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Sunshine Sentinel

Thursday, November 21, 2024

Florida local governments give Amazon $43 million in tax breaks

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Gorodenkoff/Adobe Stock Photo

Gorodenkoff/Adobe Stock Photo

Amazon received $43 million in subsidies, tax breaks, and grants from Florida communities for 13 projects.

Advocacy group Good Jobs First, which opposes such subsidies, found Florida provided the 21st-highest amount of grants and breaks among U.S. states to the nearly $1-trillion company.

Florida is ranked behind New Jersey (3 projects/$45 million) and ahead of Connecticut (3 projects/$38 million), North Carolina (5 projects/$31 million), and Pennsylvania (4 projects/$30 million).

The most expensive subsidy provided in Florida was by the Jacksonville government, which offered $19 million to Amazon in city and state subsidies. There is a $300,000 discrepancy between city and state documents about the amount provided.

The second largest subsidy was worth $7 million in tax refunds and an infrastructure grant from Opa-Locka.

There were no developments which received undisclosed subsidy amounts.

Florida has eliminated many subsidy programs after negative criticism from advocates and audits, yet still grants massive Disney tax breaks, including a $570 million tax break in 2021. 

There are also some major problems concerning transparency, such as deals made by economic development agencies considered confidential for two years. 

Amazon has pulled out of several projects in Florida in 2022.

In June, Amazon shuttered a planned 250,000 square ft. warehouse in Coral Springs which would have reportedly provided 200 full-time jobs. The retail giant also decided not to lease space in an area facility or go ahead with plans to build two other facilities. 

"The consumer is not consuming as much," a broker to the local government. "Therefore, they don't have as much (need) to open these other locations."

A planned warehouse in Ft. Myers that was to be built by Amazon on 331 acres of land, where up to 2,000 people would be employed, is also not going ahead. A legal battle was reportedly planned by a neighboring apartment complex. 

Three facilities in Cocoa, Miramar, and Riviera Beach, to be built in Florida are currently on hold, according to the International Business Times

As of Nov. 17, 2022, Amazon had received 310 separate tax break deals from local and state governments across the U.S., totaling $5.14 billion. The state of Virginia was home to the largest portion of these taxpayer-subsidized Amazon projects. 

Amazon Tax Breaks Across the U.S.
State# ProjectsTotal Subsidy
Virginia20$824,291,799
Illinois16$732,973,199
New York22$671,446,986
Washington10$608,644,670
Oregon32$483,459,645
Texas13$305,959,751
Ohio14$172,418,555
Tennessee20$166,030,438
Kentucky21$111,789,976
Missouri2$110,600,000
Massachusetts5$86,979,275
California12$84,541,000
Michigan5$82,352,146
Maryland3$68,425,000
South Carolina5$64,297,962
Indiana15$60,389,500
Alabama2$56,500,000
Wisconsin6$54,135,500
Louisiana7$48,967,587
New Jersey3$45,422,240
Florida13$43,239,475
Connecticut3$37,700,000
North Carolina5$31,186,975
Pennsylvania4$29,557,871
Georgia5$27,115,929
Mississippi3$23,925,795
Iowa2$22,400,000
Kansas2$21,802,522
Colorado9$15,779,091
Oklahoma5$11,207,651
Utah3$9,780,226
Delaware2$7,972,500
Minnesota1$5,700,000
New Mexico1$5,244,071
Arizona2$5,139,671
Nevada5$3,251,324
Rhode Island1$2,700,000
Maine11$578,828

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