Florida Senate eyes corporate tax cuts after reducing hospital, university funding

Another measure, SB 1246, could apply to three companies, state economists said when they analyzed the bill. But only rental car company Hertz is likely to take advantage of the tax credit created in the bill, and it would save $2.3 million. Hertz is eligible for tax credits under an existing program, but partly due to the economic downturn caused by the coronavirus last year, can’t draw down the credit because its tax bill from isn’t high enough to receive a credit.