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The Florida Senate

SB 1268: Capital Investment Tax Credit

GENERAL BILL by Gruters

Capital Investment Tax Credit; Providing a credit against the corporate income tax, the sales and use tax, or a stated combination of the two taxes to a qualifying business that establishes a qualifying project for the creation of intellectual property which meets certain capital investment criteria; authorizing the carryover or transfer of credits, subject to certain conditions, etc.

Effective Date: Upon becoming a law
Last Action: 2/5/2020 Senate - On Committee agenda-- Innovation, Industry, and Technology, 02/10/20, 1:30 pm, 110 Senate Building --Temporarily Postponed
Bill Text: Web Page | PDF
Senate Committee References:
  1. Innovation, Industry, and Technology (IT)
  2. Finance and Tax (FT)
  3. Appropriations (AP)



Bill History

Date Chamber Action
12/17/2019 Senate • Filed
1/8/2020 Senate • Referred to Innovation, Industry, and Technology; Finance and Tax; Appropriations -SJ 93
1/14/2020 Senate • Introduced -SJ 93
2/5/2020 Senate • On Committee agenda-- Innovation, Industry, and Technology, 02/10/20, 1:30 pm, 110 Senate Building --Temporarily Postponed