Crist backs $100m investment fund for aerospace
Gov. Charlie Crist told a day-long space symposium today that heâ€™s supporting the Space Transition and Revitalization Act, a bill that would earmark as much as $25 million a year for each of the next five years to provide assistance for new or expanding aerospace businesses.
The bill, sponsored by Brevard Republican Rep. Steve Crisafulli and Sen. Thad Altman, would use money from the governorâ€™s discretionary business-development fund, redirect sales-tax revenues collected at the Kennedy Space Center visitorâ€™s center and tap other funding sources to provide an â€œinvestment poolâ€ to Space Florida, the stateâ€™s public-private areospace business-development agency.
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