FL H1109

Clarifies that the tax exemption for business property purchased by enterprise zone businesses applies to both sales tax and use tax, not just sales tax

Specifies that monetary caps on the sales and use tax exemption ($5,000 or $10,000 per item depending on employee residency) are calculated on a per-item basis

Deletes the $100 minimum threshold requirement for sales and use tax refunds on purchases made within a 60-day period

Revises definitions of "eligible business," "job," and "new job has been created" for the enterprise zone jobs credit against sales tax

Allows eligible businesses that file consolidated tax returns to claim the enterprise zone jobs credit against their consolidated tax liability; effective July 1, 2012