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FL H1411
Bill
Status
5/3/2019
Primary Sponsor
Kionne McGhee
Click for details
AI Summary
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Creates the Florida Working Families Tax Rebate Program within the Department of Revenue to provide state funds to individuals and households who received federal Earned Income Tax Credits.
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Eligible applicants must apply by June 30 of the year they received the federal credit and provide documentation verifying the receipt and amount of the federal credit.
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The Department of Revenue shall issue payment equal to 10 percent of the federal Earned Income Tax Credit amount within 30 days of receiving a completed application.
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Requires the Department of Revenue to submit a report by December 31, 2019, assessing the feasibility of creating an automatic rebate program using federal data and proposing solutions or legislative proposals accordingly.
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Appropriates $510 million from the General Revenue Fund for the 2019-2020 fiscal year to implement the program, effective July 1, 2019, for credits granted on or after January 1, 2019.
Legislative Description
Florida Working Families Tax Rebate Program
Last Action
Died in Ways and Means Committee
5/3/2019