Florida Senate - 2016                              CS for SB 802
       
       
        
       By the Committee on Transportation; and Senator Benacquisto
       
       596-02118-16                                           2016802c1
    1                        A bill to be entitled                      
    2         An act relating to the use tax for asphalt; amending
    3         s. 212.06, F.S.; reducing by a specified percentage
    4         over time an indexed tax on manufactured asphalt used
    5         for a government public works project; exempting such
    6         manufactured asphalt from the indexed tax beginning on
    7         a specified date; providing an effective date.
    8          
    9  Be It Enacted by the Legislature of the State of Florida:
   10  
   11         Section 1. Paragraph (c) of subsection (1) of section
   12  212.06, Florida Statutes, is amended to read:
   13         212.06 Sales, storage, use tax; collectible from dealers;
   14  “dealer” defined; dealers to collect from purchasers;
   15  legislative intent as to scope of tax.—
   16         (1)
   17         (c)1. Notwithstanding the provisions of paragraph (b), the
   18  use tax on asphalt manufactured for one’s own use shall be
   19  calculated with respect to paragraph (b) only upon the cost of
   20  materials which become a component part or which are an
   21  ingredient of the finished asphalt and upon the cost of the
   22  transportation of such components and ingredients. In addition,
   23  an indexed tax of 38 cents per ton of such manufactured asphalt
   24  shall be due at the same time and in the same manner as taxes
   25  due pursuant to paragraph (b). Beginning July 1, 1989, the
   26  indexed tax shall be adjusted each July 1 to an amount, rounded
   27  to the nearest cent, equal to the product of 38 cents multiplied
   28  by a fraction, the numerator of which is the annual average of
   29  the “materials and components for construction” series of the
   30  producer price index, as calculated and published by the United
   31  States Department of Labor, Bureau of Statistics, for the
   32  previous calendar year, and the denominator of which is the
   33  annual average of said series for calendar year 1988.
   34         2.a. Beginning July 1, 1999, the indexed tax imposed by
   35  this paragraph on manufactured asphalt which is used for any
   36  federal, state, or local government public works project shall
   37  be reduced by 20 percent.
   38         b. Beginning July 1, 2000, the indexed tax imposed by this
   39  paragraph on manufactured asphalt which is used for any federal,
   40  state, or local government public works project shall be reduced
   41  by 40 percent.
   42         c. Beginning July 1, 2016, the indexed tax imposed by this
   43  paragraph on manufactured asphalt which is used for any federal,
   44  state, or local government public works project shall be reduced
   45  by 60 percent.
   46         d. Beginning July 1, 2017, the indexed tax imposed by this
   47  paragraph on manufactured asphalt which is used for any federal,
   48  state, or local government public works project shall be reduced
   49  by 80 percent.
   50         e. Beginning July 1, 2018, manufactured asphalt used for
   51  any federal, state, or local government public works project
   52  shall be exempt from the indexed tax imposed by this paragraph.
   53         Section 2. This act shall take effect July 1, 2016.