FL S1230

Establishes a phased exemption from the 6% tax on commercial real property rentals and licenses, beginning January 1, 2016, exempting the first $10,000 of rental fees and increasing by $10,000 annually until January 1, 2024, when the first $90,000 is exempt.

Applies the phased exemption to both cash payments and non-cash payments (property, goods, services) for the use of real property.

Repeals the entire commercial real property rental tax (s. 212.031) effective January 1, 2025.

Removes references to the repealed commercial real property tax from related statutes affecting air carriers, educational institutions, entertainment production companies, turnpike concessions, and high-speed rail systems, effective January 1, 2025.