SENATE AMENDMENT

    Bill No. SB 1404

    Amendment No. 1

                            CHAMBER ACTION
              Senate                               House
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11  The Committee on Fiscal Resource recommended the following

12  amendment:

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14         Senate Amendment (with title amendment) 

15         On page 2, between lines 19 & 20,

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17  insert:

18         Section 2.  Paragraph (n) is added to subsection (5) of

19  section 212.08, Florida Statutes, to read:

20         212.08  Sales, rental, use, consumption, distribution,

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

22  the rental, the use, the consumption, the distribution, and

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

24  following are hereby specifically exempt from the tax imposed

25  by this chapter.

26         (5)  EXEMPTIONS; ACCOUNT OF USE.--

27         Railroad roadway materials used in the construction,

28  repair, or maintenance of railways--Railroad roadway materials

29  used in the construction, repair, or maintenance of railways

30  shall be exempt from the tax imposed by this chapter. Roadway

31  materials shall include rails, ties, ballasts, communication

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                                                  SENATE AMENDMENT

    Bill No. SB 1404

    Amendment No. 1





 1  equipment, signal equipment, power transmission equipment, and

 2  any other track materials.

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 4  (Redesignate subsequent sections.)

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 7  ================ T I T L E   A M E N D M E N T ===============

 8  And the title is amended as follows:

 9         On page 1, line 10, after the semicolon ";"

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11  insert:

12         amending s. 212.08, F.S.; providing a sales tax

13         exemption for railroad roadway materials used

14         in the construction, repair, or maintenance of

15         railways,

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