FL S1642 | 2020 | Regular Session

Florida Senate Bill 1642 (Prior Session Legislation)

Status

Completed Legislative Action
Spectrum: Bipartisan Bill
Status: Failed on March 14 2020 - 100% progression
Action: 2020-03-14 - Died in Finance and Tax
Text: Latest bill text (Comm Sub) [HTML]

Summary

Revising the affordable housing property exemption to exempt from ad valorem taxation, rather than provide a discount to, certain multifamily projects after a certain timeframe; providing a sales tax exemption for certain aircraft equipment used as part of certain governmental contracts; providing a credit against the corporate income tax, the sales and use tax, or a stated combination of the two taxes to a qualifying business that establishes a qualifying project for the creation of intellectual property which meets certain capital investment criteria, etc.

Title

Tax Exemptions

History

Date	Chamber	Action
2020-03-14	Senate	Died in Finance and Tax
2020-03-14	Senate	Indefinitely postponed and withdrawn from consideration
2020-02-10	Senate	Now in Finance and Tax
2020-02-06	Senate	CS by Commerce and Tourism read 1st time
2020-02-05	Senate	Pending reference review under Rule 4.7(2) - (Committee Substitute)
2020-02-04	Senate	CS by Commerce and Tourism; YEAS 4 NAYS 1
2020-01-30	Senate	On Committee agenda-- Commerce and Tourism, 02/04/20, 9:00 am, 110 Senate Building
2020-01-22	Senate	Introduced
2020-01-17	Senate	Referred to Commerce and Tourism; Finance and Tax; Appropriations
2020-01-09	Senate	Filed

Same As/Similar To

S1268 (Similar To) 2020-03-14 - Died in Innovation, Industry, and Technology

Code Citations

Chapter	Article	Citation Type	Statute Text
196	1978	Amended Code	See Bill Text
212	08	Amended Code	See Bill Text
220	191	Amended Code	See Bill Text
288	1089	Amended Code	See Bill Text

Florida State Sources

Type	Source
Summary	https://www.flsenate.gov/Session/Bill/2020/1642
Text	https://www.flsenate.gov/Session/Bill/2020/1642/BillText/Filed/HTML
Text	https://www.flsenate.gov/Session/Bill/2020/1642/BillText/c1/HTML
Amendment	https://www.flsenate.gov/Session/Bill/2020/1642/Amendment/854736/HTML