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SB 1512: Space Florida

GENERAL BILL by Burgess

Space Florida; Revising the definition of the term “governmental purpose”; providing that certain property being used by a nongovernmental lessee pursuant to a project authorized by the Space Florida board of directors is deemed to perform an essential governmental purpose and is exempt from taxation; exempting from the sales and use tax certain tangible personal property leased to private entities; providing that Space Florida is not subject to certain provisions, etc.

Effective Date: 7/1/2026
Last Action: 1/27/2026 Senate - Now in Finance and Tax
Bill Text: Web Page | PDF

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