Bill > H0817

This bill makes several changes to Florida's tax laws, primarily focusing on the taxation of rental properties and production services. The bill repeals Section 212.031, which previously imposed taxes on commercial real property rentals, and eliminates a tax credit for contributions to nonprofit scholarship-funding organizations. It introduces a detailed definition of "qualified production services" for the entertainment industry, which includes a wide range of activities related to film and media production, such as photography, sound recording, set design, and various technical and creative roles. The bill also modifies existing statutes related to data centers, air carriers, and other specialized industries to remove references to the repealed commercial rental tax. Specifically, it updates provisions for entertainment industry production companies, high-speed rail systems, and the Florida Turnpike Enterprise, removing previous tax-related language. The changes aim to streamline tax regulations, particularly for industries like film production and technology, and provide more clarity on tax exemptions. The bill is set to take effect on July 1, 2025, giving businesses and state agencies time to prepare for these regulatory changes.

Budget and Finance

https://www.flsenate.gov/Session/Bill/2025/817