FL S0656

Reduces the tax on rental or license fees for commercial real property incrementally from 6% to 1% between January 1, 2014 and January 1, 2018 (5% in 2014, 4% in 2015, 3% in 2016, 2% in 2017, 1% in 2018).

Repeals section 212.031 entirely effective January 1, 2019, eliminating the commercial real property rental tax.

Removes references to the commercial real property rental tax from related statutes governing air carriers, education, entertainment production companies, turnpike concessions, and high-speed rail leases effective January 1, 2019.

Updates cross-references in section 212.0602 to refer to "former" section 212.031 due to its repeal.

Takes effect July 1, 2013.