summary
Introduced
01/13/2025
01/13/2025
In Committee
03/07/2025
03/07/2025
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; 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 hb143-01-c1 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 creates 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 a tax credit ranging from $0.50 to $2 per square foot for 5 years, depending on the type and level of LEED certification (gold, silver, or platinum) for either building design and construction or operations and maintenance. To qualify, building owners must file an application with the Department of Business and Professional Regulation, provide documentation of their LEED certification, and agree to report the building's energy use information annually. The bill also establishes the Florida Resilient Building Advisory Council, comprised of representatives from various universities and appointed by state leadership, to provide recommendations on fostering hurricane resiliency and enhancing building resilience. The council will meet at least twice a year and is set to expire in October 2028 unless renewed. The tax credit can be carried forward for up to 5 years or transferred to another taxpayer, with specific requirements for transfer and reporting. The program is set to begin for taxable years starting January 1, 2026, and aims to incentivize more resilient and sustainable building practices in the state.
Committee Categories
Agriculture and Natural Resources, Business and Industry
Sponsors (2)
Other Sponsors (1)
Natural Resources & Disasters Subcommittee (H)
Last Action
Died in Industries & Professional Activities Subcommittee (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/2025/143 |
| BillText | https://www.flsenate.gov/Session/Bill/2025/143/BillText/c1/PDF |
| Analysis - Natural Resources & Disasters Subcommittee (Post-Meeting) | https://www.flsenate.gov/Session/Bill/2025/143/Analyses/h0143a.NRD.PDF |
| https://www.flsenate.gov/Session/Bill/2025/143/Amendment/061577/PDF | |
| Analysis - Natural Resources & Disasters Subcommittee (Post-Meeting) | https://www.flsenate.gov/Session/Bill/2025/143/Analyses/h0143.NRD.PDF |
| BillText | https://www.flsenate.gov/Session/Bill/2025/143/BillText/Filed/PDF |
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