General Bill
Tax on Sales, Use, and other Transactions:
Deletes an exception to an exemption from the tax for research or development costs; exempts machinery and equipment used predominantly for research and development activities; authorizes the Department of Revenue to adopt rules implementing the exemption; provides requirements and procedures for claiming the exemption; requires an affidavit to be given by a taxpayer claiming entitlement to the exemption; provides penalties for fraudulently claiming the exemption; requires the Legislature to review the exemption; provides for a study of the exemption by the Office of Program Policy Analysis and Government Accountability and Enterprise Florida, Inc.; provides study requirements; requires a report to the Governor and Legislature; revises criteria, requirements, and procedures for exemptions for semiconductor, defense, or space technology production; clarifies authorization for qualifed businesses to donate the amount of the exemption to state universities and community colleges; revises the definition of the term "research and development"; defines the term "machinery and equipment."
Effective Date:
July 1, 2006.
Last Event:
Withdrawn prior to introduction, Link/Iden/Sim/Compare passed, refer to HB 415 (Ch. 2006-57) on Tuesday, September 20, 2005 3:51 PM
| Bill #
|
Subject
|
Relationship
|
|
Bill #:
HB 415
|
Subject:
Tax on Sales, Use, and Other Transactions
|
Relationship:
Compare
|
|
Bill #:
SB 96
|
Subject:
Sales Tax on Research or Development
|
Relationship:
Compare
|
|
Bill #:
CS/SB 962
|
Subject:
Sales Tax/Research or Development
|
Relationship:
Compare
|
| Event |
Time |
Member |
Committee |
Ver. |
|
Event:
H Withdrawn prior to introduction, Link/Iden/Sim/Compare passed, refer to HB 415 (Ch. 2006-57)
|
Time:
09/20/2005 - 3:51 PM
|
Member:
Quinones
|
Committee:
|
Version:
__
|
|
Event:
H Filed
|
Time:
08/15/2005 - 11:04 AM
|
Member:
Quinones
|
Committee:
|
Version:
__
|
| Statute
|
Other Bill Citations
|
|
212.052
|
HB 415
|
|
212.08
|
HB 15 CS,
HB 69,
HB 277,
HB 305,
HB 415,
HB 449,
HB 501 CS,
HB 507,
HB 689 CS,
HB 743,
HB 821,
HB 865 CS,
HB 869,
HB 1079,
HB 1321,
HB 1363,
HB 1473 CS,
HB 1489,
HB 7055,
HB 7069
|
|
213.053
|
HB 209,
HB 711,
HB 1249,
HB 1321,
HB 1467,
HB 1473 CS,
HB 7041,
HB 7233 CS
|
|
1011.94
|
HB 7097,
HB 7257
|