Florida SB 238: Public Records/Protection from Discrimination Based on Health Care Choices

Bill Text

238 
Corporate Income Tax 
2025-10-17T05:56:23Z 
Revising the definition of the term “adjusted federal income” to prohibit specified deductions, limit certain carryovers, and require subtractions of certain dividends paid and received within a unitary combined group to determine subtractions from taxable income; repealing a provision relating to the adjusted federal income of affiliated groups; specifying circumstances under which a corporation is considered a member of a unitary combined group; specifying requirements for, limitations on, and prohibitions in calculating and reporting income in a unitary combined group return, etc. 
Original Filed Version 
2026 
S 
2026-07-01T00:00:00Z 
GB 
General Bill 
__ 

 Florida Senate - 2026 SB 238 

 By Senator Smith 

 17-00266-26 2026238__ 
 1 A bill to be entitled 
 2 An act relating to corporate income tax; amending s. 
 3 220.03, F.S.; revising the definition of the term 
 4 “taxpayer”; defining the term “unitary combined 
 5 group”; amending s. 220.13, F.S.; revising the 
 6 definition of the term “adjusted federal income” to 
 7 prohibit specified deductions, limit certain 
 8 carryovers, and require subtractions of certain 
 9 dividends paid and received within a unitary combined 
 10 group to determine subtractions from taxable income; 
 11 conforming provisions to changes made by the act; 
 12 repealing s. 220.131, F.S., relating to the adjusted 
 13 federal income of affiliated groups; creating s. 
 14 220.136, F.S.; specifying circumstances under which a 
 15 corporation is considered a member of a unitary 
 16 combined group; creating s. 220.1363, F.S.; defining 
 17 the term “unitary combined reporting method”; 
 18 specifying requirements for, limitations on, and 
 19 prohibitions in calculating and reporting income in a 
 20 unitary combined group return; requiring all members 
 21 of a unitary combined group to use the unitary 
 22 combined reporting method; defining the term “sale”; 
 23 specifying requirements for designating the filing 
 24 member and the taxable year of the unitary combined 
 25 group; specifying income reporting requirements for 
 26 certain members of the unitary combined group; 
 27 requiring that a unitary combined group return include 
 28 a specified computational schedule and domestic 
 29 disclosure spreadsheet; authorizing the executive 
 30 director of the Department of Revenue to take 
 31 specified actions under certain circumstances; 
 32 authorizing the department to adopt rules and forms; 
 33 providing legislative intent regarding the adoption of 
 34 rules and forms; amending s. 220.14, F.S.; revising 
 35 the calculation for prorating a certain corporate 
 36 income tax exemption to reflect leap years; conforming 
 37 a provision to changes made by the act; amending s. 
 38 220.15, F.S.; revising provisions determining when 
 39 certain sales are considered to have occurred in this 
 40 state; amending ss. 220.183, 220.1845, 220.1875, 
 41 220.1876, 220.1877, 220.18775, 220.1878, 220.19, 
 42 220.191, 220.1991, and 220.51, F.S.; conforming 
 43 provisions to changes made by the act; amending s. 
 44 220.64, F.S.; providing applicability of unitary 
 45 combined group provisions to the franchise tax; 
 46 conforming provisions to changes made by the act; 
 47 amending s. 376.30781, F.S.; conforming cross 
 48 references; providing, beginning on a specified date, 
 49 requirements for corporate income tax return filings 
 50 for certain taxpayers; requiring that certain funds be 
 51 deposited into the General Revenue Fund; providing an 
 52 effective date. 
 53 
 54 Be It Enacted by the Legislature of the State of Florida: 
 55 
 56 Section 1. Paragraph (z) of subsection (1) of section 
 57 220.03, Florida Statutes, is amended, and paragraph (gg) is 
 58 added to that subsection, to read: 
 59 220.03 Definitions.— 
 60 (1) SPECIFIC TERMS.—When used in this code, and when not 
 61 otherwise distinctly expressed or manifestly incompatible with 
 62 the intent thereof, the following terms shall have the following 
 63 meanings: 
 64 (z) “Taxpayer” means any corporation subject to the tax 
 65 imposed by this code, and includes all corporations that are 
 66 members of a unitary combined group for which a consolidated 
 67 return is filed under s. 220.131. However, the term “taxpayer” 
 68 does not include a corporation having no individuals, (including 
 69 individuals employed by an affiliate,) receiving compensation in 
 70 this state as defined in s. 220.15 when the only property owned 
 71 or leased by the said corporation, (including an affiliate,) in 
 72 this state is located at the premises of a printer with which it 
 73 has contracted for printing, if such property consists of the 
 74 final printed product, property which becomes a part of the 
 75 final printed product, or property from which the printed 
 76 product is produced. 
 77 (gg) “Unitary combined group” means a group of corporations 
 78 rela