Florida SB 992: C-51 Reservoir Project

Bill Text

992 
Resilient Buildings 
2025-12-22T03:56:27Z 
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; 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; prohibiting the Department of Business and Professional Regulation from authorizing tax credits that exceed a certain amount; creating the Florida Resilient Building Advisory Council adjunct to the Department of Business and Professional Regulation, etc. 
Original Filed Version 
2026 
S 
2026-07-01T00:00:00Z 
GB 
General Bill 
__ 

 Florida Senate - 2026 SB 992 

 By Senator Rodriguez 

 40-00232A-26 2026992__ 
 1 A bill to be entitled 
 2 An act relating to resilient buildings; creating s. 
 3 220.197, F.S.; defining the term “resilient building”; 
 4 specifying that owners of resilient buildings are 
 5 eligible to receive a specified tax credit; specifying 
 6 that a resilient building may qualify for such tax 
 7 credit only once; requiring building owners to file a 
 8 specified application with the Department of Business 
 9 and Professional Regulation by a specified date in 
 10 order to claim such tax credit; authorizing the 
 11 department to accept such applications electronically; 
 12 specifying requirements for such applications; 
 13 authorizing the department to publish certain data in 
 14 a specified manner; requiring the department to take 
 15 certain actions; requiring a building owner to attach 
 16 a specified letter to certain tax returns; providing 
 17 that a building owner may file only one application 
 18 with the department for each resilient building; 
 19 providing exceptions; specifying the amounts of the 
 20 tax credit; authorizing a building owner to carry 
 21 forward the unused amount of a tax credit to a 
 22 subsequent tax year; authorizing the transfer of all 
 23 or part of the tax credits under certain conditions; 
 24 specifying requirements for transfer agreements; 
 25 requiring the department to rescind eligibility for 
 26 the tax credit under certain circumstances; 
 27 prohibiting the department from authorizing tax 
 28 credits that exceed a certain amount; requiring the 
 29 department to authorize tax credits in a specified 
 30 manner; requiring the department to defer remaining 
 31 eligible applications; requiring the Department of 
 32 Revenue and the Department of Business and 
 33 Professional Regulation to adopt rules; creating s. 
 34 553.972, F.S.; creating the Florida Resilient Building 
 35 Advisory Council adjunct to the Department of Business 
 36 and Professional Regulation; providing the purpose of 
 37 the advisory council; requiring the department to post 
 38 certain policies on its website; providing for the 
 39 membership and meetings of the advisory council; 
 40 requiring the department to provide the advisory 
 41 council with staffing and administrative assistance; 
 42 providing for expiration of the advisory council; 
 43 amending ss. 213.053, 220.02, and 220.13, F.S.; 
 44 conforming provisions to changes made by the act; 
 45 providing an effective date. 
 46 
 47 Be It Enacted by the Legislature of the State of Florida: 
 48 
 49 Section 1. Section 220.197, Florida Statutes, is created to 
 50 read: 
 51 220.197 Resilient building tax credit program.— 
 52 (1) As used in this section, the term “resilient building” 
 53 means any of the following: 
 54 (a) A building that has a Leadership in Energy and 
 55 Environmental Design (LEED) certificate of silver, gold, or 
 56 platinum in building design and construction (BD+C), which 
 57 certificate meets the requirements for the LEED resilience 
 58 pathway. 
 59 (b) A building that has a LEED certificate of silver, gold, 
 60 or platinum in operations and maintenance (O+M), which 
 61 certificate meets the requirements for the LEED resilience 
 62 pathway. 
 63 (2) For taxable years beginning on or after January 1, 
 64 2027, the owner of a resilient building is eligible to receive a 
 65 credit against the tax imposed by this chapter as specified in 
 66 subsection (3). A resilient building may qualify for the tax 
 67 credit under this section only once. 
 68 (a) To claim a credit under this section, a building owner 
 69 must file an application for a tax credit with the Department of 
 70 Business and Professional Regulation on a form prescribed by the 
 71 Department of Business and Professional Regulation no later than 
 72 March 1 of the year immediately following the year of the 
 73 building’s LEED certification. The Department of Business and 
 74 Professional Regulation may allow applications to be filed 
 75 electronically. The building owner must verify the application 
 76 under oath, under the penalty of perjury, and the application 
 77 must contain all of th