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Bill > S0398


FL S0398

FL S0398
Agricultural Tax Exemptions


summary

Introduced
01/20/2015
In Committee
01/28/2015
Crossed Over
Passed
Dead
05/01/2015

Introduced Session

2015 Regular Session

Bill Summary

Redefining the terms "livestock" and "agricultural production"; revising the sales and use tax exemption for certain farm equipment to exempt from the tax irrigation equipment, repairs of farm equipment and irrigation equipment, and certain trailers, etc.

AI Summary

This bill expands sales and use tax exemptions for agricultural producers in Florida by redefining "livestock" to include certified aquaculture species and clarifying that "agricultural production" encompasses the storage of raw products on the farm. It also broadens the exemption for farm equipment to include irrigation equipment, repairs for both power farm equipment and irrigation equipment, and certain trailers weighing 12,000 pounds or less and costing less than $20,000, which are used by farmers for agricultural production or transporting farm products. Additionally, the bill exempts stakes used by farmers to support plants during agricultural production.

Committee Categories

Agriculture and Natural Resources, Budget and Finance

Sponsors (2)

Last Action

Died in Appropriations (on 05/01/2015)

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