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Bill > H0429


FL H0429

FL H0429
Tax Absorption


summary

Introduced
10/22/2019
In Committee
02/20/2020
Crossed Over
Passed
Dead
03/14/2020

Introduced Session

2020 Regular Session

Bill Summary

An act relating to sales tax absorption; amending s. 2 212.07, F.S.; authorizing dealers, subject to certain 3 conditions, to advertise or hold out to the public 4 that they will pay sales tax on behalf of the 5 purchaser; amending s. 212.15, F.S.; conforming a 6 provision to changes made by the act; providing an 7 effective date. 8

AI Summary

This bill amends Florida's sales tax law to allow dealers to advertise or hold out to the public that they will pay the sales tax on behalf of the purchaser, subject to certain conditions. Specifically, the dealer must expressly state on any charge ticket, sales slip, or invoice that they will pay the sales tax to the state, and the sale price and tax amount must be separately stated. The bill also clarifies that a purchaser who cannot prove the sales tax was paid is directly liable to the state for any tax, interest, or penalty due. The bill makes conforming changes to related provisions and takes effect on July 1, 2020.

Committee Categories

Budget and Finance, Business and Industry

Sponsors (1)

Other Sponsors (1)

Ways and Means Committee (House)

Last Action

Died in Commerce Committee (on 03/14/2020)

bill text


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