Fla. lawmakers move to help Darden recoup more from tax credits

A bill introduced in the Florida legislature aims to help Darden Restaurants and other companies that aren't currently able to recoup all of the tax credits won under incentive deals, but not until after the 20-year incentive period expires. The parent of Red Lobster and Olive Garden was originally granted about $7.5 million in annual tax credits when it agreed to build its headquarters in Orange County, but the global recession has resulted in lower tax bills.

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Orlando Sentinel (Fla.) (tiered subscription model)

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