FL H0519

Defines "small business dealer" as a registered dealer who began operation by January 8, 2018, and owed less than $200,000 in total tax under Florida's sales tax chapter for the one-year period ending September 30, 2018

Exempts small business dealers from collecting sales and use tax on retail sales of tangible personal property priced at $1,000 or less per item during November 24, 2018, from 12:01 a.m. through 11:59 p.m.

Allows small business dealers to opt out of the tax exemption and collect tax on all sales made on November 24, 2018

Appropriates $200,000 in nonrecurring General Revenue Fund money to the Department of Revenue for the 2018-2019 fiscal year to implement the act

Takes effect July 1, 2018