JAXPORT CEO commends Florida Legislature's seaport programs, investments
March 16, 2012
During the recently concluded 2012 Florida legislative session, lawmakers approved funding and programs offering unprecedented support for the state’s seaports.
Among the measure approved during this year’s session:
- Increasing the statutory minimum for the Florida Seaport Transportation and Economic Development (FSTED) program -- from $8 million to $15 million
- Creating the Strategic Port Investment Initiative with a minimum statutory amount of $35 million
- Creating an expedited hearing process for environmental resource permits on dredged materials
- Appropriating $135 million in various line items of the Appropriations Bill for identified projects in the FDOT Work Program and the FSTED Program.
- Authorizing a new bondable revenue stream of $10 million, beginning July 1, 2013, for seaport projects in the FDOT “adopted work program.”
“It is gratifying to see the state’s lawmakers turn understanding into action,” said JAXPORT CEO Paul Anderson. “It’s evident from the historic levels of funding this year and last that Florida’s leaders are crystal clear on the critical role our seaports play in boosting the state’s economy. With these funds we can continue the work of preserving the jobs we currently generate and then turn our focus to where it should be - growing JAXPORT and all of the state’s ports for the future.”