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FL S0148
Bill
AI Summary
- Establishes a $1,000 tax credit for corporations that hire homeless persons residing in transitional housing facilities, available for taxable years beginning January 1, 2011
- Requires continuously employed homeless workers to work at least 80 hours per 30-day period and remain employed for at least 6 months to qualify for the credit
- Limits total annual tax credits to $2 million per calendar year, with pro rata allocation if applications exceed this cap
- Allows unused credits to carry forward up to 5 years and establishes February 1 annual filing deadline with the Department of Revenue
- Imposes a third-degree felony penalty plus 200 percent penalty and interest for fraudulently claiming the credit; expires December 31, 2015
Legislative Description
Employment for the Homeless [WPSC]
Last Action
Died in Committee on Commerce
4/30/2010
Committee Referrals
Commerce12/9/2009
Full Bill Text
No bill text available