The Florida Senate

SB 236: Economic Development

GENERAL BILL by Ring

Economic Development; Creating the Commercialization Credit Transfer Program; providing legislative findings that it is in the state’s interest to promote the commercialization of products and services developed by technology companies; authorizing the Department of Revenue to share certain confidential information with the Department of Economic Opportunity; redefining the term “adjusted federal income” in relation to net operating losses transferred and payments received for a certified credit pursuant to the Commercialization Credit Transfer Program; providing for the allocation of financial assistance pursuant to the Commercialization Credit Transfer Program as income in this state; creating the Commercialization Credit Transfer Program; requiring the Department of Economic Opportunity to certify eligible companies for the transfer of corporate income tax net operating loss amounts as certified credits, etc. APPROPRIATION: Indeterminate

Expand All Collapse All

• Bill History

  Date	Chamber	Action
  9/14/2011	Senate	• Filed
  9/21/2011	Senate	• Referred to Commerce and Tourism; Banking and Insurance; Budget -SJ 25
  1/10/2012	Senate	• Introduced -SJ 25
  3/9/2012	Senate	• Died in Commerce and Tourism

  Top of SectionTop of Page

• SB 236, Original Filed Version (Current Bill Version) Posted 9/14/2011 at 8:36 AM

  Bill Text:	Web Page | PDF

  Analyses:	None

  Citations - Statutes (5)

  Citation	Catchline	Location in Bill Location In Bill Help
  213.053	Confidentiality and information sharing.	Page 2 (pdf)
  220.02	Legislative intent.	Page 3 (pdf)
  220.13	“Adjusted federal income” defined.	Page 3 (pdf)
  220.16	Allocation of nonbusiness income.	Page 6 (pdf)
  220.198		Page 6 (pdf)

  Top of SectionTop of Page