summary
Introduced
10/24/2017
10/24/2017
In Committee
11/02/2017
11/02/2017
Crossed Over
Passed
Dead
03/11/2018
03/11/2018
Introduced Session
2018 Regular Session
Bill Summary
Specifying that certain filing fees for trial and appellate proceedings must be deposited into the State Courts Revenue Trust Fund rather than the General Revenue Fund; providing a documentary stamp tax exemption for notes and mortgages that are given in connection with a loan made by or on behalf of a housing financing authority; revising the military operations that qualify certain servicemembers for an additional ad valorem tax exemption; deleting a condition for unremarried spouses of deceased disabled ex-servicemembers to claim a certain ad valorem tax exemption; providing exemptions from documentary stamp taxes for certain loans made by the Florida Small Business Emergency Bridge Loan Program and the Agricultural Economic Development Program; revising the calculation of certain taxes by the Department of Revenue; reducing the tax levied on rental or license fees charged for the use of real property; increasing, for a specified fiscal year, the total amount of tax credits for the rehabilitation of drycleaning-solvent-contaminated sites and brownfield sites in designated brownfield areas, etc.
AI Summary
This bill makes several changes to Florida's tax laws:
This bill specifies that certain filing fees for trial and appellate proceedings must be deposited into the State Courts Revenue Trust Fund rather than the General Revenue Fund. It provides a documentary stamp tax exemption for notes and mortgages related to loans made by or on behalf of a housing finance authority. It revises the military operations that qualify servicemembers for an additional ad valorem tax exemption and removes a condition for unremarried spouses of deceased disabled ex-servicemembers to claim a certain ad valorem tax exemption. The bill also provides exemptions from documentary stamp taxes for certain loans made by the Florida Small Business Emergency Bridge Loan Program and the Agricultural Economic Development Program. It revises the calculation of certain taxes by the Department of Revenue and reduces the tax levied on rental or license fees charged for the use of real property. Additionally, the bill increases the total amount of tax credits available for the rehabilitation of drycleaning-solvent-contaminated sites and brownfield sites in designated brownfield areas for a specified fiscal year.
Committee Categories
Budget and Finance, Business and Industry
Sponsors (5)
Other Sponsors (2)
Appropriations (S), Commerce and Tourism (S)
Last Action
Laid on Table, refer to CS/HB 7087 (on 03/08/2018)
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/2018/620 |
| BillText | http://www.flsenate.gov/Session/Bill/2018/620/BillText/c2/HTML |
| Bill | http://www.flsenate.gov/Session/Bill/2018/620/BillText/c2/PDF |
| BillText | http://www.flsenate.gov/Session/Bill/2018/620/BillText/c1/HTML |
| Bill | http://www.flsenate.gov/Session/Bill/2018/620/BillText/c1/PDF |
| Senate Committee Amendment #606014 | http://www.flsenate.gov/Session/Bill/2018/620/Amendment/606014/HTML |
| BillText | http://www.flsenate.gov/Session/Bill/2018/620/BillText/Filed/HTML |
| Bill | http://www.flsenate.gov/Session/Bill/2018/620/BillText/Filed/PDF |
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