| 1 | Representative Workman offered the following: |
| 2 |
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| 3 | Amendment (with title amendment) |
| 4 | Between lines 123 and 124, insert: |
| 5 | Section 5. Paragraph (d) is added to subsection (2) of |
| 6 | section 220.191, Florida Statutes, to read: |
| 7 | 220.191 Capital investment tax credit.- |
| 8 | (2) |
| 9 | (d) If the credit granted under subparagraph (a)1. is not |
| 10 | fully used in any one year because of insufficient tax liability |
| 11 | on the part of the qualifying business, the unused amounts may |
| 12 | be used in any one year or years beginning with the 21st year |
| 13 | after the commencement of operations of the project and ending |
| 14 | the 30th year after the commencement of operations of the |
| 15 | project. |
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| 17 |
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| 18 | ----------------------------------------------------- |
| 19 | T I T L E A M E N D M E N T |
| 20 | Remove line 11 and insert: |
| 21 | application; amending s. 220.191, F.S.; providing that a capital |
| 22 | investment tax credit may be carried forward for use against the |
| 23 | corporate income tax in specified years after the commencement |
| 24 | of operations of a project; providing an effective date. |