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Bill > H7063


FL H7063

FL H7063
Taxation


summary

Introduced
04/13/2023
In Committee
04/27/2023
Crossed Over
05/05/2023
Passed
05/05/2023
Dead
Signed/Enacted/Adopted
05/26/2023

Introduced Session

2023 Regular Session

Bill Summary

Revises provisions related to taxation including tourist tax reimbursement, homestead exemptions, exemptions for religious & educational property, refunds of certain property taxes, discretionary sales surtaxes, taxes on certain loans, surtaxes found to be unconstitutional, exemptions from sales & use taxes, tax on rental & license fees, tax credits for certain systems & equipment & Strong Families tax credits.

AI Summary

This bill revises various provisions related to taxation in Florida, including: - Allowing counties to levy an additional 1% tourist development tax if approved by referendum, and requiring referendums for certain other tourist development taxes and surtaxes. - Prohibiting counties from levying special assessments for fire protection services on agricultural lands, with some exceptions. - Expanding the educational property exemption to include certain leasehold interests. - Creating a tax refund for residential improvements rendered uninhabitable by a catastrophic event. - Providing credits against corporate income tax for manufacturing of human breast milk derived fortifiers, residential graywater systems, and payments to the Horseracing Integrity and Safety Authority. - Establishing sales tax holidays for various items, including disaster preparedness supplies, clothing and school supplies, and certain tools. - Exempting the sale of ENERGY STAR appliances and gas ranges/cooktops from sales tax for one year.

Sponsors (9)

Other Sponsors (1)

Ways & Means Committee (House)

Last Action

Chapter No. 2023-157 (on 05/26/2023)

bill text


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