Florida Senate - 2011                          SENATOR AMENDMENT
       Bill No. CS for CS for SB 1318
       
       
       
       
       
       
                                Barcode 374960                          
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
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                Floor: 1/AD/2R         .                                
             05/04/2011 05:02 PM       .                                
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       Senator Benacquisto moved the following:
       
    1         Senate Amendment (with title amendment)
    2  
    3         Before line 13
    4  insert:
    5         Section 1. Paragraph (d) is added to subsection (2) of
    6  section 220.191, Florida Statutes, to read:
    7         220.191 Capital investment tax credit.—
    8         (2)
    9         (d) If the credit granted under subparagraph (a)1. is not
   10  fully used in any one year because of insufficient tax liability
   11  on the part of the qualifying business, the unused amounts may
   12  be used in any one year or years beginning with the 21st year
   13  after the commencement of operations of the project and ending
   14  the 30th year after the commencement of operations of the
   15  project.
   16  
   17  ================= T I T L E  A M E N D M E N T ================
   18         And the title is amended as follows:
   19         Delete line 3
   20  and insert:
   21         qualified target industry businesses; amending s.
   22         220.191, F.S.; providing that a capital investment tax
   23         credit may be carried forward for use against the
   24         corporate income tax in specified years after the
   25         commencement of operations of a project; amending s.