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2009 Florida Statutes
SECTION 9912
New Markets Development Program; purpose.
New Markets Development Program; purpose.
1288.9912 New Markets Development Program; purpose.--The New Markets Development Program is established to encourage capital investment in rural and urban low-income communities by allowing taxpayers to earn credits against specified taxes by investing in qualified community development entities that make qualified low-income community investments in qualified active low-income community businesses to create and retain jobs.
History.--ss. 5, 15, ch. 2009-50.
1Note.--Expires December 31, 2022, pursuant to s. 15, ch. 2009-50.