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FL S0138
Bill
AI Summary
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Increases corporate income tax exemption from $50,000 to $75,000 of net income under section 220.14, F.S.
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Increases franchise tax exemption for banks and savings associations from $50,000 to $75,000 under section 220.63, F.S.
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Applies to taxable years beginning on or after January 1, 2016.
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Effective date is January 1, 2016.
Legislative Description
Tax-exempt Income
Last Action
Died in Appropriations
5/1/2015
Committee Referrals
Appropriations2/3/2015
Finance and Tax1/21/2015
Banking and Insurance12/12/2014
Full Bill Text
No bill text available