SB 1182 Florida Senate · 2026 Regular Session

Business Development Incentives for Veterans and Military Spouses

Summary

Business Development Incentives for Veterans and Military Spouses; Authorizing the Department of Revenue to provide specified state tax information to the Department of Veterans’ Affairs and the Department of State under a specified condition; creating the “Florida Veterans and Military Spouses Business Development Act”; requiring the Department of State to waive all fees for certain businesses; requiring the Department of Veterans’ Affairs to establish registration requirements for businesses seeking certain fee waivers and tax exemptions; providing annual reporting requirements, beginning on a specified date, etc.

Bill status died 1 of 4 stages cleared

Introduction

Jan 2026

Committee Review

Floor Vote

Governor

Introduced Jan 13, 2026 Last action Mar 13, 2026

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What changed between versions

S 1182 Filed → S 1182 c1 · 6 edits

MODERATE

The bill was amended to add a new provision allowing the Department of Revenue to share tax information with the Department of Veterans' Affairs and the Department of State to verify eligibility. Additionally, the tax exemption structure was significantly modified to provide a specific $100,000 annual cap for five years, replacing the previous general exemption language, and the definition of eligible businesses was streamlined by removing the requirement for a professional license.

Scope change

The bill's scope expanded to include a formal mechanism for interagency data sharing between the Department of Revenue and the Departments of Veterans' Affairs and State, and the scope of the tax exemption was narrowed to specific dollar amounts and conditions.

REQUIREMENT

Added a new Section 1 amending s. 213.053 to authorize the Department of Revenue to share state tax information with the Department of Veterans' Affairs and the Department of State under a formal agreement.

Added specific registration requirements in s. 295.189(7), including the need for a DD Form 214, verification of military spouse status, and proof that the business meets net worth and employee limits.

FISCAL

Modified the corporate income tax exemption in s. 295.189 to specify a fixed $100,000 annual cap for five years, replacing the previous general exemption language.

DEFINITION

Modified the definition of 'Veteran-owned or military spouse-owned business' by removing the requirement that the business must have a professional license in the name of a veteran or military spouse.

ELIGIBILITY

Modified the fee waiver eligibility in s. 295.189(4) to apply to existing businesses already located in the state, whereas the original version only covered businesses relocating to the state.

ENFORCEMENT

Added a requirement for the Department of Veterans' Affairs to issue a verification letter to applicants and to notify the Department of Revenue and State upon successful verification.

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Feb 11, 2026

Upper · Passed

Pending reference review under Rule 4.7(2) - (Committee Substitute)

upper

Feb 6, 2026

Upper · Passed

On Committee agenda-- Military and Veterans Affairs, Space, and Domestic Security, 02/11/26, 3:00 pm, 301 Senate Building

upper

Jan 28, 2026

Upper · Passed

On Committee agenda-- Military and Veterans Affairs, Space, and Domestic Security, 02/02/26, 3:30 pm, 301 Senate Building --Temporarily Postponed

upper

Jan 13, 2026

Introduced

upper

Jan 12, 2026

Committee

Referred to Military and Veterans Affairs, Space, and Domestic Security; Finance and Tax; Appropriations

upper

1 primary · 0 co-sponsors