Bill > H0551

This bill modifies the aviation fuel tax in Florida by changing the eligibility criteria for wholesalers and terminal suppliers to receive refunds or credits for previously paid excise taxes, and it also revises the excise tax rate on certain aviation fuels. Specifically, the bill removes a provision that allowed a refund or credit of the 6.9 cents per gallon excise tax for aviation fuel delivered to air carriers that significantly increased their Florida workforce, and it sets a new excise tax rate of 3.3 cents per gallon for aviation fuel, kerosene, and aviation gasoline, with some specific exemptions for flight training at accredited colleges and universities. These changes are set to take effect on July 1, 2016, with a future repeal of the amended section scheduled for July 1, 2019.