AB68-SSA1,1337 25Section 1337. 71.07 (6e) (c) 3. of the statutes is amended to read:
AB68-SSA1,680,6
171.07 (6e) (c) 3. If an eligible veteran and an eligible spouse file separate
2returns, each spouse may claim a credit under this subsection for property taxes
3based on their respective ownership interest in the eligible veteran's principal
4dwelling or for rent constituting property taxes based on 50 percent of the total rent
5constituting property taxes paid during the taxable year for the eligible veteran's
6principal dwelling
.
AB68-SSA1,1338 7Section 1338 . 71.07 (6m) (c) 4. of the statutes is amended to read:
AB68-SSA1,680,98 71.07 (6m) (c) 4. No credit may be claimed under this subsection by an
9individual who claims the subtraction under s. 71.05 (6) (b) 34. or 34m.
AB68-SSA1,1339 10Section 1339. 71.07 (8b) (a) 5. of the statutes is amended to read:
AB68-SSA1,680,1511 71.07 (8b) (a) 5. “Credit period” means the period of 6 10 taxable years
12beginning with the taxable year in which a qualified development is placed in
13service. For purposes of this subdivision, if a qualified development consists of more
14than one building, the qualified development is placed in service in the taxable year
15in which the last building of the qualified development is placed in service.
AB68-SSA1,1340 16Section 1340. 71.07 (8b) (a) 7. of the statutes is amended to read:
AB68-SSA1,681,217 71.07 (8b) (a) 7. “Qualified development” means a qualified low-income
18housing project under section 42 (g) of the Internal Revenue Code that is financed
19with tax-exempt bonds, pursuant to section 42 (i) (2) described in section 42 (h) (4)
20(A)
of the Internal Revenue Code, allocated the credit under section 42 of the Internal
21Revenue Code,
and located in this state; except that the authority may waive, in the
22qualified allocation plan under section 42 (m) (1) (B) of the Internal Revenue Code,
23the requirements of tax-exempt bond financing and federal credit allocation to the
24extent the authority anticipates that sufficient volume cap under section 146 of the

1Internal Revenue Code will not be available to finance low-income housing projects
2in any year
.
AB68-SSA1,1341 3Section 1341 . 71.07 (8m) of the statutes is created to read:
AB68-SSA1,681,54 71.07 (8m) Flood insurance premiums credit. (a) Definition. In this
5subsection:
AB68-SSA1,681,66 1. “Claimant" means an individual who files a claim under this subsection.
AB68-SSA1,681,87 2. “Flood insurance" means a flood insurance policy that covers the principal
8dwelling of the claimant.
AB68-SSA1,681,159 (b) Filing claims. Subject to the limitations provided in this subsection, for
10taxable years beginning after December 31, 2020, a claimant may claim as a credit
11against the tax imposed under s. 71.02, up to the amount of those taxes, an amount
12equal to 10 percent of the amount of the premiums the claimant paid in the taxable
13year for flood insurance, but the amount of the credit may not exceed $60 in any
14taxable year, except that if the claimant is a married individual filing separately, the
15amount of the credit may not exceed $30 in any taxable year.
AB68-SSA1,681,1716 (c) Limitations. 1. No credit may be claimed under this subsection by a
17part-year resident or a nonresident of this state.
AB68-SSA1,681,1918 2. No credit may be allowed under this subsection unless it is claimed within
19the period specified in s. 71.75 (2).
AB68-SSA1,681,2220 3. No credit may be allowed under this subsection for a taxable year covering
21a period of less than 12 months, except for a taxable year closed by reason of the death
22of the taxpayer.
AB68-SSA1,681,2423 (d) Administration. Subsection (9e) (d), to the extent that it applies to the credit
24under that subsection, applies to the credit under this subsection.
AB68-SSA1,1342 25Section 1342 . 71.07 (8p) of the statutes is created to read:
AB68-SSA1,682,1
171.07 (8p) Family caregiver tax credit. (a) Definitions. In this subsection:
AB68-SSA1,682,32 1. “Claimant" means an individual who files a claim under this subsection for
3amounts paid for qualified expenses to benefit a qualified family member.
AB68-SSA1,682,44 2. “Physician” has the meaning given in s. 36.60 (1) (b).
AB68-SSA1,682,75 3. “Qualified expenses” means amounts paid by a claimant in the year to which
6the claim relates for items that relate directly to the care or support of a qualified
7family member, including the following:
AB68-SSA1,682,98 a. The improvement or alteration of the claimant's primary residence to enable
9or assist the qualified family member to be mobile, safe, or independent.
AB68-SSA1,682,1110 b. The purchase or lease of equipment to enable or assist the qualified family
11member to carry out one or more activities of daily living.
AB68-SSA1,682,1512 c. The acquisition of goods or services, or support, to assist the claimant in
13caring for the qualified family member, including employing a home care aide or
14personal care attendant, adult day care, specialized transportation, legal or financial
15services, or assistive care technology.
AB68-SSA1,682,1716 4. “Qualified family member” means an individual to whom all of the following
17apply:
AB68-SSA1,682,1918 a. The individual is at least 18 years of age during the taxable year to which
19the claim relates.
AB68-SSA1,682,2120 b. The individual requires assistance with one or more daily living activities,
21as certified in writing by a physician.
AB68-SSA1,682,2222 c. The individual is the claimant's family member, as defined in s. 46.2805 (6m).