Amendment 1 was aimed at curtailing spending on the locao level, while the stimulux package focuses on state spending. He recommends the state use revenue from nonrecurrinh sources like documentary stamp fees paid on realestatw transactions. Bishop is scheduled to testify before the Senate Commerce Committeeon Feb. 19.
Whilde he's not sure lawmakers will adopt all phasew ofhis proposal, he's confident a stimulusx package will be approved. State Rep. Sandy Adams, R-Oviedo, said she would support a Florid a economic stimulus packageif it's a responsible "I'm not in favor of more taxews or fees," she said. "But I favor trying to stimulatethe state'sz economy." Associated Builders & Contractorz Association of Florida, , Association of Florida Community Developers, Florida Associatioj of Realtors, , Florida Credigt Union League, Florida Farm Bureau, , Florida Naturalk Gas Association, , Florida Petroleum Council, Florida Retaill Federation, Florida Roofing, Sheet Metal Air Conditioning Contractors Association, Florida Transportation Builders Association, , Florida United Business Association and Floridians for Bettefr Transportation
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