Tax Credits for Investment in Rural Communities

What it does

The legislature's own summary of the bill, or its official long title.

Tax Credits for Investment in Rural Communities; 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.

Every action

10 steps, oldest first, as the legislature records them.

1. Feb 26, 2025SenateFiled
2. Mar 6, 2025CommitteeReferred to Commerce and Tourism; Finance and Tax; Appropriations · Senate Commerce and Tourism
3. Mar 10, 2025SenateIntroduced
4. Mar 26, 2025CommitteeOn Committee agenda-- Commerce and Tourism, 03/31/25, 1:30 pm, 110 Senate Building · Senate Commerce and Tourism
5. Mar 31, 2025CommitteeCS by Commerce and Tourism; YEAS 9 NAYS 0 · Senate Commerce and Tourism9–0 vote
6. Apr 1, 2025SenatePending reference review under Rule 4.7(2) - (Committee Substitute)
7. Apr 1, 2025CommitteeNow in Finance and Tax · Senate Finance and Tax
8. Apr 2, 2025CommitteeCS by Commerce and Tourism read 1st time · Senate Commerce and Tourism
9. May 3, 2025SenateIndefinitely postponed and withdrawn from consideration
10. Jun 16, 2025CommitteeDied in Finance and Tax · Senate Finance and Tax

Roll calls

1 recorded vote: 0 on the floor, 1 in committee. Each shows how every member voted.

Committee votes

Sponsors

The member who introduced it, joined by 1 cosponsor: 1 Republican.

• Corey SimonR Primary sponsor · District 3
• Ca Commerce and Tourism Sponsoring committee