summary
Introduced
11/22/2024
11/22/2024
In Committee
01/15/2025
01/15/2025
Crossed Over
Passed
Dead
06/16/2025
06/16/2025
Introduced Session
2025 Regular Session
Bill Summary
An act relating to resilient buildings; creating s. 220.197, F.S.; defining the term “resilient building”; specifying that owners of resilient buildings are eligible to receive a specified tax credit; specifying that a resilient building may qualify for such tax credit only once; requiring building owners to file a specified application with the Department of Business and Professional Regulation by a specified date in order to claim such tax credit; authorizing the department to accept such applications electronically; specifying requirements for such applications; authorizing the department to disclose certain data that meets specified requirements; authorizing the department to publish certain data; requiring the department to take certain actions; requiring a building owner to attach a specified letter to certain tax returns; providing that a building owner may file only one application with the department; providing exceptions; specifying the amounts of the tax credit; authorizing a building owner to carry forward the unused amount of a tax credit to a subsequent tax year; authorizing the transfer of all or part of the tax credits under certain conditions; requiring the department to rescind eligibility for the tax credit under certain circumstances; requiring the Department of Revenue and the Department of Business and Professional Regulation to adopt rules; creating s. 553.972, F.S.; creating the Florida Resilient Building Advisory Council adjunct to the Department of Business and Professional Regulation; providing the purpose of the advisory council; requiring the department to post certain policies on its website; providing for the duties, membership, and meetings of the advisory council; requiring the department to provide the advisory council with staffing and administrative assistance; providing for expiration of the advisory council; amending ss. 213.053, 220.02, and 220.13, F.S.; conforming provisions to changes made by the act; providing an effective date.
AI Summary
This bill establishes a tax credit program for resilient buildings in Florida, focusing on structures that achieve Leadership in Energy and Environmental Design (LEED) certification with a specific resilience pathway. Building owners can receive tax credits of $0.50 to $2 per square foot annually for 5 years, depending on the level and type of LEED certification (either Building Design and Construction or Operations and Maintenance). To qualify, owners must file an application with the Department of Business and Professional Regulation by March 1 following their certification year and agree to report energy use information annually. The bill also creates a Florida Resilient Building Advisory Council composed of representatives from various universities and appointed by state leadership, tasked with providing recommendations on policies to enhance building resilience. The council will have members with expertise in areas such as building design, construction, insurance, renewable energy, and local government. The tax credits can be carried forward for up to 5 years or transferred to another taxpayer, and the credits will be available for taxable years beginning on or after January 1, 2026. The advisory council is set to expire on October 2, 2028, unless the Legislature takes action to continue it.
Committee Categories
Budget and Finance
Sponsors (1)
Other Sponsors (1)
Environment and Natural Resources (Senate)
Last Action
Died in Finance and Tax (on 06/16/2025)
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/2025/62 |
| BillText | https://www.flsenate.gov/Session/Bill/2025/62/BillText/c1/HTML |
| Analysis - Environment and Natural Resources (Post-Meeting) | https://www.flsenate.gov/Session/Bill/2025/62/Analyses/2025s00062.en.PDF |
| https://www.flsenate.gov/Session/Bill/2025/62/Amendment/709528/HTML | |
| https://www.flsenate.gov/Session/Bill/2025/62/Amendment/449780/HTML | |
| Analysis - Environment and Natural Resources (Pre-Meeting) | https://www.flsenate.gov/Session/Bill/2025/62/Analyses/2025s00062.pre.en.PDF |
| https://www.flsenate.gov/Session/Bill/2025/62/Amendment/737514/HTML | |
| BillText | https://www.flsenate.gov/Session/Bill/2025/62/BillText/Filed/HTML |
| BillText | https://www.flsenate.gov/Session/Bill/2025/62/BillText/Filed/PDF |
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