Florida · 2025 Regular Session · Bill
SB 1264: Rural and Urban Business Enterprises
Did not advance Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
- Did not advance
Last official action: ·Record last updated:
Plain-language summary
SB 1264 is a bill introduced in the Florida Senate on February 25, 2025. According to its official title, it concerns: Rural and Urban Business Enterprises. Primary sponsor: Collins, Commerce and Tourism, Appropriations Committee on Transportation, Tourism, and Economic Development. Most recent recorded action (June 16, 2025): Died in Rules, companion bill(s) passed, see SB 2502 (Ch. 2025-199).
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
Rural and Urban Business Enterprises; Revising the purpose of the Department of Commerce; deleting the definition of the term “minority business enterprise”; establishing the Research, Innovation, Science, and Engineering (RISE) Investment Tax Credit Program within the Department of Commerce; requiring the department to authorize the Department of Revenue to issue tax credits to a qualifying private fund if certain requirements are met; requiring the department to issue a notice of revocation and recapture to the qualifying private fund and the Department of Revenue, etc.
Sponsors
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Collins | Primary sponsor | Not applicable (committee) | — | — |
| Commerce and Tourism | Primary sponsor | Not applicable (committee) | — | — |
| Appropriations Committee on Transportation, Tourism, and Economic Development | Primary sponsor | Not applicable (committee) | — | — |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Died in Rules, companion bill(s) passed, see SB 2502 (Ch. 2025-199)
- Indefinitely postponed and withdrawn from consideration
- CS/CS by Appropriations Committee on Transportation, Tourism, and Economic Development read 1st time
- On Committee agenda-- Rules, 04/21/25, 2:00 pm, 412 Knott Building --Temporarily Postponed
- Now in Rules
- Pending reference review under Rule 4.7(2) - (Committee Substitute)
- CS/CS by Appropriations Committee on Transportation, Tourism, and Economic Development; YEAS 13 NAYS 2
- On Committee agenda-- Appropriations Committee on Transportation, Tourism, and Economic Development, 04/15/25, 8:30 am, 110 Senate Building
- Now in Appropriations Committee on Transportation, Tourism, and Economic Development
- Remaining references corrected to Appropriations Committee on Transportation, Tourism, and Economic Development; Rules
- Original reference(s) removed: Finance and Tax
- CS by Commerce and Tourism read 1st time
Showing 12 most recent of 18 actions. Full history