summary
Introduced
11/30/2021
11/30/2021
In Committee
12/13/2021
12/13/2021
Crossed Over
Passed
Dead
03/14/2022
03/14/2022
Introduced Session
2022 Regular Session
Bill Summary
Adopting the 2022 version of the Internal Revenue Code for purposes of the state corporate income tax code; revising the timeframe during which the adjustment of the corporate tax rate based on net collections exceeding adjusted forecasted collections applies; providing for retroactive operation; providing applicability for adjustments taxpayers must make to adjusted federal income with respect to bonus depreciation, etc.
AI Summary
This bill adopts the 2022 version of the Internal Revenue Code for the purposes of the state corporate income tax code. It revises the timeframe during which the adjustment of the corporate tax rate based on net collections exceeding adjusted forecasted collections applies and provides for retroactive operation. The bill also outlines adjustments taxpayers must make to their adjusted federal income with respect to bonus depreciation, the expensing of certain property, and the deduction of business interest expenses.
Committee Categories
Budget and Finance
Sponsors (1)
Other Sponsors (1)
Finance and Tax (Senate)
Last Action
Died in Appropriations (on 03/14/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.flsenate.gov/Session/Bill/2022/1090 |
| BillText | https://www.flsenate.gov/Session/Bill/2022/1090/BillText/c1/HTML |
| Bill | https://www.flsenate.gov/Session/Bill/2022/1090/BillText/c1/PDF |
| Analysis - Finance and Tax (Post-Meeting) | https://www.flsenate.gov/Session/Bill/2022/1090/Analyses/2022s01090.ft.PDF |
| Senate Committee Amendment #246638 | https://www.flsenate.gov/Session/Bill/2022/1090/Amendment/246638/HTML |
| Analysis - Finance and Tax (Pre-Meeting) | https://www.flsenate.gov/Session/Bill/2022/1090/Analyses/2022s01090.pre.ft.PDF |
| BillText | https://www.flsenate.gov/Session/Bill/2022/1090/BillText/Filed/HTML |
| Bill | https://www.flsenate.gov/Session/Bill/2022/1090/BillText/Filed/PDF |
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