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Bill > S1112


FL S1112

FL S1112
Taxation


summary

Introduced
02/15/2019
In Committee
02/22/2019
Crossed Over
Passed
Dead
05/03/2019

Introduced Session

2019 Regular Session

Bill Summary

Revising the definition of the term "inventory," for purposes of ad valorem taxation except for school district levies, to include certain construction equipment owned by a heavy equipment rental dealer; increasing the discount under the affordable housing property exemption; renaming the term "mail order sale" as "remote sale" and revising the definition; providing a sales tax refund to an eligible job training organization on its sales of goods donated to the organization, etc.

AI Summary

This bill makes several changes to Florida's taxation laws: It revises the definition of "inventory" to include certain construction equipment owned by heavy equipment rental dealers for the purposes of ad valorem (property) taxation, except for school district levies. It also increases the discount under the affordable housing property exemption from 50% to 100%. The bill renames "mail order sale" as "remote sale" and revises the definition, and provides a sales tax refund to eligible job training organizations on their sales of donated goods. Additionally, the bill imposes sales tax collection requirements on marketplace providers, allows a tax credit for telehealth services, and makes various other changes to sales and use tax administration and reporting.

Committee Categories

Budget and Finance, Business and Industry

Sponsors (3)

Other Sponsors (1)

Finance and Tax (S)

Last Action

Died in Appropriations (on 05/03/2019)

bill text


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