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SB 1156: Capital Investment Tax Credit


Capital Investment Tax Credit; Deleting a provision prohibiting the use of tax credits by certain affiliated companies or related entities under certain circumstances; requiring a qualifying business to demonstrate to the Department of Economic Opportunity that it qualifies for the tax credits and requiring the department to so notify the Department of Revenue; providing a maximum amount of capital investment tax credits that may be granted annually, etc.

Effective Date: 7/1/2014
Last Action: 5/2/2014 Senate - Died in Banking and Insurance
Bill Text: Web Page | PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Appropriations Subcommittee on Finance and Tax (AFT)
  3. Appropriations (AP)

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  • Bill History

    Date Chamber Action
    2/20/2014 Senate • Filed
    2/28/2014 Senate • Referred to Banking and Insurance; Appropriations Subcommittee on Finance and Tax; Appropriations -SJ 93
    3/4/2014 Senate • Introduced -SJ 93
    5/2/2014 Senate • Died in Banking and Insurance

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  • SB 1156, Original Filed Version (Current Bill Version) Posted 2/20/2014 at 1:15 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 549 Capital Investment Tax Credit Albritton Similar Last Action: 5/2/2014 H Died in Finance and Tax Subcommittee
    Location: In committee/council (FTSC)

    Citations - Statutes (1)

    Citation Catchline Location in Bill Location In Bill Help
    220.191 Capital investment tax credit. Page 1 (pdf)

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