Bill

Bill > H0263


FL H0263

FL H0263
Veterans' Annual Sales Tax Holiday


summary

Introduced
01/17/2017
In Committee
01/25/2017
Crossed Over
Passed
Dead
05/05/2017

Introduced Session

2017 Regular Session

Bill Summary

Creates annual sales tax holiday for veterans; specifies items eligible for sales tax holiday; defines "veteran" for purposes of sales tax holiday; specifies documents that demonstrate proof of military status; provides retailer reporting requirements; authorizes certain retailers to elect not to participate; specifies opt-out procedures; authorizes DOR to adopt rules.

AI Summary

This bill creates an annual sales tax holiday on November 11 for veterans of the United States Armed Forces on the retail sale of clothing priced at $60 or less per item. It defines "veteran" to include those who were honorably discharged or later received an upgraded honorable discharge, and specifies acceptable forms of military ID that veterans can use to demonstrate proof of eligibility. The bill requires retailers to report the amount of their tax-exempt sales to the Department of Revenue, and allows retailers to opt-out of the sales tax holiday if less than 5% of their prior year's gross sales were of the eligible items. The Department of Revenue is authorized to adopt rules, including emergency rules, to administer the sales tax holiday.

Committee Categories

Budget and Finance, Military Affairs and Security

Sponsors (9)

Other Sponsors (1)

Local, Federal and Veterans Affairs Subcommittee (House)

Last Action

Died in Ways and Means Committee (on 05/05/2017)

bill text


bill summary

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