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The Florida Senate

HB 1261: Small Business Tax Credit

GENERAL BILL by Stewart

Small Business Tax Credit; Provides tax credit to new small businesses in specified amount; requires new small businesses to apply to DOR for tax credit approval; provides application requirements; authorizes new small business to reapply if application is deemed insufficient; limits amount of tax credits that new small business may receive; authorizes new small business to use any remaining amount of tax credit that is greater than can be taken on single tax return on future tax returns.

Effective Date: 7/1/2014
Last Action: 5/2/2014 House - Died in Economic Development and Tourism Subcommittee
Bill Text: PDF



Bill History

Date Chamber Action
2/28/2014 House • Filed
3/4/2014 House • Introduced -HJ 103
3/11/2014 House • Referred to Economic Development and Tourism Subcommittee; Finance and Tax Subcommittee; Economic Affairs Committee -HJ 270
5/2/2014 House • Died in Economic Development and Tourism Subcommittee