Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Resilient Buildings Tax Credit topic
No spam. Unsubscribe anytime.
Committee backs resilient-buildings tax credit with substitute amendment adding university advisors
Summary
Senate Bill 62, creating a corporate income tax credit for certified resilient buildings, was reported favorably after a substitute amendment changed the implementing agency reference to DBPR and added advisory-council seats for FIU and UCF.
Get email alerts on the Resilient Buildings Tax Credit topic
No spam. Unsubscribe anytime.
The committee reported favorably on Senate Bill 62, which creates a resilient-building tax credit for owners of buildings certified under specified resilience-focused green building standards beginning in taxable years on or after January 1, 2026.
Sponsor Chair Rodriguez explained the program establishes a corporate income tax credit for owners of resilient buildings certified under specified programs. During the hearing the sponsor offered a substitute amendment that replaces references to the Department of Environmental Protection with the Department of Business and Professional Regulation (DBPR) —the agency that oversees the Florida Building Code—and adds two advisory-council members from Florida International University and the University of Central Florida. The substitute also adjusted initial appointment terms and changed an advisory council repeal date.
Nut graf: proponents said the credit would encourage building owners to harden properties against storms and reduce operational costs, while aligning state oversight with the agency responsible for the building code. The Green Building Initiative requested adding the Green Globes certification alongside LEED in the bill’s list of eligible certifications.
Witnesses waiving in support included representatives of the Green Building Initiative and the American Institute of Architects Florida chapter. The substitute amendment was adopted and the committee reported the bill favorably.
Ending: the bill as amended moves forward with DBPR as the implementing agency and added academic advisory positions; the committee record does not include a fiscal note or estimated revenue impact tied to the tax credit in the hearing transcript.
