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HB 529: Defense Contracting

GENERAL BILL by Smith ; (CO-INTRODUCERS) Mayfield ; Van Zant

Defense Contracting; Establishes Defense Works in Florida Incentive; authorizes Florida prime contractor to apply to DEO to certify that it may reduce its computation of adjusted federal income by specified amount; provides caps for aggregate amount of qualified subcontract awards that may be certified per calendar year; revises definition of term "adjusted federal income" to provide for reduction in taxable income equal to specified amount of qualified subcontract awards certified by DEO.

Effective Date: 7/1/2015
Last Action: 4/28/2015 House - Died in Finance and Tax Committee
Bill Text: PDF



Bill History

Date Chamber Action
1/28/2015 House • Filed
2/5/2015 House • Referred to Economic Development and Tourism Subcommittee; Finance and Tax Committee; Economic Affairs Committee -HJ 44
3/3/2015 House • Introduced -HJ 44
3/6/2015 House • On Committee agenda-- Economic Development and Tourism Subcommittee, 03/10/15, 9:00 am, 12 HOB
3/10/2015 House • Favorable by Economic Development and Tourism Subcommittee; YEAS 11 NAYS 0 -HJ 203
• Now in Finance and Tax Committee -HJ 203
4/28/2015 House • Died in Finance and Tax Committee