summary
Introduced
03/05/2017
03/05/2017
In Committee
03/10/2017
03/10/2017
Crossed Over
Passed
Dead
05/08/2017
05/08/2017
Introduced Session
2017 Regular Session
Bill Summary
Provides exemption from sales & use tax for data centers; provides procedures & requirements to obtain exemption; requires persons claiming exemption to maintain books & records; authorizes DOR to inspect & audit books & records & collect taxes, interest, & penalties from such persons in certain circumstances; provides for future repeal of exemption.
AI Summary
This bill provides a sales and use tax exemption for data centers in Florida. The exemption applies to data centers that have a cumulative capital investment of at least $150 million, will have a critical IT load (reserved electric power capacity) of at least 15 megawatts within 5 years, and are certified by the state's chief technology officer to enhance Florida's technology infrastructure. The data center must apply for a temporary tax exemption permit and then a permanent sales tax exemption certificate to receive the exemption. The bill also authorizes the Department of Revenue to inspect and audit the data center's records to ensure the exemption is properly claimed. The exemption will be repealed on July 1, 2022, but any data centers that received the exemption prior to that date will continue to be governed by the provisions of the bill.
Committee Categories
Labor and Employment
Sponsors (2)
Last Action
See HB 7109 (on 05/08/2017)
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/2017/1277 |
| Bill | http://www.flsenate.gov/Session/Bill/2017/1277/BillText/Filed/PDF |
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