HB 311 Florida House · 2026 Regular Session

Tax Credits for Contributions to Assist Homebuyers

Summary

Tax Credits for Contributions to Assist Homebuyers; Authorizing certain taxpayers to receive tax credit for specified contributions; providing requirements for the use of such credits; requiring taxpayer to submit certain application, information, & documentation; requiring DOR to approve applications in specified manner; providing maximum amount of credits authorized; authorizing unused credits to carryforward; prohibiting sale or transfer of certain credits.

Issues: ✓ Budget & Taxes

Bill status died 3 of 5 stages cleared

Introduction

Nov 2025

Committee Review

Feb 2026

House Passage

Feb 2026

Senate Passage

Governor

Introduced Nov 4, 2025 Last action Mar 13, 2026

Maddy AI version diff · 1 comparison

What changed between versions

H 311 Filed → H 311 c1 · 6 edits

MODERATE

The bill was revised to expand its scope beyond a single tax credit to include multiple credits across different tax categories (income, insurance, and corporate). The eligibility criteria were updated to include moderate-income requirements and specific residency history, and the legislation now directs the creation of a new statutory part to organize these housing tax incentives.

Scope change

The bill's scope expanded from a single homebuyer workforce tax credit to a broader framework establishing multiple tax credits for contributions, including credits against corporate income tax and insurance premium taxes.

SCOPE

The legislative intent was changed to create a new Part VIII of Chapter 420 instead of a single section, allowing for a more structured set of housing tax credits.

New provisions authorize tax credits against corporate income tax and insurance premium taxes for qualifying contributions.

ELIGIBILITY

Eligible employees must now be full-time, moderate-income persons, and must not have owned a home in the state for the three years prior to purchase.

REQUIREMENT

The bill now requires the Department of Revenue to approve applications in a specified manner rather than strictly on a first-come, first-served basis.

DEFINITION

New definitions were added for 'Maximum annual tax credit amount' and 'Tax due' to clarify funding limits and applicable tax chapters.

TIMELINE

The bill was updated to reflect a 14-page committee version with expanded text, indicating significant substantive additions beyond the original filing.

Floor votes · House Feb 24, 2026

How they voted

23–0

Passed · 4 other

Total votes 27

Feb 24, 2026

D Democratic8

6 Yea 2

75% Yea

R Republican19

17 Yea 2

89% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Feb 25, 2026

Lower · Passed

Reported out of Commerce Committee

lower

Feb 24, 2026

House · Passed

House Vote: pass (23-0-4)

house

Feb 24, 2026

Lower · Passed

Favorable by Commerce Committee

lower

Feb 20, 2026

Lower · Passed

Added to Commerce Committee agenda

lower

Feb 11, 2026

Lower · Passed

Now in Commerce Committee

lower

Feb 11, 2026

Committee

Referred to Commerce Committee

lower

Feb 10, 2026

Lower · Passed

Reported out of Ways & Means Committee

lower

Feb 10, 2026

Lower · Passed

Favorable with CS by Ways & Means Committee

lower

Feb 6, 2026

Lower · Passed

PCS added to Ways & Means Committee agenda

lower

Nov 12, 2025

Lower · Passed

Now in Ways & Means Committee

lower

Nov 12, 2025

Committee

Referred to Commerce Committee

lower

Nov 12, 2025

Committee

Referred to Housing, Agriculture & Tourism Subcommittee

lower

Nov 12, 2025

Committee

Referred to Ways & Means Committee

lower

1 primary · 3 co-sponsors