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The Florida Senate

SB 1542: Corporate Income Tax Credits

GENERAL BILL by Siplin

Corporate Income Tax Credits; Establishes the Florida Public School Tax Credit Program. Provides for credits against the corporate income tax for contributions to public schools for certain purposes. Authorizes public schools to determine how to use undesignated contributions. Requires the Department of Revenue to apportion a dollar amount of tax credits to each school board receiving eligible contributions. Specifies certain taxpayers as ineligible to receive the corporate tax credit, etc.

Effective Date: 7/1/2011
Last Action: 5/7/2011 Senate - Died in Commerce and Tourism
Bill Text: Web Page | PDF
Senate Committee References:
  1. Commerce and Tourism (CM)
  2. Education Pre-K - 12 (ED)
  3. Budget (BC)



Bill History

Date Chamber Action
3/2/2011 Senate • Filed
3/9/2011 Senate • Referred to Commerce and Tourism; Education Pre-K - 12; Budget -SJ 173
• Introduced -SJ 173
4/7/2011 Senate • On Committee agenda-- Commerce and Tourism, 04/12/11, 9:15 am, 401 Senate Office Building --Temporarily Postponed
5/7/2011 Senate • Indefinitely postponed and withdrawn from consideration
• Died in Commerce and Tourism