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Glossary of Legislative Terms

CS/SB 1322: Tax Credits for Investment in Rural Communities

GENERAL BILL by Commerce and Tourism ; Simon ; (CO-INTRODUCERS) Yarborough

Tax Credits for Investment in Rural Communities; Creating the “Florida Rural Jobs Act”; requiring the Department of Commerce to accept applications for approval as rural funds in a specified manner; requiring the department to distribute revoked investment authority among certain rural funds; granting a credit against state tax liability for specified investors; providing restrictions on the credit, etc.

Effective Date: 7/1/2025
 Last Action: 4/2/2025 Senate - CS by Commerce and Tourism read 1st time
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
2/26/2025 Senate • Filed
3/6/2025 Senate • Referred to Commerce and Tourism; Finance and Tax; Appropriations
3/10/2025 Senate • Introduced
3/26/2025 Senate • On Committee agenda-- Commerce and Tourism, 03/31/25, 1:30 pm, 110 Senate Building
3/31/2025 Senate • CS by Commerce and Tourism; YEAS 9 NAYS 0
4/1/2025 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
• Now in Finance and Tax
4/2/2025 Senate • CS by Commerce and Tourism read 1st time