CS for CS for SB 1514 Summary

• Expands the definition of "dealer" in Florida sales tax law to include persons with substantial nexus to the state and those engaging in enumerated in-state activities that facilitate market establishment.

• Revises "mail order sale" definition to explicitly include Internet-ordered tangible personal property and eliminates certain prior nexus-creating circumstances while establishing new conditions for dealer tax collection obligations.

• Creates a rebuttable presumption that dealers with $10,000+ in cumulative gross receipts from Florida residents referring customers through affiliate agreements must collect and remit sales tax, allowing rebuttal through affidavits proving no in-state solicitation activities.

• Requires the Department of Revenue to develop a tracking system and submit annual reports by February 1 documenting sales taxes remitted by out-of-state dealers, with the Revenue Estimating Conference estimating expected collections by March 1 for legislative tax relief consideration.

• Effective July 1, 2012.