« Return to search form

Tax Break Tracker Individual Entry

Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.

State or TerritoryFlorida
Effected JurisdictionCity of St. Petersburg
Jurisdiction type: Municipality
Fiscal year ending In2021
Program nameQualified Target Industry (QTI) Program
Program purpose: Business attraction/retention/expansion
Statutory authority: Florida Statutes Section 288.106
Abating jurisdiction(s): City of St. Petersburg
Applicable taxesCorporate Tax; Insurance Premium Tax; Sales and Use Tax; Intangible Personal Property Tax; Emergency Excise Tax; Excise Taxes on Documents; Property Tax Tax
Method of abatement: Tax refund
Provisions for recapture: (N/A - performance-based)
Gross revenue loss: $23,250
Reimbursement / offset: $0
Net revenue loss: $23,250
Type of loss: Passive
Additional notes on dislosure(none)
Document sourcehttps://www.stpete.org/government/departments/finance/index.php#Doc97