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FL S1172

Bill

Status

Failed

6/16/2025

Primary Sponsor

Commerce and Tourism

Click for details

Origin

Senate

2025 Regular Session

AI Summary

  • Extends Florida's existing preference in public employment appointment and retention to spouses of wartime veterans, veterans, reserve component members, and active duty servicemembers

  • Expands private employer permissive hiring preferences to include current reserve component members, Florida National Guard members, their spouses, and spouses of active duty servicemembers

  • Adds "veteran-owned or military spouse-owned business" (at least 51% owned, controlled, or managed by veterans or military spouses) to the state's vendor contracting preference framework alongside certified veteran business enterprises

  • Creates the "Florida Veterans and Military Spouse Business Development Act," providing eligible businesses a 5-year exemption from state corporate income tax and franchise tax, a one-time sales tax exemption on business equipment and supplies, and a waiver of all Department of State filing fees for businesses established or certified between July 1, 2025, and December 31, 2030

  • Establishes the Veteran and Military Spouse Entrepreneurship Program through the Department of Veterans' Affairs and Department of Commerce, offering mentorship, startup capital assistance, educational resources, and expedited certification processing, with annual reporting to the Governor and Legislature

Legislative Description

Preferences for Veterans and Military Spouses

Last Action

Died in Finance and Tax

6/16/2025

Committee Referrals

Finance and Tax3/18/2025

Full Bill Text

No bill text available