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The Florida Senate

SB 450: Economic Development

GENERAL BILL by Soto

Economic Development; Providing tax credits for use by a corporation against the state corporate income tax in an amount equal to a specified percentage of the corporation’s payments to a small business providing goods or services to the corporation pursuant to a contract; prohibiting tax credits from being carried forward or backward or being transferred or sold; providing criminal and administrative penalties for fraudulently claiming tax credits, etc.

Effective Date: 1/1/2014
Last Action: 5/3/2013 Senate - Died in Commerce and Tourism
Bill Text: Web Page | PDF
Senate Committee References:
  1. Commerce and Tourism (CM)
  2. Appropriations Subcommittee on Finance and Tax (AFT)
  3. Appropriations (AP)



Bill History

Date Chamber Action
1/24/2013 Senate • Filed
1/28/2013 Senate • Referred to Commerce and Tourism; Appropriations Subcommittee on Finance and Tax; Appropriations -SJ 35
3/5/2013 Senate • Introduced -SJ 35
5/3/2013 Senate • Died in Commerce and Tourism