Bill Summary

by Passidomo Co Sponsors: Campbell, Stargel, Steube, Young CS Sponsors: Appropriations, Commerce and Tourism

Taxation; Specifying that certain filing fees for trial and appellate proceedings must be deposited into the State Courts Revenue Trust Fund rather than the General Revenue Fund; providing a documentary stamp tax exemption for notes and mortgages that are given in connection with a loan made by or on behalf of a housing financing authority; revising the military operations that qualify certain servicemembers for an additional ad valorem tax exemption; deleting a condition for unremarried spouses of deceased disabled ex-servicemembers to claim a certain ad valorem tax exemption; providing exemptions from documentary stamp taxes for certain loans made by the Florida Small Business Emergency Bridge Loan Program and the Agricultural Economic Development Program; revising the calculation of certain taxes by the Department of Revenue; reducing the tax levied on rental or license fees charged for the use of real property; increasing, for a specified fiscal year, the total amount of tax credits for the rehabilitation of drycleaning-solvent-contaminated sites and brownfield sites in designated brownfield areas, etc. APPROPRIATION: $1,055,205.00 Effective Date: Except as otherwise expressly provided in this act and except for this section, which shall take effect upon this act becoming a law, this act shall take effect July 1, 2018

   S Commerce and Tourism
   S Appropriations Subcommittee on Finance and Tax
   S Appropriations