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FL H1349
Bill
Status
5/2/2014
Primary Sponsor
Dwight Dudley
Click for details
AI Summary
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Allows previously denied tax credit applications filed on or after January 1, 2009 to be refiled by December 31, 2012 if the business maintains the same number of qualified employees from the original application date.
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Requires eligible businesses to file applications under oath with the Department of Economic Opportunity including the business name, address, and other required information.
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Sets the maximum annual tax credit approval amount at $5 million, with $1 million exclusively reserved for tier-one areas.
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Revokes any approved tax credits if the eligible business location loses its designation as an urban high-crime area.
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Takes effect July 1, 2014.
Legislative Description
Urban High-Crime Area Job Tax Credit Program
Last Action
Died in Economic Development and Tourism Subcommittee
5/2/2014