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FL S1158
Bill
AI Summary
- Creates the Working Floridians Tax Rebate Program within the Florida Department of Revenue to provide low- and moderate-income residents relief on sales taxes, fuel taxes, property taxes, and other state taxes and fees
- Eligible applicants must have received the federal Earned Income Tax Credit, maintain a Florida residence, apply by June 30 of the year the federal credit was received, and provide documentation verifying the credit amount
- Rebate payments may not exceed 20% of the federal Earned Income Tax Credit received, issued within 30 days of a verified application on a first-come, first-served basis until appropriated funds are exhausted
- Revenue generated from corporate income taxes under Chapter 220 would be allocated to fund the program beginning in the 2025-2026 fiscal year, with the program applying to federal credits granted on or after January 1, 2026
- Requires the department to submit a report by December 31, 2027, on the feasibility of automating the rebate process using IRS data, and prohibits rebate receipt from affecting eligibility for Medicaid, Florida Kidcare, cash assistance, or SNAP
Legislative Description
Working Floridians Tax Rebate Program
Last Action
Died in Commerce and Tourism
6/16/2025
Full Bill Text
No bill text available