Bill > H0115

This bill amends Florida Statute 212.08 to repeal the sales and use tax exemption for certain mixer drums and the parts and labor needed to attach them to mixer trucks, effective on a specified date, while simultaneously removing the expiration date for the exemption on other industrial machinery and equipment used by eligible manufacturing businesses. The exemption for industrial machinery and equipment, defined by specific North American Industry Classification System (NAICS) codes (31, 32, and 33) and used in manufacturing tangible personal property for sale, will now continue indefinitely. The bill also clarifies that a mixer drum attached to a mixer truck used to transport freshly mixed concrete will be exempt, along with the associated parts and labor for its installation, and this specific exemption will also continue without an end date.