Propose property tax breaks to targeted high-tech industry
"Bob’s administration will propose an economic development package that will offer targeted high-technology industries a reduction in property tax based on the number and types of jobs they create. This incentive is targeted to the industries identified by the EDC as value-added and in which Hillsborough already has a strategic advantage. Bob has proposed that this economic development package be placed on the election ballot in the spring of 2011. Targeted industries will include: Life sciences and medical service; Financial service; Cyber security, defense, and national security; Information technology;Research and engineering."
Work to attract the federal New Markets Tax Credit
"As mayor, Bob Buckhorn will work with Tampa’s community development entities and private developers to attract and leverage the federal New Markets Tax Credit program in order to provide financing for business development in the economically underserved areas of Tampa."