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SB 1076FLORIDA · STATEWIDESession 2026dead

Proposed Increase to Florida Research and Development Tax Credit

Original title: Research and Development Tax Credit

March 13, 2026

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The Frame

What this does

If enacted, this change would increase the total pool of state tax subsidies available to qualifying businesses by $41 million annually, potentially impacting the state's general revenue and the tax liability of companies engaged in research activities.

Who is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

Business enterprises

Businesses conducting qualified research may be eligible for a larger share of state tax credits under the increased annual cap.

What changed

Last recorded activity March 13, 2026.

What's next

Introduced.

Summary

This bill proposes increasing the annual cap on state tax credits available to businesses for research and development expenses from $9 million to $50 million. The change would apply to tax credits allocated in 2027 for research expenses incurred during the 2026 calendar year.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.

Why It Matters

If enacted, this change would increase the total pool of state tax subsidies available to qualifying businesses by $41 million annually, potentially impacting the state's general revenue and the tax liability of companies engaged in research activities.

Frequently Asked Questions

How much will the total tax credit pool increase?
The total annual amount of tax credits available to businesses would increase from $9 million to $50 million.
When can businesses apply for these credits?
Applications must be filed with the department between March 20 and March 27 for research expenses incurred in the previous calendar year.
What happens if too many businesses apply for the credits?
If the total requested credits exceed the $50 million limit, the available credits will be allocated to applicants on a .

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Lobbying Activity

AARP

$4,110,000

2026

HEALTH ISSUESMEDICARE/MEDICAIDLAW ENFORCEMENT/CRIME/CRIMINAL JUSTICEPHARMACY

P.L. 119-21, One Big Beautiful Bill Act H.R. 8867, Planning for Long-term Aging Needs (PLAN) Act H.R. 5861, Legacy Act of 2025 H.R. 9393, the Lower Costs, More Transparency Act. H.R. 9396, the Prior Authorization Accountability Act. S. 4916, the Aging with Artificial Intelligence Act. H.R. 8100, Safe Staffing Saves Lives Act. S. 3886, Nurses Belong in Nursing Homes Act. H.R. 6766/S. 3492, the Essential Caregivers Act of 2025. H.R. 7966/S. 4118, Hospice Care Accountability, Reform, and Enforcement (Hospice CARE) Act. S. 2120, the Older Americans Act Reauthorization Act of 2025 H.R. 5575, the Firefighters Assisting Seniors to Emergency Response (FASTER) Act of 2025. H.R. 3954/S. 4641, Improving Access to Medicare Coverage Act. H.R.5554/S.2831, Stand Strong for Medicare Act. S. 3439/H.R. 6735, Connecting Caregivers to Medicare Act and efforts related to the bill S. 1227/H.R. 2491, Alleviating Barriers for Caregivers Act S. 668/H.R. 3183, Supporting Access to Falls Education and Prevention and Strengthening Training Efforts and Promoting Safety Initiatives (SAFE STEPS) for Veterans Act of 2025 CMS-1851-P, Hospice Proposed rule. CMS-1843-P, Skilled Nursing Facility Proposed rule. CMS-1844-P, Home Health Proposed rule. No bill number. Health care transparency. No bill number. Discussed use of artificial intelligence and health data technology. No bill number. Discussed health-related policies and activities around the fall respiratory virus season. No bill number. Discussed health insurance affordability proposals. No bill number. Discussed Nursing Home staffing standards, safety, and quality. No bill number. Discussed Nursing home transparency and ownership requirements. No bill number. Discussed home health, hospice, and long-term care. No bill number. Discussed falls prevention. No bill number. Discussed social isolation. No bill number. Discussed HUD Assisted Living Requirements No bill number. Discussed family caregiving. No bill number. Discussed AARP paper on Medicare Caregiver Training Services. No bill number. Discussed Medicaid community engagement interim final rule, including the family caregiver exemption. No bill number. Discussed the paid direct care workforce in long-term care. No bill number. Discussed the unaffordability of long-term care. No bill number. Discussed Money Follows the Person Rebalancing Demonstration Program and Medicaid HCBS spousal impoverishment protections. No bill number. Discussed Medicaid fraud and family caregivers, Medicaid self-direction programs. No bill number. Discussed sandwich generation family caregiver hearing and submitted a statement for the record discussing family caregivers and sandwich generation caregivers, programs that support them, AARP caregiving resources, and federal policies to support sandwich generation caregivers and caregivers more broadly. No bill number. Discussed long-term care. No bill number. CMS-2453-NC; Medicaid Program; 2028 Medicaid Home and Community-Based Services Quality Measure Set Submitted comments No bill number. Discussed expanding access to home care. No bill number. Discussed the increasing cost of home care No bill number. Discussed HSA use for telehealth chronic care management services/subscriptions. No bill number. Discussed artificial intelligence and technology

ADVANCED POLICY CONSULTING, LLC

on behalf of AMERICAN CEMENT ASSOCIATION (FORMERLY KNOWN AS PORTLAND CEMENT ASSOCIATION)

CHIPOTLE MEXICAN GRILL, INC

on behalf of CHIPOTLE MEXICAN GRILL INC

$580,000

TRINET GROUP INC.

$175,000

TRINET GROUP INC.

$175,000

TRINET GROUP INC.

$220,000

K&L GATES, LLP

on behalf of ENGINEERED TAX SERVICES, INC.

RIDGELINE ADVOCACY GROUP LLC

on behalf of EATON CORPORATION

Voting Record

Sponsors

Discoveries

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift90% confidence

Significant expansion of R&D incentives

The bill seeks to more than quintuple the existing $9 million annual cap on R&D tax credits, signaling a potential shift toward more aggressive business tax incentives.

Connected Entities

Sources

Open source document

openstates.org

Analysis Score

0–100
  • Significance65
    How much this matters to a regular citizen
  • Controversy40
    Intensity of disagreement among stakeholders
  • Entertainment5
    Compellingness for a non-policy-wonk reader
  • Buzz20
    Current news / social attention level

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