summary
Introduced
12/07/2017
12/07/2017
In Committee
12/13/2017
12/13/2017
Crossed Over
Passed
Dead
03/10/2018
03/10/2018
Introduced Session
2018 Regular Session
Bill Summary
Reduces tax levied on rental or license fees charged for use of real property.
AI Summary
This bill reduces the tax levied on rental or license fees charged for the use of real property from 5.8% to 5% in the state of Florida. It also clarifies that the total rent or license fee charged for such real property must include payments for the granting of a privilege to use or occupy real property, as well as base rent, percentage rents, or similar charges. The bill also specifies that if a contractual arrangement provides for both taxable and non-taxable payments, the tax shall be based on a reasonable allocation of such payments. The bill will take effect on January 1, 2019.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
Died in Ways and Means Committee (on 03/10/2018)
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/2018/939 |
| Bill | http://www.flsenate.gov/Session/Bill/2018/939/BillText/Filed/PDF |
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