Loading chat...
FL S0374
Bill
AI Summary
- Creates the Internal Revenue Service Civil Liability Trust Fund within the Florida Department of Financial Services
- Funds the trust fund through legislative appropriations and interest earnings
- Dedicates the trust fund solely to reimbursing reasonable attorney fees and costs incurred by small business owners in IRS-related civil matters, as referenced in a companion bill (s. 17.45)
- Any remaining balance at the end of the fiscal year carries forward and remains available for the trust fund's purpose, overriding standard reversion requirements
- The trust fund is exempt from the automatic termination provisions under Article III of the Florida Constitution, and its effective date is contingent on passage of companion legislation in the same legislative session
Legislative Description
Internal Revenue Service Civil Liability Trust Fund
Last Action
Died in Judiciary
5/5/2023
Full Bill Text
No bill text available