FL H0259

Establishes a sales tax holiday on Small Business Saturday (November 28, 2015) from 12:00 a.m. through 11:59 p.m. for eligible small businesses in Florida.

Defines "small business" as a dealer registered with the Department of Revenue that began operations before March 3, 2015, and remitted less than $200,000 in total sales tax under chapter 212, F.S., for the 1-year period ending September 30, 2015.

Exempts sales of tangible personal property with a sales price of $1,000 or less per item from state sales tax collection during the holiday period.

Appropriates $211,775 in nonrecurring General Revenue Funds to the Department of Revenue for fiscal year 2015-2016 to administer the act.

Takes effect July 1, 2015.