Bill > H7071

Introduced Session

An act relating to taxation; amending s. 125.0167, F.S.; prohibiting counties from imposing requirements on borrowers other than requiring proof of the borrower's income; providing that borrowers are subject to loan qualifications of lenders licensed to provide mortgage financing; prohibiting counties from creating requirements that restrict participation by eligible borrowers; creating s. 193.4613, F.S.; defining terms; providing for the assessment of land used in the production of aquaculture to be based solely on its agricultural use; providing assessment methodology; requiring property to be assessed for a certain period of time using a specified assessment methodology; authorizing the property appraiser to require audited financial statements; providing applicability; amending s. 194.032, F.S.; conforming provisions to changes made by the act; amending s. 196.031, F.S.; providing that real property includes certain portions; providing construction; amending s. 196.173, F.S.; revising the military operations that qualify certain servicemembers for an additional ad valorem tax exemption; providing applicability; revising the deadlines for applying for additional ad valorem tax exemptions for certain servicemembers for hb7071-04-er ENROLLED , Engrossed 2 2022 Legislature a specified tax roll; authorizing a property appraiser to grant a tax exemption for an untimely filed application if certain conditions are met; providing procedures for an applicant to file a petition with the value adjustment board if an application is denied; providing applicability; amending s. 196.1978, F.S.; revising the events that initiate the 15-year period for certain property to qualify for the affordable housing ad valorem tax exemption; providing applicability; amending s. 196.202, F.S.; increasing the property tax exemption for residents who are widows, widowers, blind persons, or totally and permanently disabled persons; providing applicability; creating s. 197.319, F.S.; defining terms; specifying conditions under which persons whose residential improvements are rendered uninhabitable may receive a refund of taxes originally levied and paid; specifying a formula for determining the amount of the tax refund; providing directives to property appraisers in issuing written statements to the tax collector when granting refunds; providing directives to tax collectors in calculating damage differentials and processing refunds; providing a mechanism for persons to file late applications for a refund of taxes; requiring tax collectors to provide specified hb7071-04-er ENROLLED , Engrossed 2 2022 Legislature information to the Department of Revenue and the governing boards of each affected local government annually; providing applicability; creating s. 197.3195, F.S.; defining the term "residential improvement"; providing for an abatement of ad valorem taxes and non-ad valorem assessments for certain residential improvements destroyed due to a sudden and unforeseen collapse; requiring property appraisers to provide specified statements to tax collectors; providing that owners of parcels meeting certain requirements are not required to remit payments; prohibiting property appraisers and tax collectors from issuing specified notices for parcels meeting certain requirements; requiring property appraisers to notify taxpayers of the abatement of taxes and non-ad valorem assessments under certain circumstances; requiring value adjustment boards to dismiss petitions under certain circumstances; specifying requirements for determining the assessed value of certain new homesteads; providing for a refund of taxes for parcels meeting certain requirements under certain circumstances; providing applicability; providing for future repeal; providing for retroactive application; amending s. 201.25, F.S.; exempting certain federal loans from documentary stamp taxes; amending s. hb7071-04-er ENROLLED , Engrossed 2 2022 Legislature 212.04, F.S.; exempting certain soccer matches held as part of a Fédération Internationale de Football Association World Cup from the sales tax on admissions; exempting certain Formula One Grand Prix race admissions from the sales tax on admissions; exempting certain Daytona 500 race admissions from the sales tax on admissions; amending s. 212.05, F.S.; specifying the sales tax rate on new mobile homes; defining the term "new mobile home"; amending s. 212.055, F.S.; authorizing school capital outlay surtax proceeds to be used for the purchase, lease- purchase, lease, and maintenance of certain school buses; requiring such use of school capital outlay surtax proceeds to be approved by referendum; amending s. 212.08, F.S.; revising an exemption from sales and use tax to include the sale of any trailer purchased by a farmer for certain uses; exempting from sales and use tax the sale of certain wire and fencing used in agricultural production; exempting from sales and use tax the sale of certain machinery and equipment that produce electric or steam energy from burning hydrogen; revising the total amount of community contribution tax credits which may be granted; defining the terms "green hydrogen" and "primarily used"; exempting from sales and use tax certain hb7071-04-er ENROLLED , Engrossed 2 2022 Legislature machinery and equipment involving green hydrogen, certain types of ammonia, and certain electrochemical reactions of green hydrogen and oxygen; providing guidelines for purchasers to use in obtaining an exemption; providing penalties; authorizing the department to adopt rules; amending s. 213.053, F.S.; authorizing the Department of Revenue to make certain information available to the Department of Transportation to administer the credit for qualified railroad reconstruction or replacement expenditures; amending s. 220.02, F.S.; specifying the method for applying certain railroad reconstruction or replacement expenditure credits against the corporate income tax or franchise tax; amending s. 220.03, F.S.; adopting the Internal Revenue Code in effect on January 1, 2022; providing an effective date; providing for retroactive operation; amending s. 220.13, F.S.; revising the definition of the term "adjusted federal income" to adjust for certain railroad reconstruction or replacement expenditure credits; amending s. 220.183, F.S.; revising the total amount of community contribution tax credits that may be granted; amending s. 220.1876, F.S.; revising backward by 1 year the taxable years for which the New Worlds Reading Initiative tax credits are authorized; hb7071-04-er ENROLLED , Engrossed 2 2022 Legislature amending s. 220.1877, F.S.; revising backward by 1 year the taxable years for which credits for contributions to eligible charitable organizations are authorized; creating s. 220.1915, F.S.; defining the terms "qualified expenditures" and "qualifying railroad"; providing a specified tax credit for qualifying railroads against the corporate income tax if specified criteria are met; providing procedures for receiving such tax credit; authorizing the carryforward and transfer of such tax credit; providing procedures for the transfer of such tax credits; providing for the recovery of tax deficiencies related to the credit; authorizing the department to adopt rules; amending s. 402.62, F.S.; increasing the Strong Families tax credit cap; amending s. 624.5105, F.S.; revising the total amount of community contribution tax credits which may be granted; amending s. 624.51056, F.S.; revising backward by 1 year the taxable years for which the New Worlds Reading Initiative tax credits are authorized; amending s. 624.51057, F.S.; revising backward by 1 year the taxable years for which Strong Families tax credits for contributions to eligible charitable organizations are authorized; amending s. 1003.485, F.S.; increasing the allowable carryforward of unused hb7071-04-er ENROLLED , Engrossed 2 2022 Legislature eligible contributions from one state fiscal year to the next for the New Worlds Reading Initiative; increasing the New Worlds Reading Initiative tax credit cap beginning in fiscal year 2023-2024; amending s. 1011.71, F.S.; increasing the amount of revenue from district school taxes a school district may expend per unweighted full-time equivalent student for specified expenses; providing legislative intent; providing for a retroactive refund of certain taxes paid; specifying the treatment of specified contributions under the Strong Families tax credit program and the New Worlds Reading Initiative tax credit program for a specified taxable year; providing directives for receiving a refund of previously paid taxes; prohibiting such refund from exceeding a specified amount; providing a carryforward period; prohibiting refund payments after a specified date; authorizing the department to adopt emergency rules related to the Strong Families tax credit program and the New Worlds Reading Initiative tax credit program; providing for retroactive operation; exempting from sales and use tax the retail sale of certain clothing, wallets, bags, school supplies, learning aids and jigsaw puzzles, and personal computers and personal computer-related accessories during a specified hb7071-04-er ENROLLED , Engrossed 2 2022 Legislature timeframe; defining terms; specifying locations where the tax exemptions do not apply; authorizing certain dealers to opt out of participating in the tax holiday, subject to certain requirements; authorizing the department to adopt emergency rules; exempting from sales and use tax specified disaster preparedness supplies during a specified timeframe; defining terms; specifying locations where the tax exemptions do not apply; authorizing the department to adopt emergency rules; exempting from sales and use tax admissions to certain events, performances, and facilities, certain season tickets, and the retail sale of certain boating and water activity, camping, fishing, general outdoor, and residential pool supplies and sporting equipment during specified timeframes; defining terms; specifying locations where the tax exemptions do not apply; authorizing the department to adopt emergency rules; exempting from the sales and use tax the retail sale of tools used by skilled trade workers during a specified timeframe; specifying locations where the tax exemptions do not apply; authorizing the department to adopt emergency rules; providing for a reduction in certain fuel taxes during a specified timeframe; providing a short title; providing dealer requirements; providing legislative intent; hb7071-04-er ENROLLED , Engrossed 2 2022 Legislature authorizing motor fuel dealers to manage motor fuel inventory to maximize tax reduction benefits; providing criteria; providing for a reduction in certain refunds during the same timeframe; authorizing the executive director of the Department of Revenue to adopt emergency rules for certain purposes; making unlawful certain activities of certain entities relating to the tax reduction; authorizing specified transfers from the General Revenue Fund; providing for expiration; exempting from sales and use tax the retail sale of children's books during a specified timeframe; defining the term "children's books"; exempting from sales and use tax the retail sale of new ENERGY STAR appliances during a specified timeframe; defining the term "ENERGY STAR appliance"; exempting from sales and use tax the retail sale of children's diapers during a specified timeframe; exempting from sales and use tax the retail sale of baby and toddler clothing, apparel, and shoes during a specified timeframe; exempting from sales and use tax the retail sale of impact-resistant windows, impact- resistant doors, and impact-resistant garage doors during a specified timeframe; authorizing the department to adopt emergency rules; reenacting s. 377.809(4)(a), F.S., relating to the Energy Economic hb7071-04-er ENROLLED , Engrossed 2 2022 Legislature Zone Pilot Program, to incorporate the amendment made to s. 212.08, F.S., in a reference thereto; providing effective dates.

Committee Categories

Bobby Payne (R)*,  Kristen Arrington (D),  Bryan Ávila (R),  Robin Bartleman (D),  Melony Bell (R),  Kamia Brown (D),  James Bush (D),  Christine Hunschofsky (D),  Christopher Latvala (R),  Daisy Morales (D),  Toby Overdorf (R),  Marie Woodson (D), 

Other Sponsors (2)

Chapter No. 2022-97 (on 05/06/2022)

Official Document