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FL S7132
Bill
AI Summary
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Reduces motor vehicle registration service charges from $5 to $2.50 for original, duplicate, or transfer issuance of license plates and registration certificates.
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Reduces service charge for automated vending facility stickers and decals from $3 to $1, with funds used to maintain vending equipment rather than deposited to General Revenue Fund.
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Reduces retroreflection material fee on vehicle registrations from $1.50 to $0.50, with full amount deposited to Highway Safety Operating Trust Fund instead of split between funds.
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Reduces surcharges on license taxes by eliminating $2 General Revenue Fund deposit from $4 surcharge (retaining $2 for State Transportation Trust Fund) and reducing juvenile crime prevention surcharge from $5.50 to $1.
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Eliminates 15 percent premium tax credit for insurance companies based on employee salaries paid in Florida, with conforming changes to related tax credit limitations and calculations for insurers.
Legislative Description
Taxation
Last Action
Submit as committee bill by Appropriations (SB 1832)
4/2/2013