HB 133 (2010) -  Commercial Launch Zone Tax Incentives

General Bill by Poppell (CO-SPONSORS) Adams; Ambler; Burgin; Chestnut; Culp; Eisnaugle; Hasner; Holder; Homan; Horner; Hukill; Kreegel; Nehr; Plakon; Planas; Porth; Precourt; Tobia; Weatherford; Williams, T.; Wood; Workman; Zapata
Commercial Launch Zone Tax Incentives: Establishes credits against corporate income tax for taxpayers that create or provide investments for spaceflight projects; provides definitions; establishes eligibility requirements for tax credits; allows for carryforward of tax credits; provides application & certification requirements; requires OTTED to determine eligibility of taxpayers; provides for expiration & renewal of taxpayer's eligibility for tax credits; provides for administration & auditing of tax credits by DOR; requires return & deposit of tax credits under certain circumstances; requires OTTED to consult with Space Florida & adopt rules for tax credit applications & certifications; authorizes DOR to adopt rules for tax administration, claims & transfers of tax credits, auditing, & reporting; requires annual report to Governor & Legislature; revises OTTED's duties to include administration of tax credits created by act; revises legislative intent of order for applying tax credits.
Effective Date: January 1, 2011, and credits created herein may be claimed in the tax year beginning on or after January 1, 2014
Last Event: Died in Economic Development Policy Committee on Friday, April 30, 2010 6:59 PM

Referred Committees and Committee Actions

House Referrals

Related Bills

Bill # Subject Relationship
Bill #: CS/CS/SB 1188 Subject: Spaceflight [WPSC] Relationship: Compare

Bill Text

Staff Analysis

(None Available)

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: H Died in Economic Development Policy Committee Time: 04/30/2010 - 6:59 PM Member: Committee: Economic Development Policy Committee Version: __
Event: H 1st Reading Time: 03/02/2010 - 10:50 PM Member: Committee: Version: __
Event: H Now in Economic Development Policy Committee Time: 10/12/2009 - 9:15 AM Member: Committee: Economic Development Policy Committee Version: __
Event: H Referred to Economic Development & Community Affairs Policy Council Time: 10/12/2009 - 9:15 AM Member: Committee: Economic Development & Community Affairs Policy Council Version: __
Event: H Referred to Finance & Tax Council Time: 10/12/2009 - 9:15 AM Member: Committee: Finance & Tax Council Version: __
Event: H Referred to Transportation & Economic Development Appropriations Committee Time: 10/12/2009 - 9:15 AM Member: Committee: Transportation & Economic Development Appropriations Committee Version: __
Event: H Referred to Economic Development Policy Committee Time: 10/12/2009 - 9:15 AM Member: Committee: Economic Development Policy Committee Version: __
Event: H Filed Time: 09/21/2009 - 3:14 PM Member: Poppell Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
14.2015 CS/HB 7205
213.053 HB 675, CS/CS/HB 697, CS/HB 1009, CS/CS/HB 1169, CS/CS/SB 1516, CS/HB 5801, HB 7061, CS/HB 7157, HB 7169, CS/HB 7213
220.02 HB 459, HB 607, CS/CS/HB 697, HB 997, CS/HB 1009, HB 1539
220.13 HB 459, HB 675, CS/HB 1009, HB 1333, HB 1539
220.16
220.194 HB 459, HB 607, CS/HB 1457