FL S1608

Creates a corporate income tax credit for businesses that hire student interns, with a maximum credit of $3,600 per student.

Requires businesses to have been operating for at least 3 years and limits hiring to interns with at least 30 semester hours of college credit who maintain a 2.0 grade point average.

Sets the tax credit at 50 percent of wages paid to the intern during employment of up to 180 days, with a limit of two student interns per business per tax year.

Allows businesses to carry forward unused tax credits for up to 2 years and authorizes the Department of Revenue to adopt implementing rules.

Effective July 1, 2014.