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FL S0098

Bill

Official Source

Status

Failed

5/3/2013

Primary Sponsor

Joseph Abruzzo

Click for details

Origin

Senate

2013 Regular Session

AI Summary

  • Increases the cumulative tax credit limit under the New Markets Development Program from $163.8 million to $263.8 million during the existence of the program.

  • Increases the single state fiscal year tax credit limit from $33.6 million to $53.6 million.

  • Applies to qualified investments approved by the department for qualified community development entities participating in the program.

  • Effective July 1, 2013.

Legislative Description

New Markets Development Program

Last Action

Died in Appropriations Subcommittee on Finance and Tax, companion bill(s) passed, see CS/SB 406 (Ch. 2013-42)

5/3/2013

Committee Referrals

Finance and Tax Appropriations Subcommittee2/21/2013
Community Affairs2/6/2013
Commerce And Tourism1/4/2013

Full Bill Text

No bill text available