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Bill > H1093


FL H1093

FL H1093
Sales Tax on Motor Vehicle Leases and Rentals


summary

Introduced
02/23/2023
In Committee
02/28/2023
Crossed Over
Passed
Dead
05/05/2023

Introduced Session

2023 Regular Session

Bill Summary

Provides that sales tax does not apply to certain leases or rentals of motor vehicles.

AI Summary

This bill amends the Florida Statutes to provide that sales tax does not apply to certain leases or rentals of motor vehicles. Specifically, it exempts from the sales tax the lease or rental of a commercial motor vehicle or a motor vehicle used primarily in the trade or business of the lessee or rentee for a period of at least 12 months, as long as the lessor paid sales tax on the purchase price of the vehicle. This change aims to provide tax relief for businesses that lease or rent motor vehicles for their operations.

Committee Categories

Budget and Finance, Business and Industry

Sponsors (2)

Last Action

Died in Commerce Committee (on 05/05/2023)

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