Florida legislation · 2026 Regular Session
Florida S1076: Research and Development Tax Credit
Status: Failed, March 13, 2026
Increasing the combined total amount of tax credits which may be granted to business enterprises under the research and development tax credit, etc.
What the bill says
An act relating to the research and development tax credit; amending s. 220.196, F.S.; increasing the combined total amount of tax credits which may be granted to business enterprises under the research and development tax credit; deleting an obsolete provision; providing applicability; providing an effective date.
From the introduced text, January 5, 2026:
A bill to be entitled An act relating to the research and development tax credit; amending s. 220.196, F.S.; increasing the combined total amount of tax credits which may be granted to business enterprises under the research and development tax credit; deleting an obsolete provision; providing applicability; providing an effective date. Be It Enacted by the Legislature of the State of Florida: Section 1. Paragraph (e) of subsection (2) of section 220.196, Florida Statutes, is amended to read: 220.196 Research and development tax credit.-- (2) TAX CREDIT.-- (e) The combined total amount of tax credits which may be granted to all business enterprises under this section during any calendar year is $50 [DELETED: $9] million [DELETED: , except that the total] [DELETED: amount that may be awarded in the 2018 calendar year is $16.5] [DELETED: million] . Applications may be filed with the department on or after March 20 and before March 27 for qualified research expenses incurred within the preceding calendar year. If the total credits for all applicants exceed the maximum amount allowed under this paragraph, the credits must [DELETED: shall] be allocated on a prorated basis. Section 2. The amendment made by this act to s. 220.196, Florida Statutes, first applies to the 2027 allocation of tax credits for expenses incurred in calendar year 2026. Section 3. …
Sponsors
- Calatayud, Alexis (R, SD-038) · primary sponsor
Latest actions
- : Died in Finance and Tax
- : Now in Finance and Tax
- : Favorable by Commerce and Tourism; YEAS 10 NAYS 0
- : On Committee agenda-- Commerce and Tourism, 01/21/26, 8:30 am, 110 Senate Building
- : Introduced
- : Referred to Commerce and Tourism; Finance and Tax; Appropriations
- : Filed
Votes
- Senate: S 1076 Filed (January 21, 2026): 10 yea, 0 nay, passed
Subjects: Commerce and Tourism, Finance and Tax, Appropriations
Common questions
- What is S1076?
- S1076 is a bill in the Florida Legislature (2026 Regular Session): Research and Development Tax Credit.
- What does S1076 do?
- In its own words: An act relating to the research and development tax credit; amending s. 220.196, F.S.; increasing the combined total amount of tax credits which may be granted to business enterprises under the research and development tax credit; deleting an obsolete provision; providing applicability; providing an effective date.
- What is the status of S1076?
- Failed as of March 13, 2026. Latest action: Died in Finance and Tax (March 13, 2026).
- Who sponsored S1076?
- Calatayud, Alexis (R, SD-038).
- Where is the official record for S1076?
- On the Florida Legislature website: https://www.flsenate.gov/Session/Bill/2026/1076
Source: official Florida record. Tracked by Delilah, AI for legislation across all 50 states and Congress.