FL H0115

Repeals the sales and use tax exemption for mixer drums affixed to mixer trucks and the parts and labor required for such affixing, effective April 30, 2017.

Removes the expiration date for the exemption for industrial machinery and equipment purchased by eligible manufacturing businesses for use at fixed locations within Florida.

Defines "eligible manufacturing business" as any business whose primary activity (more than 50 percent of activities) is classified under NAICS codes 31, 32, and 33 (manufacturing industries).

Defines "industrial machinery and equipment" as tangible personal property with a depreciable life of 3 years or more used as an integral part in manufacturing, excluding most buildings, structural components, and heating/cooling systems unless essential to the production process.

Takes effect July 1, 2016.