FL H1347

Creates a $200 tax credit for businesses that employ first-time, nonviolent drug offenders under age 35 who work full-time for at least 6 consecutive months and have completed a Department of Children and Families-approved drug treatment program.

Defines "first-time, nonviolent drug offender" as a person convicted only of a nonviolent, nontraffic-related misdemeanor for controlled substance possession, drug paraphernalia possession, underage alcohol possession, or possession of controlled substances without a valid prescription.

Requires eligible businesses to apply to the Department of Economic Opportunity for tax credit approval, with applications subject to 10-day review and requiring certification that all information is accurate.

Allows unused tax credits to carry forward for up to 5 years and establishes that businesses bear responsibility for demonstrating eligibility requirements are met.

Authorizes the Department of Economic Opportunity and Department of Revenue to adopt rules and establishes the credit's application order in the corporate income tax and franchise tax credit sequence.

Takes effect July 1, 2014.