Bill > H0595

This bill revises the state's excise tax rate on certain aviation fuels, specifically reducing the tax from 6.9 cents per gallon to 5.4 cents per gallon for aviation fuel, kerosene, and aviation gasoline. It also removes an existing excise tax exemption that allowed wholesalers or terminal suppliers to receive a credit or refund on aviation fuel taxes if they delivered fuel to an air carrier that significantly increased its Florida workforce by over 1,000 percent and by at least 250 full-time equivalent employees. This exemption was intended to encourage job growth in the aviation sector. Additionally, the bill maintains provisions for credits or refunds of the excise tax on undyed kerosene delivered for home heating or cooking purposes, but also adjusts the tax rate for these uses to the new 5.4 cents per gallon.