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The Florida Senate

SB 128: New Small Business Tax Credit

GENERAL BILL by Soto

New Small Business Tax Credit; Providing a tax credit to new small businesses in a specified amount for qualified employees; limiting the total amount of tax credit that may be taken as a deduction; prohibiting receipt of the tax credit through a refund of taxes previously paid; requiring a business to apply to the Department of Revenue for tax credit approval; authorizing an unused amount of tax credit to be carried forward for a specified period under certain circumstances, etc.

Effective Date: 7/1/2015
Last Action: 5/1/2015 Senate - Died in Commerce and Tourism
Bill Text: Web Page | PDF
Senate Committee References:
  1. Commerce and Tourism (CM)
  2. Finance and Tax (FT)
  3. Appropriations Subcommittee on Transportation, Tourism, and Economic Development (ATD)
  4. Appropriations (AP)



Bill History

Date Chamber Action
11/18/2014 Senate • Filed
12/12/2014 Senate • Referred to Commerce and Tourism; Finance and Tax; Appropriations Subcommittee on Transportation, Tourism, and Economic Development; Appropriations -SJ 41
3/3/2015 Senate • Introduced -SJ 41
5/1/2015 Senate • Died in Commerce and Tourism