Senate Bill 1862

CODING: Words stricken are deletions; words underlined are additions.



    Florida Senate - 1999                                  SB 1862

    By Senator Holzendorf





    2-1368-99                                               See HB

  1                      A bill to be entitled

  2         An act relating to tax on sales, use, and other

  3         transactions; amending s. 212.08, F.S.;

  4         providing an exemption for the sale of a motor

  5         vehicle to a nonresident; providing

  6         requirements with respect thereto; providing an

  7         effective date.

  8

  9  Be It Enacted by the Legislature of the State of Florida:

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11         Section 1.  Subsection (10) of section 212.08, Florida

12  Statutes, 1998 Supplement, is amended to read:

13         212.08  Sales, rental, use, consumption, distribution,

14  and storage tax; specified exemptions.--The sale at retail,

15  the rental, the use, the consumption, the distribution, and

16  the storage to be used or consumed in this state of the

17  following are hereby specifically exempt from the tax imposed

18  by this chapter.

19         (10)  PARTIAL EXEMPTION; MOTOR VEHICLE SOLD TO RESIDENT

20  OF ANOTHER STATE.--The tax collected on The sale of a new or

21  used motor vehicle in this state to a resident of another

22  state is exempt from the tax shall be an amount equal to the

23  sales tax which would be imposed on such sale under the laws

24  of the state of which the purchaser is a resident, except that

25  such tax shall not exceed the tax that would otherwise be

26  imposed under this chapter if the motor vehicle is removed

27  from this state and licensed in the state of which the

28  purchaser is a resident within 10 days after the sale. At the

29  time of the sale, the purchaser shall execute a notarized

30  statement of his or her intent to so license the vehicle in

31  the state of which the purchaser is a resident within 10 days

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CODING: Words stricken are deletions; words underlined are additions.






    Florida Senate - 1999                                  SB 1862
    2-1368-99                                               See HB




  1  of the sale and of the fact of the payment to the State of

  2  Florida of a sales tax in an amount equivalent to the sales

  3  tax of his or her state of residence and shall submit the

  4  statement to the appropriate sales tax collection agency in

  5  his or her state of residence. The purchaser shall provide

  6  proof to the seller of such removal and licensure in such form

  7  as the department may require by rule. The seller shall keep

  8  the affidavit and other proof of removal and licensure as

  9  business records for as long as records are required to be

10  kept by s. 213.35.

11         Section 2.  This act shall take effect July 1, 1999.

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14                          HOUSE SUMMARY

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      Provides a sales tax exemption for the sale of a motor
16    vehicle to a nonresident if the vehicle is removed from
      the state and licensed in the purchaser's home state
17    within 10 days. Current law imposes tax on such a
      purchase in an amount equal to the amount that would be
18    imposed by the purchaser's home state.

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