FL S0136

Authorizes the Legislature to exempt manufacturing equipment from tangible personal property tax or assess it at less than just value using an accelerated depreciation method established by general law.

Modifies Section 4 of Article VII of the State Constitution to add provisions specifically addressing taxation of manufacturing equipment used by businesses primarily engaged in manufacturing.

Creates a new section in Article XII (Schedule) of the State Constitution to establish the effective date of January 1, 2019 for the manufacturing equipment tax provisions.

Requires constitutional amendment approval by Florida electors at the next general election or at an earlier special election authorized by law.