TALLAHASSEE, Fla. (April 16, 2015) – The Florida Ports Council released the following statement today on the passage of the FDOT Transportation Package by the full Florida House of Representatives (CS/HB 7039), which included an increase in the minimum statutory amount for seaport funding from $15 million to $25 million under the Florida Seaport Transportation and Economic Development (FSTED) program. The FSTED program is administered by the Florida Ports Council. Read our one-pager here.
“By increasing minimum funding levels and supporting the future funding of strategic seaport projects, the Florida House has further demonstrated their commitment to growing Florida’s economy and creating jobs,” stated Doug Wheeler, president and CEO of the Florida Ports Council. “International trade has been identified as the best opportunity for Florida to enhance its economy, and Florida’s ports are the gateway to trade partners all over the globe. We thank the Florida House of Representatives and Chairman Rooney for their support and leadership focused on further positioning Florida as a global competitor.”