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Florida Statute 288.703 - Full Text and Legal Analysis
Florida Statute 288.703 | Lawyer Caselaw & Research
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The 2025 Florida Statutes

Title XIX
PUBLIC BUSINESS
Chapter 288
COMMERCIAL DEVELOPMENT AND CAPITAL IMPROVEMENTS
View Entire Chapter
288.703 Definitions.As used in ss. 288.702-288.706, the term:
(1) “Certified minority business enterprise” means a business which has been certified by the certifying organization or jurisdiction in accordance with s. 287.0943(1) and (2).
(2) “Financial institution” means any bank, trust company, insurance company, savings and loan association, credit union, federal lending agency, or foundation.
(3) “Minority business enterprise” means any small business concern as defined in subsection (6) which is organized to engage in commercial transactions, which is domiciled in Florida, and which is at least 51-percent-owned by minority persons who are members of an insular group that is of a particular racial, ethnic, or gender makeup or national origin, which has been subjected historically to disparate treatment due to identification in and with that group resulting in an underrepresentation of commercial enterprises under the group’s control, and whose management and daily operations are controlled by such persons. A minority business enterprise may primarily involve the practice of a profession. Ownership by a minority person does not include ownership which is the result of a transfer from a nonminority person to a minority person within a related immediate family group if the combined total net asset value of all members of such family group exceeds $1 million. For purposes of this subsection, the term “related immediate family group” means one or more children under 16 years of age and a parent of such children or the spouse of such parent residing in the same house or living unit.
(4) “Minority person” means a lawful, permanent resident of Florida who is:
(a) An African American, a person having origins in any of the black racial groups of the African Diaspora, regardless of cultural origin.
(b) A Hispanic American, a person of Spanish or Portuguese culture with origins in Spain, Portugal, Mexico, South America, Central America, or the Caribbean, regardless of race.
(c) An Asian American, a person having origins in any of the original peoples of the Far East, Southeast Asia, the Indian Subcontinent, or the Pacific Islands, including the Hawaiian Islands before 1778.
(d) A Native American, a person who has origins in any of the Indian Tribes of North America before 1835, upon presentation of proper documentation thereof as established by rule of the Department of Management Services.
(e) An American woman.
(5) “Ombudsman” means an office or individual whose responsibilities include coordinating with the Office of Supplier Diversity for the interests of and providing assistance to small and minority business enterprises in dealing with governmental agencies and in developing proposals for changes in state agency rules.
(6) “Small business” means an independently owned and operated business concern that employs 200 or fewer permanent full-time employees and that, together with its affiliates, has a net worth of not more than $5 million or any firm based in this state which has a Small Business Administration 8(a) certification. As applicable to sole proprietorships, the $5 million net worth requirement shall include both personal and business investments.
History.s. 2, ch. 85-104; s. 14, ch. 91-162; s. 275, ch. 92-279; s. 55, ch. 92-326; s. 18, ch. 93-187; s. 22, ch. 94-322; s. 59, ch. 96-320; s. 2, ch. 98-295; s. 5, ch. 2000-286; s. 3, ch. 2007-157; s. 172, ch. 2011-142.

F.S. 288.703 on Google Scholar

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Amendments to 288.703


Annotations, Discussions, Cases:

Cases Citing Statute 288.703

Total Results: 4  |  Sort by: Relevance  |  Newest First

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Cataract Surgery Ctr. v. Health Care Cost Containment Bd., 581 So. 2d 1359 (Fla. 1st DCA 1991).

Cited 8 times | Published | Florida 1st District Court of Appeal | 1991 WL 97041

...in the proceeding were small businesses. Those entities, although meeting the definition of small business with regard to the number of employees they have and their net worth, failed to prove whether they are "independently owned and operated." See Section 288.703(1), Florida Statutes (1989)....
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Stuart Yacht Club & Marina v. STATE, DNR, 625 So. 2d 1263 (Fla. 4th DCA 1993).

Cited 5 times | Published | Florida 4th District Court of Appeal | 1993 WL 390413

...cility's storage capacity. [5] Section 120.54(1)(a) provides that, prior to the adoption of any rule, an agency is required to mail notice of its intended action to, among others, those classes of persons to whom the intended action is directed. [6] Section 288.703(1) of that Act defines "small business" as "an independently owned and operated business concern that employs 50 or fewer permanent full-time employees and that has a net worth of not more than $1 million." It is undisputed that Stuart Yacht Club qualifies as a small business under this definition....
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Florida A.G.C. Council, Inc. v. Florida, 303 F. Supp. 2d 1307 (N.D. Fla. 2004).

Cited 1 times | Published | District Court, N.D. Florida | 2004 U.S. Dist. LEXIS 1695, 2004 WL 288609

...the moneys actually expended for commodities, and 50.5 percent of the moneys actually expended for contractual services during the fiscal year ... for the purpose of entering into contracts with certified minority business enterprises as defined in § 288.703(2), or approved joint ventures....
...Such briefing will be due with the Clerk of Court by no later than February 20, 2004. NOTES [1] U.S. CONST amend XIV, § 1 provides: No State shall ... deny to any person within its jurisdiction the equal protection of the laws. [2] Florida Statutes § 288.703(2) defines in relevant part a "Minority business enterprise" as: [A]ny small business concern ......
...28 (2nd Cir.2003) (unpublished opinion). As the Plaintiffs have failed to allege a "logical nexus" that would support its Title VI claim, this claim is dismissed. See Arroyo v. New York State Insurance Department, 1995 WL 611326 (S.D.N.Y. 1995) [4] Florida Statutes § 288.703(3)(a) defines a black or African Americans as "a person having origins in any racial group of the African diaspora." [5] Florida Statutes § 288.703(3)(b) defines a Hispanic American as "a person of Spanish or Portuguese culture with origins In Spain, Portugal, Mexico, South America, Central America, or the Caribbean, regardless of race." [6] Florida Statutes § 288.703(3)(e) defines an American woman as a "minority person." [7] Florida Statutes § 288.703(3)(c) defines Asian-Americans as any "person having origins In the in any of the original people of the Far East, Southeast Asia, the Indian Subcontinent, or the Pacific Islands including the Hawaiian islands prior to 1778." [8] Florida Statutes § 288.703(3)(d) defines Native Americans as any "person who has origins in any of the Indian tribes of North America prior to 1835, upon presentation of proper documentation thereof as established by rule of the Department of Management Services." [...
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Albertson's, Inc. v. Florida Dep't of Prof'l Reg., 658 So. 2d 134 (Fla. Dist. Ct. App. 1995).

Published | District Court of Appeal of Florida | 1995 Fla. App. LEXIS 7344, 1995 WL 405278

that the legislature would have referenced section 288.703(1), Florida Statutes, which defines “small

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