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FL S0842
Bill
Status
Introduced
2/7/2011
Primary Sponsor
Jack Latvala
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AI Summary
- Increases the annual amount of tax credits available for contaminated site rehabilitation from $2 million to $4 million under s. 220.1845, F.S.
- Increases the annual amount of tax credits available for drycleaning solvent-contaminated sites and brownfield site cleanup from $2 million to $4 million under s. 376.30781, F.S.
- Updates all references to the annual tax credit authorization limit from $2 million to $4 million in the application and allocation process.
- Applications for tax credits continue to be processed on a first-come, first-served basis, with incomplete applications rolled over to the following year if funds are exhausted.
- Effective date is July 1, 2011.
Legislative Description
Tax Credits/Rehabilitation of Contaminated Sites
Last Action
Indefinitely postponed and withdrawn from consideration
5/7/2011
Committee Referrals
Environmental Preservation and Conservation2/17/2011
Full Bill Text
No bill text available