FL H0413 | 2019 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 2-0)
Status: Failed on May 3 2019 - 100% progression
Action: 2019-05-03 - Died in Local, Federal and Veterans Affairs Subcommittee
Text: Latest bill text (Introduced) [PDF]
Spectrum: Partisan Bill (Republican 2-0)
Status: Failed on May 3 2019 - 100% progression
Action: 2019-05-03 - Died in Local, Federal and Veterans Affairs Subcommittee
Text: Latest bill text (Introduced) [PDF]
Summary
Provides credit against corporate income tax for certain taxpayers owning interests in eligible workforce housing developments; requires FHFC to make agency awards of credit; specifies requirements for claiming & awarding awards; limits amount of awards; provides for allocation of annual credit amounts; requires certification of such amounts; authorizes recipients of credit to carry forward portion of credit; requires corporation to establish procedures to monitor compliance; provides for credit recapture; creates Workforce Housing Tax Credit Program; requires FHFC to administer program & determine which workforce housing developments are eligible for certain tax credits; specifies requirements for administration of program; requires DOR to apply credits to tax liability; requires state workforce housing tax credits to be allowed against insurance premium tax & retaliatory tax after applying certain deductions & credits.
Title
State Workforce Housing Tax Credit Program
Sponsors
History
Date | Chamber | Action |
---|---|---|
2019-05-03 | House | Died in Local, Federal and Veterans Affairs Subcommittee |
2019-05-03 | House | Indefinitely postponed and withdrawn from consideration |
2019-03-05 | House | Introduced |
2019-01-30 | House | Referred to Local, Federal and Veterans Affairs Subcommittee; Ways and Means Committee; State Affairs Committee |
2019-01-22 | House | Filed |
Same As/Similar To
S250 (Similar To) 2019-05-03 - Died in Finance and Tax, companion bill(s) passed, see CS/CS/HB 7103 (Ch. 2019-165)
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
220 | 1855 | Amended Code | See Bill Text | |
420 | 5096 | Amended Code | See Bill Text | |
624 | 51056 | Amended Code | See Bill Text |
Florida State Sources
Type | Source |
---|---|
Summary | https://www.flsenate.gov/Session/Bill/2019/413 |
Text | https://www.flsenate.gov/Session/Bill/2019/413/BillText/Filed/PDF |