FL S1470 | 2011 | Regular Session

Florida Senate Bill 1470 (Prior Session Legislation)

Status

Spectrum: Bipartisan Bill
Status: Introduced on March 1 2011 - 25% progression, died in chamber
Action: 2011-05-07 - Indefinitely postponed and withdrawn from consideration
Text: Latest bill text (Comm Sub) [HTML]

Summary

Specifies procedures to claim a sales and use tax credit. Authorizes a qualifying business that has insufficient corporate income tax liability to fully claim a capital investment tax credit to apply the credit against its liability for sales and use taxes to be collected, reported, and remitted to the Department of Revenue. Requires a qualifying business that receives a credit against its sales and use tax liability to make additional capital investments, etc.

Title

Capital Investment Tax Credit

History

Date	Chamber	Action
2011-05-07		Indefinitely postponed and withdrawn from consideration
2011-03-24		Now in Budget -SJ 270
2011-03-23		Pending reference review under Rule 4.7(2) - (Committee Substitute)
2011-03-22		CS by Commerce and Tourism; YEAS 7 NAYS 0 -SJ 270
2011-03-17		On Committee agenda-- Commerce and Tourism, 03/22/11, 1:15 pm, 401 Senate Office Building
2011-03-09		Referred to Commerce and Tourism; Budget -SJ 168
2011-03-01		Filed

Code Citations

Chapter	Article	Section	Citation Type	Statute Text
212	08		Amended Code	See Bill Text
220	191		Amended Code	See Bill Text

Florida State Sources

Type	Source
Summary	http://www.flsenate.gov/Session/Bill/2011/1470
Text	http://www.flsenate.gov/Session/Bill/2011/1470/BillText/Filed/HTML
Text	http://www.flsenate.gov/Session/Bill/2011/1470/BillText/c1/HTML