Florida 2021 Regular Session Status: In Committee 1 D cosponsors

HB 129 — Tax Rate Imposed on Net Income

Last action — Died in Ways & Means Committee

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  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed House
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 2021 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Summary

Tax Rate Imposed on Net Income; Increases tax rate on net income.

Bill Text

How this bill changes current law

2 changes Share ↗

AI-generated reading aid from the bill's amendatory text — verify against the official bill.

This bill increases the tax rate on net income for taxpayers in Florida.

  • 220.11

    6.5 → 5 1/2

    The tax rate on net income is changed from 6.5 percent to 5.5 percent.

  • 220.1105

    the tax rate imposed for purposes of s. 220.11(2) and 220.63(2) is → and the tax rate imposed for purposes of s. 220.11(2) and 220.63(2) is 5.5 percent.

    It repeals tax rate adjustments for taxable years beginning on or after January 1, 2022, setting a fixed tax rate of 5.5 percent.

Action History

  1. Died in Ways & Means Committee

  2. 1st Reading (Original Filed Version)

  3. Referred to Ways and Means Committee; Appropriations Committee

  4. Filed

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 163 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (163)

163 members have not signed on to this bill.

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"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

taxation
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Frequently asked questions

What does HB 129 do?
Tax Rate Imposed on Net Income; Increases tax rate on net income.
Who sponsors HB 129?
HB 129 is sponsored by Hinson, Yvonne Hayes (Democrat).
What is the current status of HB 129?
This bill died with 2021 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track HB 129?
Track HB 129 free on One Click Politics — get push/email alerts when it moves.

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Last checked for changes 2 months ago · updated continuously

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