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FL S1044

Bill

Status

Failed

5/1/2015

Primary Sponsor

Aaron Bean

Click for details

Origin

Senate

2015 Regular Session

AI Summary

  • Removes the scheduled repeal date of April 30, 2017 for the sales and use tax exemption on industrial machinery and equipment purchased by eligible manufacturing businesses
  • Exemption applies to machinery and equipment used at fixed locations within Florida by businesses classified under NAICS codes 31, 32, and 33 (manufacturing industries)
  • Covers mixer drums affixed to mixer trucks used to mix and transport freshly mixed concrete, including parts and labor required for affixing
  • Exemption requires purchasers to provide sellers with signed certificates of entitlement; sellers are relieved of tax collection responsibility if certificate is provided
  • Effective date: July 1, 2015

Legislative Description

Industrial Machinery and Equipment Sales Tax Exemption

Last Action

Died in Commerce and Tourism

5/1/2015

Committee Referrals

Commerce And Tourism2/27/2015

Full Bill Text

No bill text available