FL S1598

Establishes a $5,000 one-time corporate income tax credit for businesses that hire a veteran and pay $5,000 in gross salary to that veteran.

Provides an additional $5,000 one-time corporate income tax credit for hiring a disabled veteran (with service-connected disability compensable by the U.S. Department of Veterans Affairs or receiving disability retirement benefits from the U.S. Department of Defense) after paying an additional $5,000 in gross salary.

Authorizes the Department of Revenue to adopt rules and establish guidelines for qualifying businesses to claim the tax credit.

Requires unused tax credits to be carried forward for a period not to exceed 2 years; the credit program expires June 30, 2018.

Amends the corporate income tax credit application order to include the new veteran hiring credit and modifies the definition of "adjusted federal income" to account for credits taken under the veteran employment provisions.