summary
Introduced
01/24/2023
01/24/2023
In Committee
04/12/2023
04/12/2023
Crossed Over
Passed
Dead
05/05/2023
05/05/2023
Introduced Session
2023 Regular Session
Bill Summary
Authorizes DOR to disclose information related to specified tax credits to DEP; provides tax credit to developers & homebuilders for certain graywater purchased during taxable year; provides cap on amount of tax credit; specifies information developer or homebuilder must provide to receive credit; requires DEP to make certain determinations & certify such to DOR; prohibits certification of credits after certain date; authorizes tax credits to be carried forward.
AI Summary
This bill authorizes the Department of Revenue (DOR) to disclose information related to specified tax credits to the Department of Environmental Protection (DEP). It provides a tax credit to developers and homebuilders for the purchase of certain NSF/ANSI 350 Class R certified residential graywater systems during the taxable year, with a cap of 50% of the cost up to $4,200 per system and $2,000,000 per developer or homebuilder per taxable year. The developer or homebuilder must apply to the DEP for certification of the credit, which the DEP must provide within 60 days. The bill prohibits certification of credits after 2026 and allows unused credits to be carried forward for up to 2 years.
Committee Categories
Budget and Finance, Transportation and Infrastructure
Sponsors (2)
Other Sponsors (1)
Infrastructure Strategies Committee (House)
Last Action
Died on Second Reading Calendar; companion bill(s) passed, see HB 7063 (Ch. 2023-157) (on 05/05/2023)
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/2023/475 |
| BillText | https://www.flsenate.gov/Session/Bill/2023/475/BillText/c1/PDF |
| Analysis - Infrastructure Strategies Committee (Post-Meeting) | https://www.flsenate.gov/Session/Bill/2023/475/Analyses/h0475c.ISC.PDF |
| https://www.flsenate.gov/Session/Bill/2023/475/Amendment/037893/PDF | |
| Analysis - Infrastructure Strategies Committee (Post-Meeting) | https://www.flsenate.gov/Session/Bill/2023/475/Analyses/h0475b.ISC.PDF |
| Analysis - Ways & Means Committee (Post-Meeting) | https://www.flsenate.gov/Session/Bill/2023/475/Analyses/h0475a.WMC.PDF |
| Analysis - Ways & Means Committee (Post-Meeting) | https://www.flsenate.gov/Session/Bill/2023/475/Analyses/h0475.WMC.PDF |
| BillText | https://www.flsenate.gov/Session/Bill/2023/475/BillText/Filed/PDF |
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