§ 624.51057, Fla. Stat. · Part IV. FEES, TAXES, AND FUNDS
Credit for contributions to eligible charitable organizations.
Text — 2026 Florida Statutes
(1) For taxable years beginning on or after January 1, 2021, there is allowed a credit of 100 percent of an eligible contribution made to an eligible charitable organization under s. 402.62 against any tax due for a taxable year under s. 624.509(1) after deducting from such tax deductions for assessments made pursuant to s. 440.51; credits for taxes paid under ss. 175.101 and 185.08; credits for income taxes paid under chapter 220; and the credit allowed under s. 624.509(5), as such credit is limited by s. 624.509(6). An eligible contribution must be made to an eligible charitable organization on or before the date the taxpayer is required to file a return pursuant to ss. 624.509 and 624.5092. An insurer claiming a credit against premium tax liability under this section is not required to pay any additional retaliatory tax levied under s. 624.5091 as a result of claiming such credit. Section 624.5091 does not limit such credit in any manner.
(2) Section 402.62 applies to the credit authorized by this section.
Notes and commentary — not statutory text
History
s. 42, ch. 2021-31; s. 53, ch. 2022-4; s. 36, ch. 2022-97.
Note 1
Note.—Section 41, ch. 2022-97, provides that “[t]he Department of Revenue is authorized, and all conditions are deemed met, to adopt emergency rules under s. 120.54(4), Florida Statutes, for the purpose of implementing changes related to the Strong Families tax credit program and the New Worlds Reading Initiative tax credit program made by this act. Notwithstanding any other law, emergency rules adopted under this section are effective for 6 months after adoption and may be renewed during the pendency of procedures to adopt permanent rules addressing the subject of the emergency rules.”
Source of truth
- Edition
- 2026 Florida Statutes
- Official file
- https://www.leg.state.fl.us/Statutes/index.cfm?App_mode=Display_Statute&URL=0600-0699/0624/0624.html
- Text hash
- sha256 3e767220688bfbd0b90dd07463f8210191a577add685bc2441eab6d375fe5715
- Composed by
- compose_v2.py 2026-10-04: the Legislature's structured HTML read in document order; verify_v2.py's independent reading agrees character for character
- composed from the Legislature's structured HTML (one source of text; no PDF extraction); a second, independent reading of the same bytes agrees character for character
- 1 footnote reference mark(s) are omitted from the text; the notes they mark are under Notes
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
The Florida Statutes
- § 175.101, Fla. Stat.State excise tax on property insurance premiums authorized; procedure.Printed as ss. 175.101 and 185.08
- § 185.08, Fla. Stat.State excise tax on casualty insurance premiums authorized; procedure.Printed as ss. 175.101 and 185.08
- Fla. Stat. ch. 220INCOME TAX CODEPrinted as chapter 220
- § 402.62, Fla. Stat.Strong Families Tax Credit.Printed as s. 402.62
Cited by 2 provisions
Provisions in this library whose text cites § 624.51057, Fla. Stat.. Each shows the citation as that text prints it.
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.