Bill Text: FL H0711 | 2010 | Regular Session | Introduced
Bill Title: Tax on Sales, Use, and Other Transactions
Spectrum: Partisan Bill (Republican 4-0)
Status: (Failed) 2010-04-30 - Died in Messages, companion bill(s) passed, see CS/SB 1752 (Ch. 2010-147) [H0711 Detail]
Download: Florida-2010-H0711-Introduced.html
HB 711 |
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2 | An act relating to the tax on sales, use, and other |
3 | transactions; providing a short title; amending s. 212.05, |
4 | F.S.; imposing a maximum limitation on the amount of tax |
5 | collected on sales of boats in this state; providing an |
6 | effective date. |
7 | |
8 | WHEREAS, Florida's maritime and boating industry, including |
9 | the sale and servicing of large boats, has historically been a |
10 | significant component of Florida's economy, with over 220,000 |
11 | people employed in this and related industries, and |
12 | WHEREAS, the boating industry not only creates significant |
13 | numbers of jobs in Florida, but also attracts large amounts of |
14 | capital, causes significant tax revenue to be collected, and |
15 | creates extensive indirect jobs and other benefits, and |
16 | WHEREAS, the voters in Florida made clear in the most |
17 | recent election that, by amending Florida's constitution, they |
18 | value highly Florida's working waterfronts and want to see those |
19 | waterfronts taking advantage of Florida's natural amenities and |
20 | adding further to employment and capital investment in Florida, |
21 | and |
22 | WHEREAS, current tax policy discourages the purchase, use, |
23 | and maintenance of boats in Florida and actually requires |
24 | certain purchasers to leave the state to avoid unnecessary |
25 | taxation, with a resulting loss of jobs, capital investment, and |
26 | sales and use tax revenue, and |
27 | WHEREAS, current law and policy results in little or no |
28 | sales tax revenue collection on the purchase and sale of large |
29 | boats because of far more advantageous law and policy in other |
30 | jurisdictions, including offshore, and |
31 | WHEREAS, changing tax policy to encourage the sale, use, |
32 | maintenance, repair, and overhaul of boats in Florida would |
33 | energize Florida's economy, create jobs, attract capital, and |
34 | generate additional sales and use tax revenue, and, indirectly, |
35 | assist law enforcement and the United States Department of |
36 | Homeland Security by decreasing the number of offshore |
37 | registered boats in Florida's and America's waters, NOW, |
38 | THEREFORE, |
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40 | Be It Enacted by the Legislature of the State of Florida: |
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42 | Section 1. This act may be cited as the "Florida Maritime |
43 | Full Employment Act." |
44 | Section 2. Subsection (5) is added to section 212.05, |
45 | Florida Statutes, to read: |
46 | 212.05 Sales, storage, use tax.-It is hereby declared to |
47 | be the legislative intent that every person is exercising a |
48 | taxable privilege who engages in the business of selling |
49 | tangible personal property at retail in this state, including |
50 | the business of making mail order sales, or who rents or |
51 | furnishes any of the things or services taxable under this |
52 | chapter, or who stores for use or consumption in this state any |
53 | item or article of tangible personal property as defined herein |
54 | and who leases or rents such property within the state. |
55 | (5) Notwithstanding any other provision of this chapter, |
56 | the maximum amount of tax imposed under this chapter and |
57 | collected on each sale or use of a boat in this state may not |
58 | exceed $18,000. |
59 | Section 3. This act shall take effect July 1, 2010. |
CODING: Words |