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HB 529: Defense Contracting

GENERAL BILL by Smith ; (CO-INTRODUCERS) Mayfield ; Van Zant

Defense Contracting; Establishes Defense Works in Florida Incentive; authorizes Florida prime contractor to apply to DEO to certify that it may reduce its computation of adjusted federal income by specified amount; provides caps for aggregate amount of qualified subcontract awards that may be certified per calendar year; revises definition of term "adjusted federal income" to provide for reduction in taxable income equal to specified amount of qualified subcontract awards certified by DEO.

Effective Date: 7/1/2015
Last Action: 4/28/2015 House - Died in Finance and Tax Committee
Bill Text: PDF

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  • Bill History

    Date Chamber Action
    1/28/2015 House • Filed
    2/5/2015 House • Referred to Economic Development and Tourism Subcommittee; Finance and Tax Committee; Economic Affairs Committee -HJ 44
    3/3/2015 House • Introduced -HJ 44
    3/6/2015 House • On Committee agenda-- Economic Development and Tourism Subcommittee, 03/10/15, 9:00 am, 12 HOB
    3/10/2015 House • Favorable by Economic Development and Tourism Subcommittee; YEAS 11 NAYS 0 -HJ 203
    • Now in Finance and Tax Committee -HJ 203
    4/28/2015 House • Died in Finance and Tax Committee

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  • HB 529, Original Filed Version (Current Bill Version) Posted 1/28/2015 at 1:54 PM

    Bill Text:   PDF
    Analyses:   Economic Development and Tourism Subcommittee (Post-Meeting) 3/10/2015 (pdf)

    Related Bills (2)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 980 (c2) Defense Contracting Soto Similar Last Action: 5/1/2015 S Died in Appropriations
    Location: In committee/council (AP)
    H 7141 Taxation Finance and Tax Committee Compare Last Action: 5/1/2015 S Died in Appropriations
    Location: In committee/council (AP)

    Citations - Statutes (2)

    Citation Catchline Location in Bill Location In Bill Help
    220.13 “Adjusted federal income” defined. Page 4 (pdf)
    288.1046 Page 1 (pdf)

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