| 1 | Representative Precourt offered the following: |
| 2 |
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| 3 | Amendment to Amendment (301821) |
| 4 | Remove lines 16-24 and insert: |
| 5 | not exceed $10 million. No credit may be approved after October |
| 6 | 1, 2017. |
| 7 | 2. A certified spaceflight business may transfer, in whole |
| 8 | or in part, its Florida net operating loss that would otherwise |
| 9 | be available to be taken on a return filed under this chapter. |
| 10 | The maximum transferable tax credit amount that may be approved |
| 11 | per taxpayer for a taxable year is $2.5 million; the total tax |
| 12 | credits that may be approved pursuant to this subparagraph may |
| 13 | not exceed $25 million. No credit may be approved after October |