Crist Looks to Boost Florida Aerospace Funding

Florida Gov. Charlie CristCrist backs $100m investment fund for aerospace

Crist backs $100m investment fund for aerospace
Orlando Sentinel

Gov. Charlie Crist told a day-long space symposium today that he’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 governor’s discretionary business-development fund, redirect sales-tax revenues collected at the Kennedy Space Center visitor’s center and tap other funding sources to provide an “investment pool” to Space Florida, the state’s public-private areospace business-development agency.

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