General Bill
Commercial Launch Zone Tax Incentives:
Establishes credits against corporate income tax for taxpayers that create or provide investments for spaceflight projects; provides definitions; establishes eligibility requirements for tax credits; allows for carryforward of tax credits; provides application & certification requirements; requires OTTED to determine eligibility of taxpayers; provides for expiration & renewal of taxpayer's eligibility for tax credits; provides for administration & auditing of tax credits by DOR; requires return & deposit of tax credits under certain circumstances; requires OTTED to consult with Space Florida & adopt rules for tax credit applications & certifications; authorizes DOR to adopt rules for tax administration, claims & transfers of tax credits, auditing, & reporting; requires annual report to Governor & Legislature; revises OTTED's duties to include administration of tax credits created by act; revises legislative intent of order for applying tax credits.
Effective Date:
January 1, 2011, and credits created herein may be claimed in the tax year beginning on or after January 1, 2014
Last Event:
Died in Economic Development Policy Committee on Friday, April 30, 2010 6:59 PM
Bill #
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Subject
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Relationship
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Bill #:
CS/CS/SB 1188
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Subject:
Spaceflight [WPSC]
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Relationship:
Compare
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Statute
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Other Bill Citations
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14.2015
|
CS/HB 7205
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213.053
|
HB 675,
CS/CS/HB 697,
CS/HB 1009,
CS/CS/HB 1169,
CS/CS/SB 1516,
CS/HB 5801,
HB 7061,
CS/HB 7157,
HB 7169,
CS/HB 7213
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220.02
|
HB 459,
HB 607,
CS/CS/HB 697,
HB 997,
CS/HB 1009,
HB 1539
|
220.13
|
HB 459,
HB 675,
CS/HB 1009,
HB 1333,
HB 1539
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220.16
|
|
220.194
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HB 459,
HB 607,
CS/HB 1457
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