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2010 Florida Statutes
SECTION 9912
New Markets Development Program; purpose.
New Markets Development Program; purpose.
1
288.9912
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.