Bill > H7123

This bill makes several changes to Florida's tax laws: It requires all proceeds from filing fees for trial and appellate proceedings to be deposited into the State Courts Revenue Trust Fund. It provides a tangible personal property assessment limitation for certain agricultural equipment damaged by Hurricane Michael in specific counties. It reduces tax rates on rental or licensee fees for the use of real property. It revises an insurer's authority to reduce certain tax installment payments to determine if a tax penalty is imposed. The bill also includes provisions related to sales tax holidays for disaster preparedness supplies, clothing and school supplies, and exemptions for building materials and fuel used for agricultural purposes after Hurricane Michael. Overall, the bill makes a number of updates to Florida's tax laws, with a focus on providing tax relief in areas impacted by Hurricane Michael.