Florida § 220.1895 Rural Job Tax Credit and Urban High-Crime Area Job Tax Credit

Florida Statutes

§ 220.1895 — Rural Job Tax Credit and Urban High-Crime Area Job Tax Credit

Florida § 220.1895

TitleXIV

Ch. 220INCOME TAX CODE

This text of Florida § 220.1895 (Rural Job Tax Credit and Urban High-Crime Area Job Tax Credit) is published on Counsel Stack Legal Research, covering Florida primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Fla. Stat. § 220.1895 (2026).

Text

There shall be allowed a credit against the tax imposed by this chapter amounts approved by the Department of Commerce pursuant to the Rural Job Tax Credit Program in s. 212.098 and the Urban High-Crime Area Job Tax Credit Program in s. 212.097. A corporation that uses its credit against the tax imposed by this chapter may not take the credit against the tax imposed by chapter 212. If any credit granted under this section is not fully used in the first year for which it becomes available, the unused amount may be carried forward for a period not to exceed 5 years. The carryover may be used in a subsequent year when the tax imposed by this chapter for such year exceeds the credit for such year under this section after applying the other credits and unused credit carryovers in the order prov

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There shall be allowed a credit against the tax imposed by this chapter amounts approved by the Department of Commerce pursuant to the Rural Job Tax Credit Program in s. 212.098 and the Urban High-Crime Area Job Tax Credit Program in s. 212.097. A corporation that uses its credit against the tax imposed by this chapter may not take the credit against the tax imposed by chapter 212. If any credit granted under this section is not fully used in the first year for which it becomes available, the unused amount may be carried forward for a period not to exceed 5 years. The carryover may be used in a subsequent year when the tax imposed by this chapter for such year exceeds the credit for such year under this section after applying the other credits and unused credit carryovers in the order provided in s. 220.02(8).