Florida legislation · 2026 Regular Session
Florida H51: Tax Credits for Housing for Homeless Employees
Status: Failed, March 13, 2026
Creates specified tax credits for certain businesses that provide housing for employees; provides requirements to receive such credit; provides maximum amount of tax credits that may be distributed; provides requirements for the use and approval of such credits.
What the bill says
An act relating to tax credits for housing for homeless employees; creating s. 220.1985, F.S.; providing definitions; creating specified tax credits for certain businesses that provide housing for employees; providing application requirements; requiring the Department of Commerce to approve all applications that meet specified criteria; requiring the department to make certain notifications; providing the maximum amount of tax credits that may be distributed; requiring such credits be approved by the Department of Revenue before use; requiring such approval be included with specified returns…
From the introduced text, September 29, 2025:
An act relating to tax credits for housing for homeless employees; creating s. 220.1985, F.S.; providing definitions; creating specified tax credits for certain businesses that provide housing for employees; providing application requirements; requiring the Department of Commerce to approve all applications that meet specified criteria; requiring the department to make certain notifications; providing the maximum amount of tax credits that may be distributed; requiring such credits be approved by the Department of Revenue before use; requiring such approval be included with specified returns; requiring approval of such credits be done in a specified order; authorizing the Department of Commerce and the Department of Revenue to adopt rules, including emergency rules; authorizing tax credits to be carried forward for a specified period; prohibiting tax credits from being transferred; providing an effective date. Be It Enacted by the Legislature of the State of Florida: Section 1. Section 220.1985, Florida Statutes, is created to read: HB 51 2026 CODING: Words stricken are deletions; words underlined are additions. hb51-00 Page 2 of FLORIDAHOUSEOFREPRESENTATIVES 220.1985 Tax credits for employee housing.— (1) As used in this section, the term: (a) "Converted housing" means property that was sitting idle, unoccupied, unused, or abandoned for at least 24 months before being rehabilitated to serve as workforce housing. (b) "Employee" has the same meaning as established under the federal …