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Florida · 2026 Regular Session · Bill

SPB 7048: Internal Revenue Code

Introduced Official data

  1. Introduced
  2. In committee
  3. Passed one chamber
  4. Passed both chambers
  5. Enacted

Last official action: ·Record last updated:

Plain-language summary

SPB 7048 is a bill introduced in the Florida Senate on February 20, 2026. According to its official title, it concerns: Internal Revenue Code. Primary sponsor: Finance and Tax. Most recent recorded action (February 20, 2026): On Committee agenda-- Finance and Tax, 02/25/26, 1:30 pm, 301 Senate Building.

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.

Internal Revenue Code; Revising the date of adoption of the Internal Revenue Code and other federal income tax statutes for purposes of the state corporate income tax; prohibiting retroactivity of certain Internal Revenue Code amendments; specifying that a limitation, a deduction, an expense, or an amortization may only affect the computation of certain taxable income beginning after a specified date; requiring taxpayers to add to and deduct from taxable income in a specified manner; revising adjustments taxpayers must make to adjusted federal income with respect to certain tax benefits, etc.

Sponsors

NameRolePartyChamberDistrict
Finance and TaxPrimary sponsorNot 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

  1. On Committee agenda-- Finance and Tax, 02/25/26, 1:30 pm, 301 Senate Building
  2. Submitted for consideration by Finance and Tax

Sources

  1. Open States / Plural (data from the official legislature website)
  2. Official legislature source