FL S0220

Deletes the mandatory penalty provision for aircraft and boat sales violations, allowing the Department of Revenue discretion to waive or compromise penalties previously required to be enforced.

Removes authorization allowing aircraft purchased tax-exempt by nonresidents to return to Florida for repairs within 6 months without incurring tax or penalty liability.

Exempts aircraft owned by nonresidents from use tax if the aircraft enters and remains in Florida for less than 21 days total during the 6-month period after purchase, with removal proven by fuel, tie-down, or hangar invoices.

Exempts aircraft owned by nonresidents from use tax if the aircraft enters or remains in Florida exclusively for flight training, repairs, alterations, refitting, or modification, supported by written documentation from in-state vendors.

Effective date: July 1, 2010.