FL H5703

Increases the tax rate on communications services from 6.2 percent to 6.65 percent under section 202.12(1)(a), applied to services that originate and/or terminate in Florida.

Reduces the additional tax rate on communications services from 0.6 percent to 0.15 percent under section 203.01(1)(b)3, maintaining the combined collection rate of 6.8 percent.

Updates combined tax rate provisions in sections 202.12001 and 203.001 to reflect the new component rates of 6.65 percent and 0.15 percent for dealers collecting taxes on communication services.

Maintains utility services tax rate at 2.5 percent and communications services rate at 2.37 percent under the gross receipts tax.

Takes effect July 1, 2012.