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SB 1672·FL·senate

Tax Credits for Contributions to Assist Homebuyers

FailedFiled Jan 9, 2026
Sponsor: McClain
Latest Action

Died in Finance and Tax

Mar 13, 2026

Summary

The bill would let Florida employers receive a tax credit equal to 100% of contributions they make to eligible employees for down‑payment and closing costs, up to $5,000 per employee. It also provides a credit for contributions to state down‑payment assistance programs. The credit is limited, non‑transferable, and expires in 2030 unless reenacted.

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