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| 1 | A bill to be entitled | ||
| 2 | An act relating to corporate income tax credit; creating | ||
| 3 | s. 220.192, F.S.; providing a credit against the corporate | ||
| 4 | income tax for certain small businesses for providing | ||
| 5 | employee health care insurance; providing an effective | ||
| 6 | date. | ||
| 7 | |||
| 8 | Be It Enacted by the Legislature of the State of Florida: | ||
| 9 | |||
| 10 | Section 1. Section 220.192, Florida Statutes, is created | ||
| 11 | to read: | ||
| 12 | 220.192 Corporate income tax credit for small businesses | ||
| 13 | investing in health care insurance for their employees.--A | ||
| 14 | credit of up to $1,000 shall be allowed against any tax due for | ||
| 15 | a taxable year under this chapter to any business with less than | ||
| 16 | 50 employees for providing to the employees of the business | ||
| 17 | health care insurance consisting of the coverages provided in | ||
| 18 | chapter 627. | ||
| 19 | Section 2. This act shall take effect upon becoming a law | ||
| 20 | and shall operate retroactively to January 1, 2003. | ||