Florida Senate - 2018              PROPOSED COMMITTEE SUBSTITUTE
       Bill No. CS for SB 620
       Proposed Committee Substitute by the Committee on Appropriations
       (Appropriations Subcommittee on Finance and Tax)
    1                        A bill to be entitled                      
    2         An act relating to tax exemptions; creating s. 201.25,
    3         F.S.; providing exemptions from excise taxes on
    4         documents for certain loans made by the Florida Small
    5         Business Emergency Bridge Loan Program and the
    6         Agricultural Economic Development Program; providing a
    7         sales and use tax exemption during specified periods
    8         for certain tangible personal property related to
    9         disaster preparedness; providing exceptions to the
   10         exemption; authorizing the Department of Revenue to
   11         adopt emergency rules; providing an appropriation;
   12         providing an effective date.
   14  Be It Enacted by the Legislature of the State of Florida:
   16         Section 1. Section 201.25, Florida Statutes, is created to
   17  read:
   18         201.25 Tax exemptions for certain loans.—There shall be
   19  exempt from all taxes imposed by this chapter:
   20         (1) Any loan made by the Florida Small Business Emergency
   21  Bridge Loan Program in response to a disaster that results in a
   22  state of emergency declared by executive order or proclamation
   23  of the Governor pursuant to s. 252.36.
   24         (2) Any loan made by the Agricultural Economic Development
   25  Program pursuant to s. 570.82.
   26         Section 2. Disaster preparedness tax exemption.—
   27         (1) The tax levied under chapter 212, Florida Statutes, may
   28  not be collected during the period from 12:01 a.m. on June 1,
   29  2018, through 11:59 p.m. on June 7, 2018, and from 12:01 a.m. on
   30  July 6, 2018, through 11:59 p.m. on July 12, 2018, on the sale
   31  of any of the following:
   32         (a)A portable self-powered light source selling for $20 or
   33  less.
   34         (b) A portable self-powered radio, two-way radio, or
   35  weather band radio selling for $75 or less.
   36         (c) A tarpaulin or other flexible waterproof sheeting
   37  selling for $50 or less.
   38         (d) An item typically sold or advertised as a ground anchor
   39  system or tie-down kit selling for $50 or less.
   40         (e) A gas or diesel fuel tank selling for $25 or less.
   41         (f) A package of AAA-cell, AA-cell, C-cell, D-cell, 6-volt,
   42  or 9-volt batteries, excluding automobile and boat batteries,
   43  selling for $30 or less.
   44         (g) A portable power bank intended to be used to charge
   45  cellular telephones and other small electronic devices and
   46  selling for $75 or less.
   47         (h) A cellular telephone charger selling for $40 or less.
   48         (i) A nonelectric food storage cooler selling for $30 or
   49  less.
   50         (j) A carbon monoxide detector selling for $75 or less.
   51         (k) Reusable ice selling for $10 or less.
   52         (l) A single product consisting of two or more of the items
   53  listed in paragraphs (a)-(k) and selling for $75 or less.
   54         (m) A portable generator that is used to provide light,
   55  support communications, or preserve food during a power outage
   56  and selling for $1,000 or less.
   57         (n) A standby generator intended to be permanently affixed
   58  to real property and selling for $5,000 or less.
   59         (o) A personal locator beacon selling for $600 or less.
   60         (p) An emergency position-indicating radio beacon selling
   61  for $1,500 or less.
   62         (2) The tax exemption provided in this section does not
   63  apply to sales within a public lodging establishment as defined
   64  in s. 509.013(4), Florida Statutes, a theme park or
   65  entertainment complex as defined in s. 509.013(9), Florida
   66  Statutes, or an airport as defined in s. 330.27(2), Florida
   67  Statutes.
   68         (3) The Department of Revenue may, and all conditions are
   69  deemed met to, adopt emergency rules pursuant to ss. 120.536(1)
   70  and 120.54, Florida Statutes, to implement this section.
   71         Section 3. For the 2017-2018 fiscal year, the sum of
   72  $70,072 in nonrecurring funds is appropriated from the General
   73  Revenue Fund to the Department of Revenue to administer the tax
   74  exemption for the purchase of tangible personal property
   75  relating to disaster preparedness specified under this act.
   76         Section 4. This act shall take effect upon becoming a law.