2025 Regular Session • Florida Legislature
S1322: Tax Credits for Investment in Rural Communities
Legislative Summary
Creating the "Florida Rural Jobs Act"; requiring the Department of Commerce to accept applications for approval as rural funds in a specified manner; requiring the department to distribute revoked investment authority among certain rural funds; granting a credit against state tax liability for specified investors; providing restrictions on the credit, etc.
Demographic Impact
Overall analysis of equity impact
60% Positive
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Bill History
2/26/2025
Filed
Senate
3/6/2025
Referred to Commerce and Tourism; Finance and Tax; Appropriations
Senate
3/10/2025
Introduced
Senate
3/26/2025
On Committee agenda-- Commerce and Tourism, 03/31/25, 1:30 pm, 110 Senate Building
Senate
3/31/2025
CS by Commerce and Tourism; YEAS 9 NAYS 0
Senate
4/1/2025
Pending reference review under Rule 4.7(2) - (Committee Substitute)
Senate
4/1/2025
Now in Finance and Tax
Senate
4/2/2025
CS by Commerce and Tourism read 1st time
Senate
Amendments
Senate Committee Amendment #840450
3/28/2025Not Adopted
Roll Call Votes
Senate Commerce and Tourism
3/31/2025
9
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED
Status Information
Current Status
Introduced(2/26/2025)
Chamber
Senate
Committee
Finance and Tax(Senate)
