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: 
Florida
Reporting Jurisdiction: 
Florida
Jurisdiction type
State
Fiscal year ending In: 
2018
Program name: 
Florida Renew Tech Credit
Program purpose
Energy production; environment
Statutory authority
Florida Statutes Sections 220.192
Abating jurisdiction(s)
State of Florida
Applicable taxes: 
Corporate Income Tax
Method of abatement
Tax credit
Provisions for recapture
If erroneous credits are discovered during an audit of the taxpayer's books and records the amount of tax offset by the credit will be assessed.
Gross revenue loss
$6,162,000
Reimbursement / offset
$0
Net revenue loss
$6,162,000
Type of loss
Active
Additional notes on dislosure: 
(none)