Florida HB 847: Occupational Therapy

Bill Text

HB 847 2026

CODING: Words stricken are deletions; words underlined are additions.
hb847-00
Page 1 of 2
F L O R I D A H O U S E O F R E P R E S E N T A T I V E S

A bill to be entitled 1
An act relating to the research and development tax 2
credit; amending s. 220.196, F.S.; increasing the 3
combined total amount of credits which may be granted 4
to business enterprises during any calendar year; 5
deleting obsolete language; providing applicability; 6
providing an effective date. 7
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Be It Enacted by the Legislature of the State of Florida: 9
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Section 1. Paragraph (e) of subsection (2) of section 11
220.196, Florida Statutes, is amended to read: 12
220.196 Research and development tax credit.— 13
(2) TAX CREDIT.— 14
(e) The combined total amount of tax credits which may be 15
granted to all business enterprises under this section during 16
any calendar year is $50 $9 million, except that the total 17
amount that may be awarded in the 2018 calendar year is $16.5 18
million. Applications may be filed with the department on or 19
after March 20 and before March 27 for qualified research 20
expenses incurred within the preceding calendar year. If the 21
total credits for all applicants exceed the maximum amount 22
allowed under this paragraph, the credits shall be allocated on 23
a prorated basis. 24
Section 2. The amendment made by this act to s. 220.196, 25

HB 847 2026

CODING: Words stricken are deletions; words underlined are additions.
hb847-00
Page 2 of 2
F L O R I D A H O U S E O F R E P R E S E N T A T I V E S

Florida Statutes, first applies to the 2027 allocation of tax 26
credits for expenses incurred in calendar year 2026. 27
Section 3. This act shall take effect July 1, 2026. 28