summary
Introduced
01/04/2022
01/04/2022
In Committee
02/10/2022
02/10/2022
Crossed Over
Passed
Dead
03/14/2022
03/14/2022
Introduced Session
2022 Regular Session
Bill Summary
An act relating to sales tax exemptions for hydrogen products; amending s. 212.08, F.S.; exempting from sales taxes the purchase of certain machinery and equipment that produce electric or steam energy from burning hydrogen; requiring a proration of the exemption under specified conditions; exempting from sales taxes the purchase of hydrogen used in specified industrial settings; defining the terms "green hydrogen" and "primarily used"; exempting from sales taxes the purchase of certain machinery and equipment involving green hydrogen, certain types of ammonia, and certain electrochemical reactions of green hydrogen and oxygen; authorizing the Department of Revenue to adopt rules to implement the exemptions; providing guidelines for purchasers to use in obtaining an exemption; providing penalties; providing an effective date.
AI Summary
This bill amends the state's sales tax law to provide several exemptions related to hydrogen products. Specifically, it exempts from sales tax the purchase of machinery and equipment used to produce electrical or steam energy from burning hydrogen, as well as the purchase of hydrogen used in certain industrial settings. It also exempts the purchase of machinery and equipment involved in the production, storage, transportation, compression, or blending of "green hydrogen" (hydrogen created using renewable energy sources) and ammonia derived from green hydrogen. Finally, it exempts the purchase of machinery and equipment needed to produce electrical energy from the electrochemical reaction of green hydrogen and oxygen in a fuel cell, with the electrical energy primarily used for manufacturing and production. The bill provides guidelines for obtaining these exemptions and authorizes the state revenue department to adopt rules to implement them.
Committee Categories
Budget and Finance, Business and Industry
Sponsors (1)
Other Sponsors (1)
Tourism, Infrastructure and Energy Subcommittee (House)
Last Action
Died in Ways & Means Committee (on 03/14/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.flsenate.gov/Session/Bill/2022/1163 |
| Bill | https://www.flsenate.gov/Session/Bill/2022/1163/BillText/c1/PDF |
| Analysis - Tourism, Infrastructure and Energy Subcommittee (Post | https://www.flsenate.gov/Session/Bill/2022/1163/Analyses/h1163a.TIE.PDF |
| House Committee Amendment #697333 | https://www.flsenate.gov/Session/Bill/2022/1163/Amendment/697333/PDF |
| Analysis - Tourism, Infrastructure and Energy Subcommittee (Post | https://www.flsenate.gov/Session/Bill/2022/1163/Analyses/h1163.TIE.PDF |
| Bill | https://www.flsenate.gov/Session/Bill/2022/1163/BillText/Filed/PDF |
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