The election year challenge: reversing fee increases and financing tax breaks
• $100 million in incentives to upgrade Florida’s 14 ports in preparation for the widening of the Panama Canal in 2015. The incentives would cost $10 million per year, starting in the 2011-12 budget year.
• $67 million in sales tax breaks for certain manufacturing equipment.
• Up to $20 million annually in tax credits to movie and television productions, starting in 2011.
• About $25 million in funding to encourage new space-related businesses to retain thousands of jobs in Florida’s space industry after manned shuttle flights stop.