FL S0844

Adds a deadline of July 1, 2016 to the existing eligibility criteria for wholesalers and terminal suppliers to receive refunds or credits for aviation fuel excise taxes paid to air carriers that significantly increased their Florida workforce.

Effective July 1, 2019, reduces the excise tax rate on aviation fuel, kerosene, and aviation gasoline from 6.9 cents per gallon to 4.27 cents per gallon.

Eliminates the entire employment-based refund provision for air carriers offering transcontinental jet service, including all associated conditions and requirements related to workforce expansion thresholds.

Maintains existing exemptions for aviation fuel used by accredited colleges and universities for flight training, with the tax rate reduction applied to ultimate vendor credits and refunds under this exemption.

Takes effect July 1, 2016, except for the tax rate reduction which becomes effective July 1, 2019.