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CS/SB 288: Florida Main Street Program and Historic Preservation Tax Credits

GENERAL BILL by Finance and Tax ; DiCeglie ; (CO-INTRODUCERS) Rodriguez ; Stewart

Florida Main Street Program and Historic Preservation Tax Credits; Citing this act as the "Main Street Historic Tourism and Revitalization Act"; providing a credit against the state corporate income tax and the insurance premium tax for qualified expenses in rehabilitating certain historic structures; specifying eligibility requirements for the tax credit; specifying requirements for the Division of Historical Resources of the Department of State for evaluating and certifying applications for tax credits; specifying the order in which the credit is applied against the corporate income tax or franchise tax, etc.

Effective Date: Except as otherwise expressly provided in this act and except for this section, which shall take effect upon this act becoming a law, this act shall take effect January 1, 2024
Last Action: 5/5/2023 Senate - Died in Appropriations
Bill Text: Web Page | PDF
Senate Committee References:
  1. Commerce and Tourism (CM)
  2. Finance and Tax (FT)
  3. Appropriations (AP)

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  • Bill History

    Date Chamber Action
    1/19/2023 Senate • Filed
    1/26/2023 Senate • Referred to Commerce and Tourism; Finance and Tax; Appropriations
    2/6/2023 Senate • On Committee agenda-- Commerce and Tourism, 02/14/23, 1:00 pm, 110 Senate Building
    2/14/2023 Senate • Favorable by Commerce and Tourism; YEAS 9 NAYS 0
    • Now in Finance and Tax
    3/7/2023 Senate • Introduced
    3/9/2023 Senate • On Committee agenda-- Finance and Tax, 03/14/23, 11:00 am, 37 Senate Building
    3/14/2023 Senate • CS by Finance and Tax; YEAS 8 NAYS 0
    3/15/2023 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
    • Now in Appropriations
    • CS by Finance and Tax read 1st time
    5/5/2023 Senate • Died in Appropriations

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  • CS/SB 288, Committee Substitute 1 (Current Bill Version) Posted 3/15/2023 at 10:10 AM

    Bill Text:   Web Page | PDF
    Analyses:   Finance and Tax (Post-Meeting) 3/15/2023 (pdf)

    Related Bills (2)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 499 Florida Main Street Program and Historic Preservation Tax Credits Stark, Baker Similar Last Action: 5/5/2023 H Died in Ways & Means Committee
    S 7062 (c1) Taxation Finance and Tax Compare Last Action: 5/4/2023 S Laid on Table, companion bill(s) passed, see HB 7063 (Ch. 2023-157) -SJ 826

    Citations - Statutes (5)

    Citation Catchline Location in Bill Location In Bill Help
    213.053 Confidentiality and information sharing. Page 14 (pdf)
    220.02 Legislative intent. Page 14 (pdf)
    220.13 “Adjusted federal income” defined. Page 15 (pdf)
    220.197 Page 3 (pdf)
    624.509 Premium tax; rate and computation. Page 18 (pdf)

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  • SB 288, Original Filed Version Posted 1/19/2023 at 11:57 AM

    Bill Text:   Web Page | PDF
    Analyses:   Commerce and Tourism (Pre-Meeting) 2/13/2023 (pdf)
    Commerce and Tourism (Post-Meeting) 2/14/2023 (pdf)
    Finance and Tax (Pre-Meeting) 3/13/2023 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 499 Florida Main Street Program and Historic Preservation Tax Credits Stark, Baker Similar Last Action: 5/5/2023 H Died in Ways & Means Committee

    Committee Amendments (1)

    Amendment Sponsor Filed Last Committee Action Format
    366490 - Amendment
    Delete lines 138 - 367 and insert:
    Finance and Tax
    (DiCeglie)
    3/13/2023
    10:59 AM
    Replaced by Committee Substitute
    3/14/2023
    Web Page
    PDF

    Committee Votes (2)

    Date Committee Result
    2/14/2023 1:00 PM Commerce and Tourism 9 Yeas - 0 Nays
    3/14/2023 11:00 AM Finance and Tax 8 Yeas - 0 Nays

    Citations - Statutes (5)

    Citation Catchline Location in Bill Location In Bill Help
    213.053 Confidentiality and information sharing. Page 14 (pdf)
    220.02 Legislative intent. Page 14 (pdf)
    220.13 “Adjusted federal income” defined. Page 14 (pdf)
    220.197 Page 3 (pdf)
    624.509 Premium tax; rate and computation. Page 18 (pdf)

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