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FL H1315
Bill
Status
Failed
6/16/2025
Primary Sponsor
Peggy Gossett-Seidman
Click for details
AI Summary
- Creates s. 212.0607, F.S., authorizing heavy equipment rental dealers to charge and collect a separately itemized recovery fee of 2% of the sales price on rented heavy equipment
- Requires dealers to retain the full recovery fee amount to pay tangible personal property taxes imposed on the heavy equipment
- Defines "heavy equipment" as industrial or construction equipment under NAICS code 532412, and "heavy equipment rental dealer" as a person or entity deriving more than 50% of annual revenue from heavy equipment rentals
- Prohibits the recovery fee from being charged to the federal government, federally recognized Indian tribes, state agencies, or any Florida municipality or county
- Excludes the recovery fee from taxable sales price for sales tax purposes; effective July 1, 2025
Legislative Description
Heavy Equipment Rental Recovery Fee
Last Action
Died in Ways & Means Committee
6/16/2025
Committee Referrals
Ways and Means Committee3/5/2025
Full Bill Text
No bill text available