Loading chat...

FL S1958

Bill

Status

Introduced

3/5/2011

Primary Sponsor

Christopher Smith

Click for details

Origin

Senate

2011 Regular Session

AI Summary

  • Creates a $500 annual corporate income tax credit for each new green job created in renewable energy industries, available for tax years 2012-2017, with a maximum of 350 jobs per taxpayer per year.

  • Defines "green job" as employment in renewable and alternative energy fields including solar, wind, geothermal, biomass, hydrogen fuel cells, and hydropower, requiring minimum 35 hours per week for 48 weeks annually or 1,680 hours per year.

  • Allows tax credits only after a job has been filled for at least one year with a minimum annual salary of $50,000, with unused credits carrying forward through 2017.

  • Prohibits taxpayers from claiming the green job credit and the enterprise zone new job credit for the same position and disqualifies jobs transferred from one state location to another.

  • Establishes a Green Collar Jobs Council within the Agency for Workforce Innovation comprised of representatives from education, business, transportation, housing, and employment sectors to develop workforce training strategies for green economy industries.

Legislative Description

Green Job Creation

Last Action

Indefinitely postponed and withdrawn from consideration

5/7/2011

Committee Referrals

Commerce And Tourism3/16/2011

Full Bill Text

No bill text available