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2009 Florida Code
TITLE XIX PUBLIC BUSINESS
Chapter 288 COMMERCIAL DEVELOPMENT AND CAPITAL IMPROVEMENTS  
PART XIII NEW MARKETS DEVELOPMENT PROGRAM ACT (ss. 288.991-288.9922)
288.9912   New Markets Development Program; purpose.

1288.9912  New Markets Development Program; purpose.--The New Markets Development Program is established to encourage capital investment in rural and urban low-income communities by allowing taxpayers to earn credits against specified taxes by investing in qualified community development entities that make qualified low-income community investments in qualified active low-income community businesses to create and retain jobs.

History.--ss. 5, 15, ch. 2009-50.

1Note.--Expires December 31, 2022, pursuant to s. 15, ch. 2009-50.

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