Bill > S7034

Introduced Session

An act relating to taxation; amending s. 125.0104, F.S.; specifying an annual limit on the amount of tourist development tax revenues used for a specified purpose; amending s. 193.4516, F.S.; providing that tangible personal property owned and operated by a citrus packinghouse or processor is deemed to have a certain market value under certain circumstances and for certain purposes for a specified tax roll; defining terms; requiring an applicant for a certain assessment to file an application with the property appraiser on or before a specified date; authorizing applicants to file a certain petition with the value adjustment board under certain circumstances; specifying the timeframe in which such petition must be filed; providing retroactive applicability; amending s. 193.461, F.S.; revising the timeframe in which certain agricultural lands may be classified as agricultural lands when taken out of production by a state or federal eradication or quarantine program; requiring that such lands continue to be classified as agricultural lands and be assessed at a certain de minimis value pursuant to certain requirements; revising the timeframe in which certain agricultural lands continue to be classified as agricultural lands and be assessed at a certain de minimis value; providing applicability; amending s. 194.014, F.S.; revising the timeframe in which a refund of a certain overpayment of ad valorem taxes accrues interest; amending s. 194.032, F.S.; requiring that the notice for scheduled appearances before the value adjustment board provide certain information; requiring the board to allow petitioners to appear at a hearing using certain electronic or other communication equipment if such petitioners request in writing to do so within a specified timeframe; requiring the board to ensure that all communication equipment used at hearings is adequate and functional; requiring that the hearings remain open to the public through specified means; requiring the board to establish specified uniform methods for the hearings; requiring the petitioner to submit and transmit evidence to the board in a specified manner; authorizing certain counties to opt out of providing hearing using electronic or other communication equipment; amending s. 194.171, F.S.; authorizing certain taxpayers to bring a specified action; providing applicability; amending s. 196.151, F.S.; requiring property appraisers to notify applicants not entitled to a tax exemption in a specified manner; providing construction and applicability; amending s. 196.198, F.S.; exempting from ad valorem taxes any portion of property used as a child care facility that has achieved Gold Seal Quality status; requiring that the lessee child care facility operator be considered eligible to derive the benefit of the exemption upon a specified demonstration; requiring the owner of such property to make certain disclosures to the lessee child care facility operator; providing applicability; amending s. 202.19, F.S.; revising the date after which a specified tax may be increased; amending s. 202.34, F.S.; authorizing the Department of Revenue to respond to certain contact initiated by a taxpayer; authorizing taxpayers to provide certain information to the department; authorizing the department to examine certain information; specifying that such examination does not commence an audit if certain conditions are met; providing construction; requiring the taxpayer to object in writing before a specified timeframe under certain circumstances; requiring that a tolling period be considered lifted for a specified timeframe if certain conditions are met; authorizing the department to adopt rules; creating s. 211.02535, F.S.; providing a credit against oil and gas production taxes under the Home Away From Home Tax Credit beginning on a specified date; prohibiting the combined credit allowed under certain provisions from exceeding a certain amount; requiring that a specified credit be taken in a certain order under certain provisions, as applicable; prohibiting any remaining liability from exceeding a certain amount; providing applicability; amending s. 212.02, F.S.; revising the definitions of the terms “sales” and “sales price”; amending s. 212.06, F.S.; defining the term “electronic database”; providing that a forwarding agent is not required to submit an application to register as a dealer under certain circumstances; requiring a forwarding agent to surrender its certificate to the department under certain circumstances; requiring the department to report the state sales tax rate and discretionary sales surtax rate in a specified system as zero for certain certified addresses; providing applicability; prohibiting certain dealers from collecting certain taxes under certain circumstances; revising the liability of a dealer under certain circumstances; amending s. 212.08, F.S.; exempting the sale of gold, silver, and platinum bullion from the state sales tax; exempting certain clothing from the state sales tax; defining the term “clothing”; providing construction and applicability; amending s. 212.13, F.S.; authorizing the department to respond to certain contact and authorizing the taxpayer to provide certain information to the department; authorizing the department to examine certain information provided by certain persons; specifying that examination of such information does not commence an audit under certain circumstances; providing construction; requiring the taxpayer to object in writing to the department before the issuance of an assessment or the objection is waived; specifying that the tolling period shall be considered lifted for a specified timeframe under certain circumstances; authorizing the department to adopt rules; creating s. 212.18345, F.S.; providing a credit against sales taxes payable by direct pay permitholders under the Home Away From Home Tax Credit beginning on a specified date; requiring that the amount of tax due used to calculate the credit include certain contributions; requiring the department to disregard certain tax credits for a specified reason; providing applicability; requiring a dealer to file tax returns and pay taxes electronically under certain circumstances; amending s. 213.053, F.S.; authorizing the department to provide state tax information under certain circumstances; amending s. 213.37, F.S.; revising the manner of verifying exemption applications, refund applications, and certain tax returns; amending s. 220.02, F.S.; revising legislative intent; amending s. 220.03, F.S.; revising the date of adoption of the Internal Revenue Code and other federal income tax statutes for purposes of the state corporate income tax; providing retroactive operation; creating s. 220.18775, F.S.; providing a credit against the corporate income tax under the Home Away From Home Tax Credit beginning on a specified date; requiring that an eligible contribution be made on or before a specified date; providing that such credit is reduced by a specified calculation; authorizing the credit on a consolidated return basis under certain circumstances, subject to a certain limitation; providing applicability; providing certain conditions if a taxpayer applies and is approved for a specified credit; amending s. 288.0001, F.S.; revising the schedule for the Office of Economic and Demographic Research and Office of Program Policy Analysis and Government Accountability to provide a specified analysis; creating s. 288.062, F.S.; creating the Rural Community Investment Program within the Department of Commerce; defining terms; requiring, by a specified date, the Department of Commerce to begin accepting applications for approval as a rural fund; specifying requirements for such applications; requiring the department to review such applications in a specified manner; authorizing the department to ask the applicant for additional information; requiring the department to approve or deny such applications within a specified timeframe; requiring the department to deem applications received on the same day as having been received simultaneously; specifying, beginning in a specified fiscal year, the tax credit cap in each state fiscal year; prohibiting the department from approving a specified cumulative amount of tax credits; requiring the department to deny applications under certain circumstances; specifying that a tax credit certified under certain provisions cannot be taken against certain state tax liability until a specified time; requiring the department to provide a specified certification; specifying the contents of such certification; requiring the rural fund to collect investor contributions; requiring the rural fund’s collected investor contributions to equal the investment authority; requiring the rural fund to send a specified notification to the department; specifying the contents of such notification; requiring the department to revoke the rural fund’s certification under certain circumstances; specifying that the corresponding investment authority will not count toward certain tax credit limitation; requiring the department to distribute revoked investment authority among certain rural funds; requiring the department to issue a final order approving the tax credit upon receipt of certain documentation; specifying the contents of such final order; requiring that the amount of tax credits be equal to a certain amount; requiring the department to provide the final order to the rural fund and the Department of Revenue; specifying that taxpayers that receive a final order are vested with an earned credit against tax liability; specifying the manner the taxpayer may claim the credit; prohibiting the tax credit from being refunded, sold, or transferred; providing exceptions; providing requirements and procedures for transfers of the tax credit; requiring the Department of Revenue to recapture all or a portion of the tax credit if certain conditions are met; requiring that recaptured funds be deposited into the General Revenue Fund; requiring the department to provide notice to certain persons and the Department of Revenue of proposed recapture of tax credits; specifying that the rural fund has a specified timeframe to cure deficiencies and avoid recapture of the tax credit; requiring the department to issue a final order of recapture if certain conditions are met; requiring that such final order be provided to certain persons and the Department of Revenue; specifying that only one correction is permitted for each rural fund during a specified period; specifying that certain persons who submit fraudulent information are liable to the department or the Department of Revenue for certain costs and penalties; specifying such penalty is in addition to other penalties; requiring the department to provide revoked tax credits in a specified manner; requiring the department to approve remaining tax credits in a specified manner; authorizing the department to waive certain requirements if certain conditions are met; authorizing a rural fund to request a written opinion from the department; requiring the department to provide the rural fund with a determination letter no later than a specified timeframe; authorizing a rural fund to apply to the department to exit the program; requiring the department to approve or deny such application within a specified period of time; specifying that certain facts are sufficient evidence that the rural fund is eligible for exit; specifying requirements for a notice of denial; prohibiting the department from revoking a tax credit certificate after the rural fund exits the program; authorizing the department to take certain actions to recapture tax credits; requiring the department to deposit recaptured tax credits into the General Revenue Fund; requiring a rural fund to submit specified reports to the department at a specified time; specifying the requirements of such reports; specifying that rural funds that issue eligible investments are deemed to be a recipient of state financial assistance; specifying that certain entities are not subrecipients for certain purposes; authorizing the department and the Department of Revenue to conduct examinations; requiring the department and the Department of Revenue to adopt rules; prohibiting the department from accepting new applications after a certain date; providing an expiration date; amending s. 402.62, F.S.; revising the responsibilities of eligible charitable organizations receiving a contribution under the Strong Families Tax Credit; creating s. 402.63, F.S.; defining terms; requiring the Department of Health to designate organizations that meet specified criteria as eligible charitable organizations for purposes of the Home Away From Home Tax Credit; prohibiting the department from designating certain organizations as eligible charitable organizations; specifying requirements for eligible charitable organizations that receive contributions; specifying responsibilities of the department; specifying a limitation on, and application procedures for, the tax credit; specifying requirements and procedures for, and restrictions on, the carryforward, conveyance, transfer, assignment, and rescindment of credits; specifying requirements and procedures for the Department of Revenue; providing construction; authorizing the Department of Revenue, the Division of Alcoholic Beverages and Tobacco of the Department of Business and Professional Regulation, and the Department of Health to develop a cooperative agreement and adopt rules; authorizing certain interagency information sharing; amending s. 561.121, F.S.; revising the distribution of funds collected from certain excise taxes and state license taxes; revising the amount that such distributions may not exceed; creating s. 561.12135, F.S.; providing a credit against excise taxes on certain alcoholic beverages under the Home Away From Home Tax Credit beginning on a specified date; prohibiting the credit from exceeding a certain amount; requiring the Division of Alcoholic Beverages and Tobacco of the Department of Business and Professional Regulation to disregard certain tax credits for a specified reason; providing applicability; amending s. 624.509, F.S.; revising the order of credits and deductions taken against a specified tax; creating s. 624.51059, F.S.; providing a credit against the insurance premium tax under the Home Away From Home Tax Credit for certain taxable years; specifying that certain insurers are not required to pay additional retaliatory tax; providing that a certain provision does not limit the credit; providing applicability; amending s. 1002.945, F.S.; conforming provisions to changes made by the act; exempting from sales and use tax specified disaster preparedness supplies during a specified timeframe; providing applicability; authorizing the Department of Revenue 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 supplies, camping supplies, fishing supplies, general outdoor supplies, residential pool supplies, and electric scooters during specified timeframes; defining terms; providing applicability; requiring the purchaser to collect tax on the full sales price of resold admissions; authorizing the department to adopt emergency rules; exempting from sales and use tax the retail sale of certain wallets, bags, school supplies, learning aids and jigsaw puzzles, and personal computers and personal computer related accessories during a specified timeframe; defining terms; providing applicability; requiring dealers choosing not to participate in the tax holiday to notify the department by a specified date in writing and post a copy of such notice at their places of business; authorizing the department to adopt emergency rules; exempting from sales and use tax the retail sale of certain tools during a specified timeframe; providing applicability; authorizing the department to adopt emergency rules; exempting from sales and use tax the retail sale of ammunition, firearms, certain firearm accessories, bows, and crossbows, and certain bow and crossbow accessories; defining terms; authorizing the department to adopt emergency rules; providing a one-time credit for certain motor vehicle registrations; specifying the value of such credits; defining the term “ancillary fees”; specifying that certain motor vehicle registrations are eligible for the credit; specifying when such credit shall be granted; requiring the Department of Highway Safety and Motor Vehicles to apply the credits in a specified manner; requiring the department to adjust the total amount owed for a new or renewal registration under certain provisions to provide the credit; requiring the department to account for the credit against the first year of registration; providing construction; prohibiting the credit from being granted under certain circumstances; specifying that a registrant may only receive one credit for each vehicle registered during a specified timeframe; authorizing persons to elect to pay biennially and to pay a certain amount; authorizing the department to adopt emergency rules; specifying the timeframe in which such rules are effective; authorizing the renewal of such rules; authorizing, beginning on a specified date, the Chief Financial Officer to transfer certain funds to the department; specifying a limitation on such transfer during a specified timeframe; authorizing the department to request monthly transfers from the Chief Financial Officer; requiring the department to provide the Chief Financial Officer with certain information; requiring the department, beginning on a specified date, to transfer certain funds for a certain distribution; authorizing the department to retain certain revenues; prohibiting funds transferred by the Chief Financial officer from being held under certain provisions; providing an expiration date; providing legislative findings; requiring the Office of Economic and Demographic Research to conduct a specified study relating to property tax; specifying the purpose and requirements of such study; requiring the office to submit a report to the Legislature by a specified date; requiring the office to develop a series of findings and an array of policy options; specifying what such policy options may include; requiring that the policy options attempt to balance certain revenues and expenditures; authorizing the office to contract with certain universities, organizations, and experts; requiring the Department of Revenue to provide data or technical assistance; requiring the office to submit the report to the Legislature by a specified date; providing an appropriation; authorizing the Department of Revenue to adopt emergency rules for a certain purpose related to the Home Away From Home Tax Credit, the Rural Community Investment Program, and the tax exemption of clothing; providing that such emergency rules are effective for a specified period of time; providing that such emergency rules may be renewed under certain circumstances; authorizing the Department of Commerce to adopt emergency rules related to the Rural Community Investment Program; providing that such emergency rules are effective for a specified period of time; providing that such emergency rules may be renewed under certain circumstances; providing an appropriation; providing a directive to the Division of Law Revision; providing effective dates.

No sponsors listed

Other Sponsors (1)

Died in Appropriations, companion bill(s) passed, see HB 7031 (Ch. 2025-208) (on 06/16/2025)

Official Document