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FL S0076
Bill
Status
Failed
3/11/2016
Primary Sponsor
Banking and Insurance
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AI Summary
- Increases the corporate income tax exemption from $50,000 to $75,000 of net income
- Increases the franchise tax exemption for banks and savings associations from $50,000 to $75,000
- Applies to taxable years beginning on or after January 1, 2017
- Takes effect January 1, 2017
Legislative Description
Tax-exempt Income
Last Action
Died in Appropriations
3/11/2016
Committee Referrals
Appropriations10/21/2015
Finance and Tax10/7/2015
Banking and Insurance8/19/2015
Full Bill Text
No bill text available