Ad Valorem Property Tax Exemption for the Surviving Spouse of Quadriplegics (Monitor) – Failed
HJR 53 (Tant) and SJR 618 (Simon) propose an amendment to the constitution to authorize the Legislature to provide for a property tax exemption for the surviving spouse of a quadriplegic who was receiving a property tax exemption on real estate used and owned as a homestead at the time of their death. The constitutional amendment must be approved by at least 60% of electors at the November 2024 general election and will take effect on January 1, 2025. (Chapman) ...
HJR 53 (Tant) and SJR 618 (Simon) propose an amendment to the constitution to authorize the Legislature to provide for a property tax exemption for the surviving spouse of a quadriplegic who was receiving a property tax exemption on real estate used and owned as a homestead at the time of their death. The constitutional amendment must be approved by at least 60% of electors at the November 2024 general election and will take effect on January 1, 2025. (Chapman)
Securities and Securities Transactions (Support) – Passed
CS/CS/HB 311 (Barnaby) and CS/CS/SB 532 (Brodeur) are comprehensive bills that extensively revise Florida’s securities and transactions regulations. The bills redefine the term “investment adviser” to exclude political subdivisions from the listed entities required to register with the State. CS/CS/SB 532 passed the Senate (39-1) and the House (113-0) and is awaiting action by the Governor. (Cruz) ...
CS/CS/HB 311 (Barnaby) and CS/CS/SB 532 (Brodeur) are comprehensive bills that extensively revise Florida’s securities and transactions regulations. The bills redefine the term “investment adviser” to exclude political subdivisions from the listed entities required to register with the State. CS/CS/SB 532 passed the Senate (39-1) and the House (113-0) and is awaiting action by the Governor. (Cruz)
Tax Exemptions for Surviving Spouses of Quadriplegics Implementing Bills (Monitor) – Failed
HB 55 (Tant) and CS/CS/SB 616 (Simon) are the implementing bills for HJR 53/SJR 618 if it is voter-approved and would provide for a property tax exemption for the surviving spouse of a quadriplegic who was receiving a property tax exemption on real estate used and owned as a homestead at the time of their death. (Chapman) ...
HB 55 (Tant) and CS/CS/SB 616 (Simon) are the implementing bills for HJR 53/SJR 618 if it is voter-approved and would provide for a property tax exemption for the surviving spouse of a quadriplegic who was receiving a property tax exemption on real estate used and owned as a homestead at the time of their death. (Chapman)
Annual Inflation Adjustment to Homestead Exemption (Oppose) – Passed
CS/HJR 7017 (Buchanan) proposes an amendment to the constitution to authorize the Legislature to require an annual adjustment to the value of certain homestead exemptions. The constitutional amendment must be approved by at least 60% of electors at the November 2024 general election and will take effect on January 1, 2025. CS/HB HJR 7017 was amended to clarify that the annual inflation adjustment to the $25,000 exemption on assessed value for all levies, other than school district levies, and any future similar exemptions added to the constitution must be adjusted only when the inflation growth is positive. CS/HJR ...
CS/HJR 7017 (Buchanan) proposes an amendment to the constitution to authorize the Legislature to require an annual adjustment to the value of certain homestead exemptions. The constitutional amendment must be approved by at least 60% of electors at the November 2024 general election and will take effect on January 1, 2025. CS/HB HJR 7017 was amended to clarify that the annual inflation adjustment to the $25,000 exemption on assessed value for all levies, other than school district levies, and any future similar exemptions added to the constitution must be adjusted only when the inflation growth is positive. CS/HJR 7017 passed the House (86-29) and the Senate (25-15) and is headed to the Secretary of State’s Office to be prepared for the November ballot. (Chapman)
Increased Homestead Property Tax Exemption Implementing Bill (Oppose) – Passed
CS/HB 7019 (Buchanan) is the implementing bill for HJR 7017 if it is voter-approved and would require an annual adjustment to the value of certain homestead exemptions. The bill would require that the Legislature appropriate funds to offset reductions in ad valorem tax revenue experienced by fiscally constrained counties due to the annual positive inflation adjustment. CS/HB 7019 passed the House (86-29) and the Senate (25-15) and is awaiting action by the Governor. (Chapman) ...
CS/HB 7019 (Buchanan) is the implementing bill for HJR 7017 if it is voter-approved and would require an annual adjustment to the value of certain homestead exemptions. The bill would require that the Legislature appropriate funds to offset reductions in ad valorem tax revenue experienced by fiscally constrained counties due to the annual positive inflation adjustment. CS/HB 7019 passed the House (86-29) and the Senate (25-15) and is awaiting action by the Governor. (Chapman)
Child Care and Early Learning Providers (Oppose) – Failed
CS/CS/HB 635 (McFarland) and CS/CS/SB 820 (Grall) amend Section 170.201, Florida Statutes, and provide an exemption for public and private preschools from specified special assessments levied by a municipality. CS/CS/SB 820 was amended to clarify the language relevant to the calculation for the amount owed after tax credits were applied. (Chapman) ...
CS/CS/HB 635 (McFarland) and CS/CS/SB 820 (Grall) amend Section 170.201, Florida Statutes, and provide an exemption for public and private preschools from specified special assessments levied by a municipality. CS/CS/SB 820 was amended to clarify the language relevant to the calculation for the amount owed after tax credits were applied. (Chapman)
Homesteads (Oppose) – Failed
HJR 1103 (Caruso) and SJR 1374 (Wright) propose an amendment to the constitution to authorize the Legislature to allow newly established homestead property to be assessed at less than just value if the property was previously assessed as non-homestead property and has not changed ownership and authorizing residency requirements for homestead exemptions. The constitutional amendment must be approved by at least 60% of electors at the November 2024 general election and will take effect on January 1, 2025. (Chapman) ...
HJR 1103 (Caruso) and SJR 1374 (Wright) propose an amendment to the constitution to authorize the Legislature to allow newly established homestead property to be assessed at less than just value if the property was previously assessed as non-homestead property and has not changed ownership and authorizing residency requirements for homestead exemptions. The constitutional amendment must be approved by at least 60% of electors at the November 2024 general election and will take effect on January 1, 2025. (Chapman)
Homestead Implementing Bills (Oppose) – Failed
CS/HB 1105 (Caruso) and SB 1376 (Wright) are the implementing bills for HJR 1103 (Caruso) and SJR 1374 (Wright) if it is voter-approved and would allow newly established homestead property to be assessed at less than just value if the property was previously assessed as non-homestead property and has not changed ownership and authorizing residency requirements for homestead exemptions. CS/HB 1105 was amended to afford property owners to rescind an application to seek homestead exemption on their property within a specified time frame. (Chapman) ...
CS/HB 1105 (Caruso) and SB 1376 (Wright) are the implementing bills for HJR 1103 (Caruso) and SJR 1374 (Wright) if it is voter-approved and would allow newly established homestead property to be assessed at less than just value if the property was previously assessed as non-homestead property and has not changed ownership and authorizing residency requirements for homestead exemptions. CS/HB 1105 was amended to afford property owners to rescind an application to seek homestead exemption on their property within a specified time frame. (Chapman)
Increased Homestead Property Tax Exemption (Oppose) – Failed
HJR 7015 (Buchanan) proposes an amendment to the constitution to authorize the Legislature to increase the maximum amount of the exemption on homestead property from a maximum amount of $25,000 to a maximum amount of $50,000, for homestead property with an assessed value greater than $50,000. The constitutional amendment must be approved by at least 60% of electors at the November 2024 general election and will take effect on January 1, 2025. (Chapman) ...
HJR 7015 (Buchanan) proposes an amendment to the constitution to authorize the Legislature to increase the maximum amount of the exemption on homestead property from a maximum amount of $25,000 to a maximum amount of $50,000, for homestead property with an assessed value greater than $50,000. The constitutional amendment must be approved by at least 60% of electors at the November 2024 general election and will take effect on January 1, 2025. (Chapman)
Local Business Taxes (Oppose) – Failed
CS/CS/HB 609 (Botana) and SB 1144 (DiCeglie) would repeal local governments' ability to levy a local business tax (LBT). CS/HB 609 was amended to no longer repeal the LBT. However, the amount of revenue generated from the collection of the LBT is being capped using fiscal year 23/24 as the base year. Local governments may not generate more revenue in any year moving forward above the base year of 23/24. Rates for the fees may be lowered, but not increased. CS/CS/HB 609 was amended to not apply to fiscally constrained counties or a municipality located in a fiscally ...
CS/CS/HB 609 (Botana) and SB 1144 (DiCeglie) would repeal local governments' ability to levy a local business tax (LBT). CS/HB 609 was amended to no longer repeal the LBT. However, the amount of revenue generated from the collection of the LBT is being capped using fiscal year 23/24 as the base year. Local governments may not generate more revenue in any year moving forward above the base year of 23/24. Rates for the fees may be lowered, but not increased. CS/CS/HB 609 was amended to not apply to fiscally constrained counties or a municipality located in a fiscally constrained county. (Chapman)
Millage Rates (Oppose) – Failed
CS/CS/HB 1195 (Garrison) and CS/SB 1322 (Ingoglia) would require local government to have two-thirds vote of the membership of the governing body to increase the millage rate. CS/HB 1195 was amended to clarify that the two-thirds vote does not apply to existing millage rate increases that require a three-fourths or unanimous vote of the governing body or voter approval in a referendum under current law. CS/CS/HB 1195 was amended on the floor to clarify the language of a two-thirds majority vote is required to increase the millage rate from the previous year’s millage rate. (Chapman) ...
CS/CS/HB 1195 (Garrison) and CS/SB 1322 (Ingoglia) would require local government to have two-thirds vote of the membership of the governing body to increase the millage rate. CS/HB 1195 was amended to clarify that the two-thirds vote does not apply to existing millage rate increases that require a three-fourths or unanimous vote of the governing body or voter approval in a referendum under current law. CS/CS/HB 1195 was amended on the floor to clarify the language of a two-thirds majority vote is required to increase the millage rate from the previous year’s millage rate. (Chapman)
Property Tax Exemptions (Oppose) – Failed
HJR 1369 (Chamberlin) proposes an amendment to the constitution to authorize the Legislature to create two new property tax exemptions. The first would create a $100,000 exemption from assessed value of real property for all levies, the second would create a $250,000 homestead exemption for residential property owned by someone 65 or older. The constitutional amendment must be approved by at least 60% of electors at the November 2024 general election and will take effect on January 1, 2025. (Chapman) ...
HJR 1369 (Chamberlin) proposes an amendment to the constitution to authorize the Legislature to create two new property tax exemptions. The first would create a $100,000 exemption from assessed value of real property for all levies, the second would create a $250,000 homestead exemption for residential property owned by someone 65 or older. The constitutional amendment must be approved by at least 60% of electors at the November 2024 general election and will take effect on January 1, 2025. (Chapman)
Property Tax Exemptions Implementing Bill (Oppose) – Failed
CS/HB 1371 (Chamberlin) is the implementing bill for HJR 1369 if it is voter-approved and would create two new property tax exemptions. The bill was amended to include a study by the Office of Policy Analysis and Government Accountability (OPPAGA) for the potential impact of eliminating all property tax and replacing the lost revenue through the establishment of a consumption tax. The report is to be submitted to the Speaker of the House and the Senate President by July 1, 2025. (Chapman) ...
CS/HB 1371 (Chamberlin) is the implementing bill for HJR 1369 if it is voter-approved and would create two new property tax exemptions. The bill was amended to include a study by the Office of Policy Analysis and Government Accountability (OPPAGA) for the potential impact of eliminating all property tax and replacing the lost revenue through the establishment of a consumption tax. The report is to be submitted to the Speaker of the House and the Senate President by July 1, 2025. (Chapman)
Tangible Personal Property Tax Exemption (Monitor) – Failed
HJR 7075 (Alvarez) proposes an amendment to the Florida constitution to authorize the Legislature to increase the tangible personal property exemption from $25,000 to $50,000, subject to local ad valorem taxes levied by cities and counties. The constitutional amendment must be approved by at least 60% of electors at the November 2024 general election and will take effect on January 1, 2025. (Chapman) ...
HJR 7075 (Alvarez) proposes an amendment to the Florida constitution to authorize the Legislature to increase the tangible personal property exemption from $25,000 to $50,000, subject to local ad valorem taxes levied by cities and counties. The constitutional amendment must be approved by at least 60% of electors at the November 2024 general election and will take effect on January 1, 2025. (Chapman)
Tangible Personal Property Tax Exemption Implementing Bill (Monitor) – Failed
HB 7077 (Alvarez) is the implementing bill for HJR 7075 if it is voter-approved and would increase the tangible personal property exemption from $25,000 to $50,000. The bill would require that the Legislature appropriate funds to offset reductions in ad valorem tax revenue experienced by fiscally constrained counties. (Chapman) ...
HB 7077 (Alvarez) is the implementing bill for HJR 7075 if it is voter-approved and would increase the tangible personal property exemption from $25,000 to $50,000. The bill would require that the Legislature appropriate funds to offset reductions in ad valorem tax revenue experienced by fiscally constrained counties. (Chapman)
Taxation (Monitor ) – Passed
CS/HB 7073 (McClain) is the House comprehensive tax package and addresses several different areas of taxation. CS/HB 7073 does the following: ...
CS/HB 7073 (McClain) is the House comprehensive tax package and addresses several different areas of taxation. CS/HB 7073 does the following: •Residential Homestead Property Insurance Premium Deduction: The bill requires an insurer to deduct an amount equal to 1.75% of the premium for a policy covering a residential property with a homestead exemption. •Tourism Development Tax: The bill calls for the expiration of the tax six years after the date the ordinance is approved in a referendum but may be renewed for subsequent six-year periods if each six-year period is approved in a referendum. Provides exceptions for Tourism Development Taxes utilized to secure debt and adjusts time frames for renewal by referendum. •Tangible Personal Property: The bill clarifies tangible personal property taxes are not assessed for infrastructure constructed or installed by an electric utility until the infrastructure is deemed substantially complete. Substantially complete mean all permits, or approval required for commercial operation have been received or approved. Applies retroactively to January 1, 2024, and first applies to the 2024 property tax roll. •Renewable Energy Source Device Assessments: The bill adds biogas to the list of renewable energy sources. Included in the description is the infrastructure associated with biogas energy operations. The bill excludes the infrastructure distribution grid or transmission lines for a natural gas pipeline or distribution system. The amendment first applies to the 2025 property tax roll. •Home Equity Conversions Mortgage Tax: The bill clarifies only the amount of the principal limit available to the borrower is subject to the taxes. The amendment is intended to be retroactive but does not create a right to a refund. •Municipal Resort Tax: Requires cities who presently levy the tax to renew the tax by referendum. •Tax on Rental or License Fee for Use of Real Property (Business Rent Tax): The bill reduces the rate of the Business Rent Tax to 1.25% from its current rate of 4.5%. Note, prior legislation in 2021 called for a reduction of the Business Rent Tax to 2% by 2026, once the tax revenues had recovered to pre-Covid levels. This schedule was advanced to reduce to 2% as of June 2024. The bill excludes the leasing or renting of a motor vehicle as defined Section 316.003, which is used primarily in the trade or established business of the lessee or rentee for a certain time frame. •Charter County and Regional Transportation System Surtax: The bill reduces the amount of time the tax may be levied from 30 years to 10 years. The levy of the tax by ordinance must be enacted by an extraordinary vote of the county governing authority and approved by a majority of voters in a referendum. •Indigent Care and Trauma Center Surtax: The tax is levied by counties. The bill removes the ability to approve the tax by an extraordinary vote of the county governing body. The tax may only be levied by the approval of the majority vote in a referendum. •County Public Hospital Surtax: The tax is levied by counties. The bill removes the ability to approve the tax by an extraordinary vote of the county governing body. The tax may only be levied by the approval of the majority vote in a referendum. •Pension Liability Surtax: The bill adds language to sunset the surtax for either the actuarial funding level has reached or exceeded 100% of the defined benefit retirement plan or by December 31st of the tenth year after the surtax was approved by referendum. •Discretionary Sales Surtax: The bill calls for any new or reenacted surtax held on or after July 1, 2024, may not be levied for more than 10 years, unless reenacted by ordinance subject to approval of the majority of the voters in a subsequent referendum. •Tax Returns: The bill provides for an automatic ten-day extension for the filing tax returns following a Governor declared state of emergency under certain circumstances. •Agricultural Promotional Campaign Trust Fund: The bill extends the distribution of funds to June 30, 2027. The amount of the trust fund is $27.5 million. •Individual with Unique Abilities Tax Credit Program: The bill increases the amount of tax credits for business who employ persons with disabilities. The combined total of tax credits which may granted under this section is $5 million in each of the state fiscal years 2024-25, 2025-26 and 2026-27. •Federal Income Tax Filing Extensions: The bill grants an automatic extension of 15 calendar days for filing federal income tax returns if there is a federally declared disaster. •Strong Families Tax Credits: The bill extends the program for 2024-25, increases the tax credit cap to $40 million (increased for $20 million), adjusts the application period to January 1 at 9 a.m. of each year, except of the additional $20 million in additional credit which will be available on July 1 at 9 a.m. •James Patrick Memorial Incentive Personal Attendant Services and Employment Assistance Program: The bill also authorized 100% of the revenues collected from the tax collection enforcement diversion program to be used by the Florida Association of Centers for Independent Living to administer the program. •Disaster Preparedness Sales Tax Holiday: The bill authorizes the holiday this year from June 1 to June 14 and August 24 to September 6. •Freedom Month Sales Tax Holiday: The bill authorizes the holiday this year from July 1 to July 31 on certain types of events and equipment. •School Supplies Sales Tax Holiday: The bill authorizes the holiday this year from July 29 to August 11 on the retail sale of certain items. •Tool Time Sales Tax Holiday: The bill authorizes the holiday this year from September 1 to September 7 for the retail sale of certain tools and construction-related items. •Affordable Housing in Areas of Critical State Concern: The bill authorizes the use of tourism impact tax funds to be utilized for the expansion of affordable housing under certain conditions. CS/HB 7073 was amended to remove the provisions pertaining to the Tourism Development Tax, Charter County and Regional Transportation Surtax, Discretionary Sale Surtax, Local Option Food and Beverage Tax, Business Rental Tax reduction and the use of 100% of trust funds for James Patrick Memorial Work Incentive Personal Attendant Services and Employment Assistance Program. The amendment added language to clarify language for Child Care Center tax credits, provisions pertaining to homestead exemption eligibility and notifications, criteria and eligibility for homestead exemption for affordable housing, opt-out language for counties for affordable housing homestead tax exemptions, tax credits for qualifying railroads, deposit of revenue from Alcohol and Tobacco laws to fund cancer research, relief of documentary stamp tax on the purchase of alarm systems, and clarifying language related to tax credits for the Insurance Premium Tax. CS/HB 7073 passed the House (110-0) and the Senate (38-0) and is awaiting action by the Governor. (Chapman)
Taxation - 2 (Monitor) – Replaced by HB 7073
CS/SB 7074 (Finance and Tax) is the Senate comprehensive tax package and addresses several different areas of taxation. CS/SB 7074 does the following: ...
CS/SB 7074 (Finance and Tax) is the Senate comprehensive tax package and addresses several different areas of taxation. CS/SB 7074 does the following: •Tourism Development Tax: The bill adds language for the current law provision for a plan for the expense of the revenues. The new language states the plan may not allocate more than 25% of the tax revenue received for a fiscal year to fund an individual project unless approved by a supermajority vote of the governing body. •Tangible Personal Property: The bill clarifies tangible personal property taxes are not assessed for infrastructure constructed or installed by an electric utility until the infrastructure is deemed substantially complete. Substantially complete means all permits or approvals required for commercial operation have been received or approved. Applies retroactively to January 1, 2024, and first applies to the 2024 property tax roll. •Homestead Assessment: The bill addresses the correction of mistakes/errors made by the property appraiser in assessing homesteaded properties and defines the timing of the correction of the mistakes, notice to the property owner and the time frame for when the correcting valuation will apply. •Assessments of certain residential and nonresidential real property: The bill addresses the correction of mistakes/errors made by the property appraiser in assessing non-homesteaded properties and defines the timing of the correction of the mistakes, notice to the property owner and the time frame for when the correcting valuation will apply. •Renewable Energy Source Device Assessments: The bill adds biogas to the list of renewable energy sources. Included in the description is the infrastructure associated with biogas energy operations. The bill excludes the infrastructure distribution grid or transmission lines for a natural gas pipeline or distribution system. The amendment first applies to the 2025 property tax roll. •Taxpayer Friendly Property Assessment Administration: The bill requires property appraisers to provide multi-language versions of the forms prescribed by the department. The bill also provides if exemptions are granted by error of the property appraiser, the taxpayer will not be liable for the unpaid taxes, penalties or interest. •Exemption of Homesteads: The bill provides for when a homestead property is damaged or destroyed and is uninhabitable by January 1 after the damage occurs, failure to repair or rebuild the homestead property in five years will constitute an abandonment of the property and its status as a homestead. The change is the time frame from three years for abandonment to five years. •Homestead Exemption Forms: The property appraiser is to provide a form with notices of examples of activities that may affect eligibility of homestead exemptions. The bill further identifies notice requirements by the property appraiser to a property owner explaining why the owner is not entitled to a homestead exemption, any unpaid taxes, penalties and interest due and how they were calculated. •Exemption for Disabled Ex-Service Member or Surviving Spouse: The bill increases the property value of the exemption of such a person exempt from taxation from $5,000 to $10,000. •Home Equity Conversions Mortgage Tax: The bill clarifies only the amount of the principal limit available to the borrower is subject to the taxes. The amendment is intended to be retroactive but does not create a right to a refund. •Promissory Notes (Alarm Systems): The bill exempts from all excise taxes all non-interest bearing promissory notes, non-interest bearing non-negotiable notes, or non-interest bearing written obligations to pay money, or assignments of salaries, wages or other compensation made, executed, delivered, sold, transferred, or assigned in the state, and for each renewal of the same, of $3,500 or less given by a customer to an alarm systems contractor. •Local Option Food and Beverage Tax: The bill clarifies language relating to the referendum. •Indigent Care and Trauma Center Surtax: The tax is levied by counties. The bill extends the tax to consolidated counties with a population of at least 800,000. •Tax Returns: The bill provides for an automatic 10-day extension for the filing of tax returns following a Governor-declared state of emergency under certain circumstances. •Dealers Credit for Collecting Tax for the Department of Revenue: The bill amends the amount due on such returns only filed by electronic means shall be allowed $45 of the amount of the tax due (up from 2.5%), accounted for and remitted to the Department of Revenue in the form of a deduction. •Federal Income Tax Filing Extensions: The bill grants an automatic extension of 15 calendar days for filing federal income tax returns if there is a federally declared disaster. •Qualifying Railroad: The bill redefines “qualified railroad” and provides clarity and timelines for when an applicant must submit required documents to secure tax credits. •Individual with Unique Abilities Tax Credit Program: The bill increases the amount of tax credits for businesses who employ persons with disabilities. The combined total of tax credits that may granted under this section is $5 million in each of the state fiscal years 2024-25, 2025-26 and 2026-27. •Strong Families Tax Credits. The bill extends the program for 2024-25 under certain revised criteria, increases the tax credit cap to $40 million (increased for $20 million), adjusts the application period to January 1 at 9 a.m. of each year, except for the additional $20 million in additional credit, which will be available on July 1 at 9 a.m. •Deposit of Revenue from Alcohol and Tobacco Laws: The bill provides that after the required distributions to the Alcoholic Beverage and Tobacco Trust Funds, certain allocations will be made monthly to the University of Miami, University of Florida and the Mayo Clinic for Cancer Research until June 30, 2054. •Agricultural Promotional Campaign Trust Fund: The bill repeals Section 41 of Chapter 2023-157, Florida Statutes. •Insurance Premium Tax: The bill makes the following changes to the insurance premiums tax: •Exempts flood insurance policies for one year. •Requires insurers to provide a credit to policyholders for certain insurance policies on residential dwellings for one year and allows insurers to take a credit against their Insurance Premium Tax liability by the amount credited to policyholders. •Creates a one-year state fire marshal assessment and surcharge holiday and Florida Insurance Guaranty Association assessment credit. •Disaster Preparedness Sales Tax Holiday: The bill authorizes the holiday this year from June 1 to June 14 and August 24 to September 6. •Freedom Month Sales Tax Holiday: The bill authorizes the holiday this year from July 1 to July 31 on certain types of events and equipment. •School Supplies Sales Tax Holiday: The bill authorizes the holiday this year from July 29 to August 11 on the retail sale of certain items. •Tool Time Sales Tax Holiday: The bill authorizes the holiday this year from September 1 to September 7 for the retail sale of certain tools and construction-related items. CS/SB 7074 was amended to include provisions to extend childcare provider tax credits and clarify language for affordable housing homestead exemption criteria applicable to a 75% exemption of multifamily residential units. Additionally, the bill was amended to include affordable housing provisions within Areas of Critical State Concern (Monroe County) and clarifies language pertaining to tax reductions to the Insurance Premium Tax. (Chapman)
Tourist Development Tax (Support) – Failed
SB 1072 (Avila) and HB 1081 (Porras) revise the method by which counties distribute collected Tourist Development Taxes apportioning 50% of the revenues to be distributed monthly by the county to the governing authorities of the municipalities within the county. Distributions must be in proportion to the amount collected in the prior month within the municipality as a share of the total amount collected from all municipalities in the county. The bill further revises which expenses and projects may be covered by Tourism Development Taxes. (Chapman) ...
SB 1072 (Avila) and HB 1081 (Porras) revise the method by which counties distribute collected Tourist Development Taxes apportioning 50% of the revenues to be distributed monthly by the county to the governing authorities of the municipalities within the county. Distributions must be in proportion to the amount collected in the prior month within the municipality as a share of the total amount collected from all municipalities in the county. The bill further revises which expenses and projects may be covered by Tourism Development Taxes. (Chapman)
Other Bills of Interest
SB 58 (Stewart) and HB 475 (Killebrew) – Sales Tax Holiday for Micromobility Vehicles and Related Personal Safety Equipment ...
SB 58 (Stewart) and HB 475 (Killebrew) – Sales Tax Holiday for Micromobility Vehicles and Related Personal Safety Equipment HB 113 (Maney) and SB 216 (Hooper) – Tax Collections and Sales HB 171 (Daniels) – Homestead Exemptions for Totally and Permanently Disabled First Responders SB 172 (Polsky) and HB 1161 (Arrington) – Verification of Eligibility for Homestead Exemption SB 218 (Wright) and HB 239 (Killebrew) – Property Tax Exemption for Surviving Spouses of Veterans SB 230 (Wright) – Sales Tax on Aircraft Sales and Leases SB 264 (Rodriguez) and HB 269 (Overdorf) – Aircraft Taxes HB 331 (Garcia) and HB 333 (Garcia) – Limitation of Property Tax Assessment SB 378 (Garcia) – Property Tax Assessment SB 380 (Hooper) and HB 295 (Anderson) – Disclosure of Estimated Ad Valorem Taxes SB 652 (Garcia) and SB 654 (Garcia) – Homestead Assessments HB 727 (Amesty) and SB 1004 (Torres) – Tax Exemption for Disabled Ex-servicemembers SB 890 (Boyd) – Taxation HB 879 (McFarland) and HB 1453 (Valdes) – Homestead Property Tax Assessment SB 886 (Gruters) and HB 471 (Fine) – Valuation of Timeshare Units HB 913 (McFarland) and SB 1710 (Yarborough) – Homestead Tax Exemptions SB 976 (Perry) and SB 978 (Perry) – Reduction of Assessed Value SB 1060 (Calatayud) and SB 1062 (Calatayud) – Assessment of Real Property and Residential Real Property SB 872 (Stewart) – Tourist Development Tax HB 1001 (Stevenson) and SB 1030 (Rodriguez) – Taxation HB 1251 (Alvarez) and SB 1560 (Collins) – Tangible Personal Property Tax Exemption HB 1373 (Alvarez), HB 1375 (Alvarez), SB 1684 (Collins) and SB 1686 (Collins) – Property Tax Discount for Disabled Veterans HB 1409 (Maggard) and SB 1672 (Grall) – Taxation of State Chartered Banks SB 1468 (Hutson) and HB 1585 (Steele) – Sales and Use Tax HB 1481 (Beltran) and SB 1678 (Gruters) – Taxes, Licenses, and Fees HB 1511 (McClain) and HB 1513 (McClain) – Tax Exemption for Portions of Homestead Property Used as Living Quarters for Parents and Grandparents SB 1570 (Torres) and HB 1601 (Grantt) – Working Floridians Tax Rebate Program HB 1594 (Stewart) – Tourist Impact Tax HB 1599 (Truenow) and SB 1748 (Brodeur) – Tourist Development Tax HB 1649 (Plakon) – Ad Valorem Taxation SB 1770 (Gruters) – Tax-filing Extensions SB 102 (Jones) – Property Insurance HB 611 (Botana) and SB 1018 (Ingoglia) – Public Deposits HB 989 (LaMarca) and SB 1098 (DiCeglie) – Department of Financial Services HB 585 (Rommel) and SB 1132 (Martin) – Access to Financial Institution Customer Accounts HB 7069 (Ways & Means) and SB 7054 (Community Affairs) – Private Activity Bonds