1 | A bill to be entitled |
2 | An act relating to green job creation; creating s. |
3 | 220.194, F.S.; providing definitions; providing |
4 | definitional criteria that qualify a job for a green job |
5 | corporate tax credit; providing tax credits against the |
6 | corporate income tax for the creation of qualifying green |
7 | jobs; specifying the amount of the tax credit for each |
8 | green job created and the maximum number of jobs for which |
9 | a taxpayer may claim a credit; limiting the availability |
10 | of green job tax credits to a specified period of tax |
11 | years; providing for carryover of the tax credit; |
12 | restricting a taxpayer from taking more than one tax |
13 | credit for the same job under certain circumstances; |
14 | disqualifying jobs transferred from one location to |
15 | another from tax credit eligibility; requiring the Agency |
16 | for Workforce Innovation to establish a Green Collar Job |
17 | Council; providing membership of the council; providing |
18 | duties and responsibilities of the council; providing a |
19 | definition; providing for annual reports of the council; |
20 | providing an effective date. |
21 |
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22 | Be It Enacted by the Legislature of the State of Florida: |
23 |
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24 | Section 1. Section 220.194, Florida Statutes, is created |
25 | to read: |
26 | 220.194 Green job creation tax credit.- |
27 | (1) Notwithstanding s. 220.03(1)(ff), for purposes of this |
28 | section, the term: |
29 | (a) "Green job" means employment in an industry relating |
30 | to the field of renewable, alternative energies, including the |
31 | manufacturing and operation of products used to generate |
32 | electricity and other forms of energy from alternative sources, |
33 | including hydrogen and fuel cell technology, landfill gas, |
34 | geothermal heating systems, solar heating systems, hydropower |
35 | systems, wind systems, and biomass and biofuel systems. |
36 | (b) "Job" means the employment of an individual whose |
37 | primary work activity is related directly to the field of |
38 | renewable, alternative energies, requiring a minimum of either: |
39 | 1. Thirty-five hours of an employee's time per week for |
40 | the entire normal year of such taxpayer's operations, which |
41 | normal year must consist of at least 48 weeks; or |
42 | 2. One thousand six hundred and eighty hours per year. |
43 | (2) For each taxable year commencing on or after January |
44 | 1, 2012, and ending on or before January 1, 2017, a taxpayer is |
45 | allowed a credit against the tax imposed under this chapter for |
46 | each new green job created within the state by the taxpayer. The |
47 | annual credit is $500 for the creation of each new green job |
48 | with an annual salary of at least $50,000. Credits may be taken |
49 | for the creation of up to a maximum of 350 green jobs in a |
50 | single taxable year. The credit is available in the first |
51 | taxable year after the job has been filled for at least one year |
52 | and remains available for each succeeding taxable year that ends |
53 | on or before January 1, 2017, provided the job is continuously |
54 | filled during the respective taxable year. To qualify for the |
55 | tax credit provided in this subsection, a taxpayer must |
56 | demonstrate that the green job was created by the taxpayer and |
57 | that the job was continuously filled in this state during the |
58 | respective taxable year. |
59 | (3) The total amount of credit taken in a taxable year |
60 | under this section may not exceed the total amount of taxes |
61 | imposed by this chapter for the taxable year in which the green |
62 | job was continuously filled. If the amount of credit allowed |
63 | exceeds the taxpayer's tax liability under this chapter for the |
64 | taxable year, the amount that exceeds the tax liability may be |
65 | carried over for credit against the income taxes of the taxpayer |
66 | in each successive taxable year ending on or before January 1, |
67 | 2017, or until the total amount of the tax credit has been |
68 | taken, whichever occurs sooner. |
69 | (4) If the taxpayer qualifies for a tax credit under this |
70 | section for the creation of a green job in an enterprise zone |
71 | and also qualifies for a credit for the creation of a new job in |
72 | an enterprise zone under s. 220.181, the taxpayer may not claim |
73 | a credit for creation of the same job under both sections. |
74 | (5) A job created as the result of a job function being |
75 | transferred from one location in this state to another location |
76 | does not qualify for a tax credit under this section. |
77 | Section 2. Green Collar Jobs Council.- |
78 | (1) The Agency for Workforce Innovation shall establish a |
79 | council known as the Green Collar Jobs Council, comprised of |
80 | appropriate representatives from the existing membership of the |
81 | board of directors and the councils and committees of Workforce |
82 | Florida, Inc. The membership of the council includes, but is not |
83 | limited to, individuals who represent the following interests: |
84 | (a) K-12 education. |
85 | (b) Postsecondary education. |
86 | (c) Business. |
87 | (d) Transportation. |
88 | (e) Housing. |
89 | (f) Employment development. |
90 | (2) The council may consult with other state agencies, |
91 | higher education representatives, local workforce investment |
92 | boards, and industry representatives as well as philanthropic, |
93 | nongovernmental, and environmental groups, as appropriate, in |
94 | the development of a strategic initiative. As part of the |
95 | strategic initiative, the council shall focus on developing the |
96 | framework, funding, strategies, programs, policies, |
97 | partnerships, and opportunities necessary to address the growing |
98 | need for a highly skilled and well-trained workforce to meet the |
99 | needs of the state's emerging green economy. |
100 | (3) As part of developing a strategic initiative and |
101 | fulfilling its mission, the council shall: |
102 | (a) Assist in identifying and linking green collar job |
103 | opportunities with workforce development training opportunities |
104 | in local workforce investment areas and encourage regional |
105 | collaboration among local workforce investment areas to meet |
106 | regional economic demands. |
107 | (b) Develop public, private, philanthropic, and |
108 | nongovernmental partnerships to build and expand the state's |
109 | workforce development programs, network, and infrastructure. |
110 | (c) Provide policy guidance to the clean and green |
111 | technology sectors for the creation of job training programs |
112 | that help prepare specific populations, such as at-risk youth, |
113 | displaced workers, veterans, formerly incarcerated individuals, |
114 | and others facing barriers to employment. |
115 | (d) Develop, collect, analyze, and distribute statewide |
116 | and regional labor market data on the state's new and emerging |
117 | green industries, including data on workforce needs, trends, and |
118 | job growth. |
119 | (e) Identify funding resources and recommend how to expand |
120 | and leverage those funding resources. |
121 | (e) Foster regional collaboration in the green economic |
122 | sector. |
123 | (4) As used in this section, the term "green" means |
124 | relating to the field of renewable, alternative energies, |
125 | including the manufacturing and operation of products used to |
126 | generate electricity and other forms of energy from alternative |
127 | sources, including hydrogen and fuel cell technology, landfill |
128 | gas, geothermal heating systems, solar heating systems, |
129 | hydropower systems, wind systems, and biomass and biofuel |
130 | systems. |
131 | (5) On or before June 30, 2012, and annually thereafter on |
132 | or before June 30, the Agency for Workforce Innovation shall |
133 | report to the Legislature on the status of the council's |
134 | activities and its development of a green workforce strategic |
135 | initiative. |
136 | Section 3. This act shall take effect July 1, 2011. |