FL S2644

Establishes requirements for communities in the Energy Economic Zone Pilot Program to adopt ordinances designating eligible businesses and defining green building standards (LEED or equivalent) to receive state tax incentives.

Creates sales tax exemptions for building materials used in energy-efficient construction, business property, and clean technology products in designated energy economic zones, available through refunds capped at $5,000-$10,000 per project.

Establishes a jobs tax credit providing 10-20 percent of compensation paid to qualified employees hired after July 1, 2011, with annual limits of $5,000-$10,000 per employee depending on residency in the energy economic zone.

Creates a property tax credit for new, expanded, or rebuilt businesses in energy economic zones, computed on ad valorem taxes paid, with annual caps of $25,000-$50,000 and carryover provisions for up to 4 years.

Limits total tax credits, refunds, and exemptions to $300,000 per energy economic zone annually (maximum $600,000 statewide), with local governments responsible for tracking usage and Department of Revenue authorized to adopt implementing rules.