Florida Statute 288.703 | Lawyer Caselaw & Research

The 2024 Florida Statutes

Title XIX
PUBLIC BUSINESS

Chapter 288
COMMERCIAL DEVELOPMENT AND CAPITAL IMPROVEMENTS

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F.S. 288.703

288.703 Definitions.—As used in ss. 288.702-288.706, the term:

(1) “Certified minority business enterprise” means a business which has been certified by the certifying organization or jurisdiction in accordance with s. 287.0943(1) and (2).

(2) “Financial institution” means any bank, trust company, insurance company, savings and loan association, credit union, federal lending agency, or foundation.

(3) “Minority business enterprise” means any small business concern as defined in subsection (6) which is organized to engage in commercial transactions, which is domiciled in Florida, and which is at least 51-percent-owned by minority persons who are members of an insular group that is of a particular racial, ethnic, or gender makeup or national origin, which has been subjected historically to disparate treatment due to identification in and with that group resulting in an underrepresentation of commercial enterprises under the group’s control, and whose management and daily operations are controlled by such persons. A minority business enterprise may primarily involve the practice of a profession. Ownership by a minority person does not include ownership which is the result of a transfer from a nonminority person to a minority person within a related immediate family group if the combined total net asset value of all members of such family group exceeds $1 million. For purposes of this subsection, the term “related immediate family group” means one or more children under 16 years of age and a parent of such children or the spouse of such parent residing in the same house or living unit.

(4) “Minority person” means a lawful, permanent resident of Florida who is:

(a) An African American, a person having origins in any of the black racial groups of the African Diaspora, regardless of cultural origin.

(b) A Hispanic American, a person of Spanish or Portuguese culture with origins in Spain, Portugal, Mexico, South America, Central America, or the Caribbean, regardless of race.

(c) An Asian American, a person having origins in any of the original peoples of the Far East, Southeast Asia, the Indian Subcontinent, or the Pacific Islands, including the Hawaiian Islands before 1778.

(d) A Native American, a person who has origins in any of the Indian Tribes of North America before 1835, upon presentation of proper documentation thereof as established by rule of the Department of Management Services.

(e) An American woman.

(5) “Ombudsman” means an office or individual whose responsibilities include coordinating with the Office of Supplier Diversity for the interests of and providing assistance to small and minority business enterprises in dealing with governmental agencies and in developing proposals for changes in state agency rules.

(6) “Small business” means an independently owned and operated business concern that employs 200 or fewer permanent full-time employees and that, together with its affiliates, has a net worth of not more than $5 million or any firm based in this state which has a Small Business Administration 8(a) certification. As applicable to sole proprietorships, the $5 million net worth requirement shall include both personal and business investments.

History.—s. 2, ch. 85-104; s. 14, ch. 91-162; s. 275, ch. 92-279; s. 55, ch. 92-326; s. 18, ch. 93-187; s. 22, ch. 94-322; s. 59, ch. 96-320; s. 2, ch. 98-295; s. 5, ch. 2000-286; s. 3, ch. 2007-157; s. 172, ch. 2011-142.

F.S. 288.703 on Google Scholar

F.S. 288.703 on Casetext

Amendments to 288.703

Arrestable Offenses / Crimes under Fla. Stat. 288.703

Level: Degree
Misdemeanor/Felony: First/Second/Third

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 288.703.

Annotations, Discussions, Cases:

Cases Citing Statute 288.703

Total Results: 6

Florida Public Serv. v. Florida Waterworks

Court: Fla. Dist. Ct. App. | Date Filed: 1999-05-10T00:53:00-07:00

Citation: 731 So. 2d 836

Snippet: the impact on small businesses as defined by s. 288.703, and an analysis of the impact on small counties

Albertson's, Inc. v. Florida Department of Professional Regulation

Court: Fla. Dist. Ct. App. | Date Filed: 1995-07-11T00:00:00-07:00

Citation: 658 So. 2d 134, 1995 Fla. App. LEXIS 7344, 1995 WL 405278

Snippet: the legislature would have referenced section 288.703(1), Florida Statutes, which defines “small business

Jones v. Chiles

Court: Fla. | Date Filed: 1994-06-09T00:53:00-07:00

Citation: 638 So. 2d 48

Snippet: a member of a minority group as defined in s. 288.703(3), one of each who resides in each of the territorial… a member of a minority group as defined in s. 288.703(3), one of each who resides in each of the territorial… a member of a minority group as defined in s. 288.703(3), one of each who resides in the territorial

Stuart Yacht Club & Marina v. STATE, DNR

Court: Fla. Dist. Ct. App. | Date Filed: 1993-10-06T00:53:00-07:00

Citation: 625 So. 2d 1263

Snippet: the intended action is directed. [6] Section 288.703(1) of that Act defines "small business"

Cataract Surgery Center v. Health Care Cost Containment Bd.

Court: Fla. Dist. Ct. App. | Date Filed: 1991-06-06T00:53:00-07:00

Citation: 581 So. 2d 1359

Snippet: independently owned and operated." See Section 288.703(1), Florida Statutes (1989). The weight of the

Ago

Court: Fla. Att'y Gen. | Date Filed: 1986-06-19T00:53:00-07:00

Snippet: Ch. 85-104, Laws of Florida, is codified at s. 288.703(2), F.S., and provides that a minority business…means a small business concern as defined by s. 288.703(1), F.S., which is organized to engage in commercial…involve the practice of a profession." Cf., s.288.703(3), F.S., defining "minority person" …;minority-owned firm or company"), and s. 288.703(4), F.S., defining "certified minority business