Florida Trend | Florida's Business Authority

Monday's Daily Pulse

Federal aid for Florida’s unemployed has run out. What’s next?

Despite months of pandemic-induced chaos, Florida hasn’t fallen off the economic cliff. There are policy reasons for that, experts say: Gov. Ron DeSantis has largely erred on the side of keeping businesses open. Since April, the state has had an eviction and foreclosure moratorium on the books. And the federal government has given Floridians billions in unemployment benefits since the start of the pandemic. But starting this week, that last, crucial factor — federal unemployment assistance — will be missing from Florida wallets. More from the Tampa Bay Times and the Miami Herald.

Incoming House speaker warns of ‘deep budget cuts’ coming to Florida government programs

Florida’s incoming House speaker warned members of the South Florida Business Council last week that in order to weather the “massive financial hit” the state sustained from the pandemic, there will need to be “significant cuts to the budget.” Rep. Chris Sprowls, a Palm Harbor Republican who is in line to become the speaker of the Florida House of Representatives for two years in November, hinted that the budget austerity needed to recover from the coronavirus-induced recession would take “three to four years to get back to where we are." [Source: Miami Herald]

Big issues and big money set tone for constitutional amendment campaigns

While the race for the White House dominates Florida politics, a half-dozen proposed constitutional amendments set for the same November ballot could have a dramatic effect on state elections and household incomes. These down-ballot items won’t grab voters’ attention like the clash between President Donald Trump and Democrat Joe Biden. But some of these campaigns are driven by just as much dark money intrigue, out-sized personalities and culture conflicts as the presidential contest. [Source: Lakeland Ledger]

Six months of pandemic have profoundly changed Florida’s restaurants

The news was delivered shortly after 2 p.m. on a sunny Friday afternoon: Within hours, Florida restaurants would have to close their doors to dine-in business. They would most likely have to lay off the majority of their staff. And there was no word when they would be able to reopen. It has been six months and restaurants are still reeling from the six-week, state-mandated shutdown, a summer surge of COVID-19 outbreaks that caused temporary closures and capacity limits that have crippled an industry reliant on notoriously thin profit margins. [Source: Tampa Bay Times]

National cable networks join effort to aid Florida felons voting effort

An effort to pay court-ordered costs for felons who have served their time behind bars is getting a $250,000 boost from MTV, VH1 and Comedy Central, the cable networks announced on Friday. The money will go to a “Fees and Fines” fund created by the Florida Rights Restoration Coalition in response to a controversial state law requiring felons to pay court-ordered “legal financial obligations” to be eligible to vote. [Source: News Service of Florida]

ALSO AROUND FLORIDA:

› Everglades restoration to ‘get the water right’ estimated at $7.4 billion through 2030
Everglades restoration projects will require about $7.4 billion over the next 10 years, compared with $6 billion spent through 2019, the U.S. Army Corps of Engineers said Thursday while presenting a draft of its work schedule. The estimated cost for 2020-30 is what has been authorized for construction, and doesn’t include other projects that are currently waiting for authorization, said Eva Velez, a Corps project manager.

› Miami-born Barbara Lagoa reportedly seeing stock rise as possible Supreme Court nominee
A trio of appeals court judges have emerged as front-runners as President Donald Trump prepares to nominate his third justice to the Supreme Court: Amy Coney Barrett, Barbara Lagoa and Amul Thapar, according to people familiar with the process.

› Florida’s nursing home visitation rules leave families confused
On Sept. 1, Gov. Ron DeSantis allowed long-term care facilities to reopen to controlled visitation after a months-long closure to limit the spread of the coronavirus. The state created two categories of visitors — general and caregivers. The former must stay 6 feet from residents and visit alongside others in a community room. The latter can have private visits and touch their loved ones, but their status must be approved by facilities.

› Punta Gorda company aims to launch new toy in time for holidays
The countdown is on: Punta Gorda-based Pressure Games is working hard to get a new toy to market. The company was launched in October 2018, and the idea for its toy dubbed “Countdown” came a couple of months prior.

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› Human resources group expands to Florida with new area office
Nevada-based human resources consultancy practice Consult HR Partners has expanded to Florida with a new office in Sarasota. The company plans to work with companies across Florida, especially in the Sarasota, Tampa and Orlando areas, according to a press release. CEO Jennifer Martinez's team has worked across public, private and nonprofit sectors, including in health care, municipalities, entertainment, technology, gaming and hospitality.

› Greater Jacksonville Agricultural Fair canceled
There will be no Greater Jacksonville Agricultural Fair this year because of the COVID-19 pandemic, the fair announced Sept. 18. The annual event Downtown was planned Nov. 5-15. “The impact of the fair’s cancellation will be felt far beyond the loss of our annual celebration,” Bill Olson, president and CEO of the Greater Jacksonville Agricultural Fair, said in a news release.

› Walt Disney World Swan and Dolphin Resort is laying off 1,100 employees
With the professional athletes gone, Walt Disney World Swan and Dolphin Resort is laying off about 1,100 employees because of low occupancy and canceled events in another hit to the tourism industry because of the coronavirus pandemic. The layoffs are coming after Major League Soccer players and staff stayed there this summer.

› Miami-based wireless group Brightstar sold by SoftBank to New York firm
Multinational tech conglomerate SoftBank is selling Miami-based wireless group Brightstar to a private equity firm. The firm, Brightstar Capital Partners, founded by former Brightstar executive Andrew Weinberg and based in New York, announced the transaction in a joint release Friday.