FBA LEGISLATIVE ALERT
Governor Rick Scott signed HB 7109 into law today (the Florida Legislature's tax package). Florida's Voluntary Cleanup Tax Credit (VCTC) will now be increased and doubled from $5 million per year to $10 million per year. This takes effect as of July 1, 2017.
The FBA applauds this measure and thanks FDEP, Governor Scott, and the Florida Legislature in supporting this important legislation and the FBA membership, Florida's Brownfield stakeholders, and Rheb Harbison and Dean Cannon (the FBA lobbyists) for all of their incredible work.
Best regards,
Michael Sznapstajler
FBA President
Jason Lichtstein and Jay Nordqvist
FBA Legislative & Policy Committee Co-Chairs
Florida Brownfields Association
1625 Summit Lake Drive, Suite 300
Tallahassee, FL 32317
850-402-2954