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Thursday's Daily Pulse
What you need to know about Florida today
Florida House resumes push to change employee pensions
The House Government Accountability Committee voted 14-8 Wednesday for a measure that would place newly hired public employees in an investment 401(k) styled-plan if they fail to make a choice within six months of starting their jobs. See the original bill here. Read analysis of the bill and see more at the AP.
Florida Trend Exclusive
Florida's super-rich
Our list of Florida’s wealthiest permanent residents shows more billionaires are choosing to live here full time. Besides naming names for the top 25 richest Floridians, this article gives the annual net worth of each, and tells their business specialty. Access full story.
From left, Micky Arison, Thomas Peterffy, David Tepper, Jorge Pérez, Kenneth Feld, Tom Golisano, Shahid Khan.
Related:
» Birds of a feather, the gilded rich are flocking to Florida and its lack of state income tax
Joint ventures: Money fuels medical marijuana debate
For businesses, lobbyists and regulators, medical marijuana is just another money-making opportunity. The regulatory process will determine who gets entry into a potentially lucrative industry. [Source: Clay Today]
"Hotels versus rentals" battle continues in Florida
The debate over whether vacation rentals are homes or businesses is heating up in one of the world's top tourist destinations. A Florida House subcommittee on Tuesday passed a bill that prevents cities and counties from passing any new ordinances that restrict vacation rentals of private homes. More from Travel Pulse and the Miami Herald.
Florida lottery tickets could soon come with warning label
Florida lottery tickets could soon carry a big warning label if a Republican legislator gets her way. A House panel on Tuesday voted for a bill that would require all lottery tickets to say “Warning: Gambling can be addictive.” See the original filed version of HB 937, here. Also read more at the AP.
› Florida may reinstate resign-to-run law for politicians
Florida could reinstate a law that forces politicians to resign from their elected positions if they wind up running for federal office. A House panel on Wednesday voted for a sweeping election bill that would return the law to way it was before 2007
› Sarasota County commits at least $8.6 million to extend Legacy Trail
Sarasota County leaders are digging through the couch cushions to find every penny available to fund the Legacy Trail's northern extension and several major facilities projects in the next two years.
› Prosecutor: Cuts over Florida death penalty will hurt safety
The top prosecutor for the Orlando area says a proposal by Florida lawmakers to cut her office's budget because she isn't seeking the death penalty anymore may compromise public safety in the nation's most visited city.
› Citizens Property Insurance blames water claims for first loss in over a decade
Legal costs and soaring claims for water-related damage — not hurricanes — have caused state-run Citizens Property Insurance Corp. to post a net loss for 2016, its first loss in more than a decade. Also read more at the Tampa Bay Times.
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