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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

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  • CS/SB 1322, Committee Substitute 1 (Current Bill Version) Posted 4/1/2025 at 4:15 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (3)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 1324 Fees/Equity Investment Certified as a Capital Investment Simon Linked Last Action: 3/12/2025 S Withdrawn from further consideration Track This Bill
    H 837 Tax Credits for Investment in Rural Communities Tuck Similar Last Action: 3/4/2025 H 1st Reading (Original Filed Version) Track This Bill
    S 7034 Taxation Finance and Tax Compare Last Action: 4/16/2025 S Introduced Track This Bill

    Citations - Statutes (1)

    Citation Catchline Location in Bill Location In Bill Help
    288.062 Page 3 (pdf)

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  • SB 1322, Original Filed Version Posted 2/26/2025 at 11:03 AM

    Bill Text:   Web Page | PDF
    Analyses:   Commerce and Tourism (Pre-Meeting) 3/28/2025 (pdf)
    Commerce and Tourism (Post-Meeting) 4/1/2025 (pdf)

    Related Bills (2)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 1324 Fees/Equity Investment Certified as a Capital Investment Simon Linked Last Action: 3/12/2025 S Withdrawn from further consideration Track This Bill
    H 837 Tax Credits for Investment in Rural Communities Tuck Similar Last Action: 3/4/2025 H 1st Reading (Original Filed Version) Track This Bill

    Committee Amendments (1)

    Amendment Sponsor Filed Last Committee Action Format
    840450 - Amendment (Delete All)
    Delete everything after the enacting clause and insert:     		Commerce and Tourism
    (Simon)     		3/28/2025
    1:22 PM     		Replaced by Committee Substitute
    3/31/2025     		Web Page
    PDF

    Committee Votes (1)

    Date Committee Result
    3/31/2025 1:30 PM Commerce and Tourism 9 Yeas - 0 Nays

    Citations - Statutes (1)

    Citation Catchline Location in Bill Location In Bill Help
    288.062 Page 2 (pdf)

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