Loading chat...
FL S0134
Bill
AI Summary
- Increases the corporate income tax exemption from $50,000 to $75,000 of net income under section 220.14, Florida Statutes
- Increases the franchise tax exemption for banks and savings associations from $50,000 to $75,000 under section 220.63, Florida Statutes
- Applies to tax years beginning on or after January 1, 2015
- Takes effect January 1, 2015
Legislative Description
Tax-exempt Income
Last Action
Died in Appropriations
5/2/2014
Committee Referrals
Appropriations4/4/2014
Finance and Tax Appropriations Subcommittee2/18/2014
Banking and Insurance9/11/2013
Full Bill Text
No bill text available