Florida Senate - 2026                        COMMITTEE AMENDMENT
       Bill No. SB 1182
       
       
       
       
       
       
                                Ì172602uÎ172602                         
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
                  Comm: RCS            .                                
                  02/11/2026           .                                
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       The Committee on Military and Veterans Affairs, Space, and
       Domestic Security (Jones) recommended the following:
       
    1         Senate Amendment (with title amendment)
    2  
    3         Delete everything after the enacting clause
    4  and insert:
    5         Section 1. Paragraph (cc) is added to subsection (8) of
    6  section 213.053, Florida Statutes, to read:
    7         213.053 Confidentiality and information sharing.—
    8         (8) Notwithstanding any other provision of this section,
    9  the department may provide:
   10         (cc) State tax information relative to the exemptions in s.
   11  295.189(5) pursuant to any formal agreement for the mutual
   12  exchange of information between the Department of Veterans’
   13  Affairs, the Department of State, and the Department of Revenue.
   14  
   15  Disclosure of information under this subsection shall be
   16  pursuant to a written agreement between the executive director
   17  and the agency. Such agencies, governmental or nongovernmental,
   18  shall be bound by the same requirements of confidentiality as
   19  the Department of Revenue. Breach of confidentiality is a
   20  misdemeanor of the first degree, punishable as provided by s.
   21  775.082 or s. 775.083.
   22         Section 2. Section 295.189, Florida Statutes, is created to
   23  read:
   24         295.189Business development incentives for veterans and
   25  military spouses.—
   26         (1)SHORT TITLE.—This section may be cited as the “Florida
   27  Veterans and Military Spouses Business Development Act.”
   28         (2)LEGISLATIVE FINDINGS AND INTENT.—
   29         (a)The Legislature finds that veterans and military
   30  spouses contribute significantly to this state’s economy through
   31  their skills, expertise, and entrepreneurial efforts.
   32         (b)The Legislature recognizes the challenges of frequent
   33  relocations and economic instability faced by many military
   34  spouses.
   35         (c)It is the intent of the Legislature that this act serve
   36  to attract and support veteran-owned and military spouse-owned
   37  businesses by providing incentives.
   38         (3)DEFINITIONS.—As used in this section, the term:
   39         (a)“Military spouse” means a spouse of:
   40         1.An active duty member of the United States Armed Forces;
   41  or
   42         2.A veteran.
   43         (b)“Veteran” has the same meaning as in s. 1.01(14).
   44         (c)“Veteran-owned or military spouse-owned business” means
   45  any business entity:
   46         1.That employs 200 or fewer permanent full-time employees.
   47         2.That, together with its affiliates, has a net worth of
   48  $5 million or less or, if a sole proprietorship, has a net worth
   49  of $5 million or less including personal and business
   50  investments.
   51         3.That is domiciled in this state.
   52         4.That is at least 51 percent owned and operated by one or
   53  more veterans or military spouses.
   54         5.The management and daily business operations of which
   55  are controlled by one or more veterans or military spouses.
   56         6.That has a professional license, if required by the
   57  industry, in the name of a veteran or military spouse who owns
   58  the business entity.
   59         (4)FEE WAIVER.—
   60         (a)The Department of State shall waive all fees for:
   61         1.A new business established by a veteran or military
   62  spouse in this state.
   63         2.An existing veteran-owned or military spouse-owned
   64  business in this state.
   65         (b)The fee waivers apply to veteran-owned or military
   66  spouse-owned businesses established between July 1, 2026, and
   67  June 30, 2031.
   68         (5)TAX EXEMPTIONS.—
   69         (a)Eligible veteran-owned and military spouse-owned
   70  businesses shall receive:
   71         1.A temporary increase in the exemption provided by s.
   72  220.14 for business entities incorporated in this state and
   73  subject to the tax imposed by chapter 220, for the taxable year
   74  in which the Department of Veterans’ Affairs verifies the
   75  veteran-owned or military spouse-owned business pursuant to
   76  subsection (7) and for each of the 4 subsequent taxable years.
   77         a.A business that is 100 percent veteran-owned or military
   78  spouse-owned is eligible to receive an exemption from the tax
   79  imposed by chapter 220, totaling $100,000 per taxable year for 5
   80  taxable years, after being in business for at least 5 years from
   81  the date of its incorporation in this state.
   82         b.A business that is at least 51 percent veteran-owned or
   83  military spouse-owned but does not qualify for the tax exemption
   84  under sub-subparagraph a. is eligible to receive an exemption
   85  from the tax imposed by chapter 220, totaling $100,000 per
   86  taxable year for 5 taxable years, after being in business for at
   87  least 7 years from the date of its incorporation in this state.
   88         2.A one-time sales tax exemption for veteran-owned or
   89  military spouse-owned businesses for purchases of equipment and
   90  supplies directly related to and used for business operations.
   91  This exemption does not apply to purchases of items that are
   92  used for personal purposes or items used for both personal and
   93  business purposes.
   94         a.A business entity that is at least 51 percent veteran
   95  owned or military spouse-owned is eligible to receive the sales
   96  tax exemption during the first year of business upon the
   97  issuance of a temporary tax exemption certificate by the
   98  Department of Revenue.
   99         b.A business entity incorporated in this state and subject
  100  to the tax imposed by chapter 220 which is 100 percent veteran
  101  owned or military spouse-owned and has been in business for 5
  102  years and whose net income as reported on its Florida corporate
  103  income or franchise tax return after application of the
  104  exemption provided in s. 220.14 is $0 for the 5th taxable year
  105  is eligible to receive the 1-year sales tax exemption upon the
  106  issuance of a temporary tax certificate by the Department of
  107  Revenue.
  108         c.A business entity incorporated in this state and subject
  109  to the tax imposed by chapter 220 which is at least 51 percent
  110  veteran-owned or military spouse-owned and has been in business
  111  for 7 years and whose net income as reported on its Florida
  112  corporate income or franchise tax return is $0 for the 7th
  113  taxable year is eligible to receive the 1-year sales tax
  114  exemption upon the issuance of a temporary tax exemption
  115  certificate by the Department of Revenue.
  116         (b)The Department of Revenue shall adopt rules to
  117  establish procedures for claiming the tax exemptions and for the
  118  developing and issuing of temporary sales tax exemption
  119  certificates upon notification of application approval by the
  120  Department of Veterans’ Affairs.
  121         (c)For veteran-owned and military spouse-owned businesses
  122  relocating to this state, the tax exemptions apply for 5 years
  123  after the date on which the business is established.
  124         (6)ADMINISTRATION.—The Department of Veterans’ Affairs,
  125  the Department of Revenue, and the Department of State shall:
  126         (a)Develop rules for administering this section.
  127         (b)Ensure interagency cooperation for seamless
  128  implementation of this section.
  129         (7)REGISTRATION.—
  130         (a)The Department of Veterans’ Affairs shall establish
  131  registration requirements for applicants seeking the fee waivers
  132  and tax exemptions provided by this section. The registration
  133  requirements must include:
  134         1.For veterans, a DD Form 214 or another acceptable form
  135  of identification as specified by the United States Department
  136  of Veterans’ Affairs, provided that the applicant served in and
  137  was honorably discharged from a branch of the United States
  138  Armed Forces.
  139         2.For military spouses, verification of a military spouse
  140  relationship and that the other spouse is on active duty or a
  141  veteran.
  142         3.Verification that the applicant’s business meets the
  143  requirements provided in subparagraphs (3)(c)1.-6.
  144         4.The date on which the applicant began doing business in
  145  this state.
  146         5.For applicants seeking the 1-year sales tax exemption
  147  provided under subparagraph (5)(a)2. must include a copy of
  148  their Florida corporate income or franchise tax return in order
  149  to verify the net income reported for the 5th or 7th taxable
  150  year, as applicable.
  151         (b)Applicants meeting the registration requirements of
  152  paragraph (a) shall receive a veteran-owned or military spouse
  153  owned business verification letter from the Department of
  154  Veterans’ Affairs.
  155         1.The verification letter may be presented to the
  156  Department of State to claim the fee waiver provided in
  157  subsection (4).
  158         2.The verification letter must be attached to the Florida
  159  corporate income or franchise tax return to claim the increased
  160  temporary exemption provided by subparagraph (5)(a)1.
  161         3.The verification letter may be presented to the
  162  Department of Revenue to receive a temporary tax exemption
  163  certificate pursuant to subparagraph (5)(a)2.
  164         (c)The Department of Veterans’ Affairs shall notify the
  165  Department of Revenue and the Department of State upon
  166  successful verification of the veteran-owned or military spouse
  167  owned business.
  168         (8)ANNUAL REPORTING.—Beginning December 31, 2026, and each
  169  December 31 thereafter, the Department of Veterans’ Affairs
  170  shall submit a report to the Governor, the President of the
  171  Senate, and the Speaker of the House of Representatives which
  172  includes:
  173         (a)The number of veteran-owned and military spouse-owned
  174  businesses that were established in this state.
  175         (b)Economic metrics, such as job creation and tax revenue
  176  impact from veteran-owned and military spouse-owned businesses.
  177         (c)Demographic data for the participating veterans and
  178  military spouses.
  179         Section 3. This act shall take effect July 1, 2026.
  180  
  181  ================= T I T L E  A M E N D M E N T ================
  182  And the title is amended as follows:
  183         Delete everything before the enacting clause
  184  and insert:
  185                        A bill to be entitled                      
  186         An act relating to business development incentives for
  187         veterans and military spouses; amending s. 213.053,
  188         F.S.; authorizing the Department of Revenue to provide
  189         specified state tax information to the Department of
  190         Veterans’ Affairs and the Department of State under a
  191         specified condition; creating s. 295.189, F.S.;
  192         providing a short title; providing legislative
  193         findings and intent; defining terms; requiring the
  194         Department of State to waive all fees for certain
  195         businesses; providing applicability; providing that
  196         certain businesses are eligible to receive specified
  197         tax exemptions; providing eligibility requirements for
  198         such exemptions; providing applicability; requiring
  199         the Department of Revenue to adopt specified rules;
  200         requiring the Department of Veterans’ Affairs, the
  201         Department of Revenue, and the Department of State to
  202         adopt specified rules and ensure interagency
  203         cooperation; requiring the Department of Veterans’
  204         Affairs to establish registration requirements for
  205         businesses seeking certain fee waivers and tax
  206         exemptions; specifying registration requirements;
  207         requiring that applicants meeting certain requirements
  208         receive a verification letter from the Department of
  209         Veterans’ Affairs; specifying ways in which such
  210         letter may be used or presented; requiring the
  211         Department of Veterans’ Affairs to notify the
  212         Department of State and the Department of Revenue
  213         under specified conditions; providing annual reporting
  214         requirements, beginning on a specified date; providing
  215         an effective date.