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Health News Florida

Sanford Burnham To Give $12.3 Million Back To Florida

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OpenSecrets.org
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Sanford Burnham will return millions of dollars to the state after failing to meet requirements laid out in an incentive deal.

The governor’s office says Florida will get $12.3 million dollars.

The Florida Department of Economic Opportunity wrote the non-profit scientific research group in 2016 demanding more than $77 million be returned. But Sanford Burnham argued it only had to pay back money it hadn’t spent.

Former Gov. Jeb Bush put the $360 million incentive package together to lure Sanford Burnham to Orlando.

Officials are deciding if the University of Central Florida or other groups should take over the space left behind.