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FL S7058

Bill

Status

Failed

5/5/2023

Primary Sponsor

Finance and Tax

Click for details

Origin

Senate

2023 Regular Session

AI Summary

  • Updates Florida's corporate income tax code to reference the Internal Revenue Code of 1986 as of January 1, 2023, instead of January 1, 2022
  • Applies the same update to definitional rules for terms used in Florida tax law that correspond to federal income tax statutes
  • Makes the amendments retroactively effective to January 1, 2023
  • Takes effect upon becoming law

Legislative Description

Internal Revenue Code

Last Action

Died in Messages; companion bill(s) passed, see HB 7063 (Ch. 2023-157)

5/5/2023

Full Bill Text

No bill text available