FL S0384

Establishes a "Small Business Saturday" sales tax holiday on November 28, 2015, allowing eligible small businesses to opt out of collecting sales tax.

Defines "small business" as a registered dealer that began operations by March 3, 2015, and remitted less than $200,000 in sales tax to the Department of Revenue from October 1, 2014, through September 30, 2015.

Exempts sales of tangible personal property from sales tax during the holiday period (12:00 a.m. to 11:59 p.m. on November 28, 2015) for transactions not exceeding $500 per purchaser per business.

Authorizes the Department of Revenue to adopt emergency rules to administer the sales tax holiday.

Appropriates $200,000 in nonrecurring General Revenue Fund monies to the Department of Revenue for fiscal year 2015-2016 to implement the act, effective July 1, 2015.