CS/HB 1457 (2010) -  Advanced Clean Energy Development Tax Credit

by Energy & Utilities Policy Committee and McBurney (CO-SPONSORS) Ambler; Burgin
Authorizes business to receive tax credit for project to conduct clean energy research in development within territory of John F. Kennedy Space Center; specifies credit amounts; requires business to apply to Space Florida for eligibility to receive tax credit; requires qualified applicant to receive credit to execute & deliver written agreement to Space Florida which includes binding commitment to complete advanced clean energy research & development project; provides that only one business may receive tax credit; specifies requirements for application to Space Florida; provides for Space Florida to issue order certifying that business is qualified to receive tax credit; specifies project application requirements; authorizes DOR to conduct reviews & investigations to verify proper application of credits taken; authorizes Space Florida to order forfeiture of all or part of any previously claimed tax credits or credits available to be taken; requires Space Florida to notify DOR of any order affecting previously authorized tax credit; authorizes DOR to issue notice of deficiency to certified business under specified circumstances.
Effective Date: July 1, 2010
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

Staff Analysis

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: c1
Event: H Now in Economic Development Policy Committee Time: 03/29/2010 - 6:32 PM Member: Committee: Economic Development Policy Committee Version: c1
Event: H Referred to Finance & Tax Council Time: 03/29/2010 - 6:32 PM Member: Committee: Finance & Tax Council Version: c1
Event: H Referred to Economic Development Policy Committee Time: 03/29/2010 - 6:32 PM Member: Committee: Economic Development Policy Committee Version: c1
Event: H 1st Reading Time: 03/29/2010 - 5:28 PM Member: Committee: Version: c1
Event: H CS Filed Time: 03/26/2010 - 4:49 PM Member: Committee: Version: c1
Event: H Laid on Table under Rule 7.20 Time: 03/26/2010 - 4:49 PM Member: Committee: Version: __
Event: H Reported out of Energy & Utilities Policy Committee Time: 03/26/2010 - 4:46 PM Member: Committee: Energy & Utilities Policy Committee Version: __
Event: H Favorable with CS by Energy & Utilities Policy Committee Time: 03/25/2010 - 6:00 PM Member: Committee: Energy & Utilities Policy Committee Version: __
Event: H Added to Energy & Utilities Policy Committee agenda Time: 03/23/2010 - 4:25 PM Member: Committee: Energy & Utilities Policy Committee Version: __
Event: H Now in Energy & Utilities Policy Committee Time: 03/10/2010 - 4:16 PM Member: Committee: Energy & Utilities Policy Committee Version: __
Event: H Referred to Finance & Tax Council Time: 03/10/2010 - 4:16 PM Member: Committee: Finance & Tax Council Version: __
Event: H Referred to Economic Development Policy Committee Time: 03/10/2010 - 4:16 PM Member: Committee: Economic Development Policy Committee Version: __
Event: H Referred to Energy & Utilities Policy Committee Time: 03/10/2010 - 4:16 PM Member: Committee: Energy & Utilities Policy Committee Version: __
Event: H 1st Reading Time: 03/02/2010 - 10:50 PM Member: Committee: Version: __
Event: H Filed Time: 02/26/2010 - 4:09 PM Member: McBurney Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
220.194 HB 133, HB 459, HB 607