summary
Introduced
11/18/2015
11/18/2015
In Committee
12/10/2015
12/10/2015
Crossed Over
Passed
Dead
03/11/2016
03/11/2016
Introduced Session
2016 Regular Session
Bill Summary
Provides that tax is not required to be levied on sale of items or articles of tangible personal property by certain small businesses during specified period; provides appropriation.
AI Summary
This bill, titled the "Small Business Saturday Sales Tax Holiday," proposes to exempt certain small businesses from collecting sales tax on the sale of tangible personal property, which refers to physical goods that can be touched and moved, during a specified period. To support the implementation of this tax holiday, the bill includes an appropriation of $200,000 in nonrecurring funds from the General Revenue Fund to the Department of Revenue, the state agency responsible for tax collection and administration, for the fiscal year 2016-2017. The act is set to become effective on July 1, 2016.
Committee Categories
Budget and Finance
Sponsors (5)
Last Action
Died in Finance and Tax Committee (on 03/11/2016)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | http://www.flsenate.gov/Session/Bill/2016/721 |
| Bill | http://www.flsenate.gov/Session/Bill/2016/0721/BillText/Filed/PDF |
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