HB 657 (2010) -  Corporate Income Tax Credits

by Taylor (CO-SPONSORS) Bullard
Establishes Florida Public School Tax Credit Program; provides for credits against corporate income tax for contributions to public schools for specified purposes; authorizes public schools to determine how to use undesignated contributions; requires public schools to report specified information to DOR; limits total annual amount of credits; provides requirements for taxpayers filing consolidated returns; provides procedures & requirements for rescinding credits; provides for use of rescinded credits by other taxpayers; prohibits specified taxpayers from eligibility to receive corporate tax credit; specifies administrative rules for use & application of credit; provides requirements for deposits of eligible contributions; provides criteria for preservation of tax credits.
Effective Date: July 1, 2010
Last Event: Died in PreK-12 Appropriations Committee on Friday, April 30, 2010 6:59 PM

Referred Committees and Committee Actions

Related Bills

Staff Analysis

(None Available)

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: H Died in PreK-12 Appropriations Committee Time: 04/30/2010 - 6:59 PM Member: Committee: PreK-12 Appropriations Committee Version: __
Event: H 1st Reading Time: 03/02/2010 - 10:50 PM Member: Committee: Version: __
Event: H Now in PreK-12 Appropriations Committee Time: 01/28/2010 - 2:54 PM Member: Committee: PreK-12 Appropriations Committee Version: __
Event: H Referred to Education Policy Council Time: 01/28/2010 - 2:54 PM Member: Committee: Education Policy Council Version: __
Event: H Referred to Finance & Tax Council Time: 01/28/2010 - 2:54 PM Member: Committee: Finance & Tax Council Version: __
Event: H Referred to PreK-12 Appropriations Committee Time: 01/28/2010 - 2:54 PM Member: Committee: PreK-12 Appropriations Committee Version: __
Event: H Filed Time: 01/14/2010 - 10:21 AM Member: Taylor Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
220.1875 CS/HB 1009