FL H1237

Imposes a 12.5 cents per gallon excise tax on persons who extract water from Florida's waters and bottle it for sale, excluding public water systems.

Tax proceeds deposited in the Wastewater Treatment and Stormwater Management Revolving Loan Trust Fund to provide grants and loans to local governments for connecting septic systems to central sewerage.

Requires bottled water operators to file monthly returns by the 25th of each month showing water extraction amounts, sources, counties, and facility locations, with tax payment due by the filing deadline.

Imposes 12 percent annual interest on unpaid taxes, delinquency penalties of 10 percent per month (capped at 50 percent) on taxes owed, and 30 percent penalty for substantial underpayments exceeding 35 percent of monthly tax due.

Establishes Department of Revenue authority to audit operators, assess deficiencies, issue tax warrants, and garnish third-party assets; provides criminal penalties including first-degree misdemeanor for willful violations and third-degree felony for tax evasion.

Effective July 1, 2021.