Florida Senate - 2020 SB 1592 By Senator Rodriguez 37-01836A-20 20201592__ 1 A bill to be entitled 2 An act relating to the Florida Working Families Tax 3 Rebate Program; creating the Florida Working Families 4 Tax Rebate Program within the Department of Revenue 5 for a certain purpose; granting specified people and 6 households certain state funds if they received a tax 7 credit under the federal Earned Income Tax Credit 8 program and meet certain criteria; specifying the 9 calculation of the rebate and procedures for 10 disbursing funds; requiring the department to provide 11 to the Governor, the Cabinet, and the Legislature a 12 certain report by a specified date; authorizing the 13 department to adopt emergency rules; providing an 14 appropriation; providing applicability; providing an 15 effective date. 16 17 Be It Enacted by the Legislature of the State of Florida: 18 19 Section 1. Florida Working Families Tax Rebate Program.— 20 (1) The Florida Working Families Tax Rebate Program is 21 created within the Department of Revenue to provide low-income 22 working Floridians relief on sales taxes, fuel taxes, property 23 taxes, or other taxes and fees paid in this state during the 24 year, consistent with the goals of the federal Earned Income Tax 25 Credit program. 26 (2) Each person or household who qualified and received a 27 tax credit under the federal Earned Income Tax Credit program in 28 a specific year may receive funds from the state if the person 29 or household: 30 (a) Maintains a Florida residence on the person’s or 31 household’s federal income tax return during the tax year in 32 which the person or household is applying for the Florida 33 Working Families Tax Rebate Program; 34 (b) Applies to the department, using a form developed by 35 the department, no later than June 30 of the year in which the 36 federal earned income tax credit was received; and 37 (c) Provides the department with documentation verifying 38 the receipt of and specific value of the federal earned income 39 tax credit. 40 (3) Within 30 days after receiving a completed application 41 and verifying the information required under subsection (2), the 42 department shall issue a check or remit funds using direct 43 deposit to the person or household in an amount equal to 10 44 percent of the amount of the federal earned income tax credit 45 received by the person or household. 46 (4) The Department of Revenue shall prepare and submit a 47 report by December 31, 2020, to the Governor and Cabinet, the 48 President of the Senate, the Speaker of the House of 49 Representatives, the Senate Minority Leader, and the House of 50 Representatives Minority Leader which addresses the feasibility 51 of creating and implementing an automatic Florida Working 52 Families Tax Rebate program using data provided by the Internal 53 Revenue Service or another federal agency so that a person or 54 household may receive funds from the state without having to 55 complete an annual application and provide documentation as set 56 forth in subsection (2). 57 (a) If the department determines that an automatic program 58 is not feasible, the report must identify specific barriers to 59 the creation of such a program and provide proposed solutions to 60 remove the barriers. 61 (b) If the department determines that an automatic program 62 is feasible, the report must include a legislative proposal to 63 implement the automatic program. 64 Section 2. (1) The Department of Revenue is authorized, and 65 all conditions are deemed to be met, to adopt emergency rules 66 pursuant to s. 120.54(4), Florida Statutes, for the purpose of 67 implementing the provisions of this act. 68 (2) Notwithstanding any other provision of law, emergency 69 rules adopted pursuant to subsection (1) are effective for 6 70 months after adoption and may be renewed during the pendency of 71 procedures to adopt permanent rules addressing the subject of 72 the emergency rules. 73 Section 3. For the 2020-2021 fiscal year, the sum of $510 74 million is appropriated from the General Revenue Fund to the 75 Department of Revenue to implement this act. 76 Section 4. This act applies to federal earned income tax 77 credits granted beginning on or after January 1, 2021. 78 Section 5. This act shall take effect July 1, 2020.