The 2023 Florida Statutes (including Special Session C)

Title XIV
TAXATION AND FINANCE

Chapter 220
INCOME TAX CODE

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F.S. 220.19

220.19 Child care tax credits.—

(1) If the credit granted under this section is not fully used in any one year because of insufficient tax liability on the part of the corporation, the unused amount may be carried forward for a period not to exceed 5 years. The carryover credit may be used in a subsequent year when the tax imposed by this chapter for that year exceeds the credit for which the corporation is eligible in that year under this section after applying the other credits and unused carryovers in the order provided by s. 220.02(8).

(2) If a corporation receives a credit for child care facility startup costs, and the facility fails to operate for at least 5 years, a pro rata share of the credit must be repaid, in accordance with the formula:

A = C x (1 - (N/60))

Where:

(a) “A” is the amount in dollars of the required repayment.

(b) “C” is the total credits taken by the corporation for child care facility startup costs.

This repayment requirement is inapplicable if the corporation goes out of business or can demonstrate to the department that its employees no longer want to have a child care facility.

History.—s. 4, ch. 98-293; s. 36, ch. 2000-210; s. 5, ch. 2009-20.

F.S. 220.19 on Google Scholar

F.S. 220.19 on Casetext

Amendments to 220.19

Arrestable Offenses / Crimes under Fla. Stat. 220.19

Level: Degree
Misdemeanor/Felony: First/Second/Third

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 220.19.

Annotations, Discussions, Cases:

Cases from cite.case.law:

In ADLER, COLEMAN CLEARING CORP. B. SIPC v., 247 B.R. 51 (Bankr. S.D.N.Y. 1999)

. . . . § 220.19 (1995). . . . Thus, while the Supplement required 100% margin for “nonmargin, non-exempted securities]”, see id. § 220.19 . . . cross-reference was apparently a typographical error since the Supplement was codified at 12 C.F.R. § 220.19 . . .

SCHREIBER FAMILY CHARITABLE FOUNDATION, v. FIRST FINANCIAL ACCEPTANCE CO. INC. D. J. W. I., 965 F. Supp. 397 (E.D.N.Y. 1997)

. . . . § 220.19(c). .At the time of the events in question, this regulation was codified at 12 C.F.R. § 220.5 . . .

LEVITIN, On v. PAINEWEBBER, INC., 933 F. Supp. 325 (S.D.N.Y. 1996)

. . . . § 220.19(c). . . .

UNITED STATES v. RUSSO,, 74 F.3d 1383 (2d Cir. 1996)

. . . . § 220.19(a) (1995). . . . See 12 C.F.R. § 220.19(a) (1995). . . . .

MILLER, DIRECTOR, DEPARTMENT OF CHILDREN AND FAMILY SERVICES OF ILLINOIS, v. YOUAKIM, 440 U.S. 125 (U.S. 1979)

. . . . § 408 (a) (2); see 45 CFR §§ 220.19 (a), 233.110 (a)(2)(i) (1977). . . . See ibid.; 45 CFR §§ 220.19 (b), (c), 233.110 (a)(2) (ii) (1977). . . .

Dr. ROGERS v. Dr. M. L. BROCKETTE, 588 F.2d 1057 (5th Cir. 1979)

. . . . §§ 220.19, 245.1-245.11. . . .

SOCKWELL v. MALONEY, 431 F. Supp. 1006 (D. Conn. 1976)

. . . . §§ 220.19(d), 233.110(a)(2); 2) the level of benefits received by the aunt for herself, her daughter . . . See 45 C.F.R. §§ 220.19, 233.110(a)(2). . . .

CHILD v. BEAME,, 412 F. Supp. 593 (S.D.N.Y. 1976)

. . . . § 220.19, which provides: “[S]ervices must be provided for children receiving aid in the form of foster . . .