Florida Statutes 570.74 – Definitions relating to Agricultural Economic Development Act
Current as of: 2023 | Check for updates
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For purposes of this act, the term:
(1) “Agriculturally depressed area” means a rural area that has declining profitability from agricultural enterprises and one or more of the following characteristics:
(a) A stable or declining population.
Terms Used In Florida Statutes 570.74
- Agriculture: means the science and art of production of plants and animals useful to humans, including to a variable extent the preparation of these products for human use and their disposal by marketing or otherwise, and includes aquaculture, horticulture, floriculture, viticulture, forestry, dairy, livestock, poultry, bees, and any and all forms of farm products and farm production. See Florida Statutes 570.02
(b) A stable or declining real per capita income.
(c) A traditional economy based on agriculture or extraction of solid minerals.
(d) A low ad valorem tax base.
(e) A need for agribusiness and leadership training.
(f) Crop losses or economic depression resulting from a natural disaster or socioeconomic conditions or events that negatively impact a crop.
(2) “Assistance” means financial or nonfinancial assistance issued pursuant to this act.
(3) “Financial assistance” means the providing of funds to an agribusiness.
(4) “Nonfinancial assistance” means the providing of personnel to work with an agribusiness to establish an infrastructure, including, but not limited to, the development of an accounting system, management procedures, and a marketing plan. Nonfinancial assistance also includes the providing of equipment.