Florida · 2026 Regular Session · Bill
SB 238: Corporate Income Tax
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 238 is a bill introduced in the Florida Senate on October 17, 2025. According to its official title, it concerns: Corporate Income Tax. Primary sponsor: Smith. Most recent recorded action (March 13, 2026): Died in Commerce and Tourism.
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.
Corporate Income Tax; Revising the definition of the term “adjusted federal income” to prohibit specified deductions, limit certain carryovers, and require subtractions of certain dividends paid and received within a unitary combined group to determine subtractions from taxable income; repealing a provision relating to the adjusted federal income of affiliated groups; specifying circumstances under which a corporation is considered a member of a unitary combined group; specifying requirements for, limitations on, and prohibitions in calculating and reporting income in a unitary combined group return, etc.
Sponsors
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Smith | 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 Commerce and Tourism
- Introduced
- Referred to Commerce and Tourism; Finance and Tax; Appropriations
- Filed