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FL S0116

Bill

Official Source

Status

Failed

3/11/2016

Primary Sponsor

Dorothy Hukill

Click for details

Origin

Senate

2016 Regular Session

AI Summary

  • Reduces the tax rate on rental or license fees for real property use from 6 percent to 5 percent
  • Applies the reduced 5 percent rate to payments made in property, goods, wares, merchandise, services, or other things of value used as rental or license fees
  • Makes technical changes to statutory language, replacing "shall" with "must" and clarifying contractual allocation language for mixed taxable and nontaxable payments
  • Effective January 1, 2017

Legislative Description

Tax on Sales, Use, and Other Transactions

Last Action

Died in Appropriations

3/11/2016

Committee Referrals

Appropriations10/21/2015
Finance and Tax10/6/2015
Community Affairs8/21/2015

Full Bill Text

No bill text available