Senate Bill 1900

    Florida Senate - 1998                                  SB 1900

    By Senator Cowin





    11-1468A-98

  1                      A bill to be entitled

  2         An act relating to sales taxes; creating s.

  3         212.0805, F.S.; designating the second Saturday

  4         in August as Taxpayer Relief Day; providing

  5         that certain sales on that day be free of sales

  6         taxes; providing for rules; providing an

  7         effective date.

  8

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

10

11         Section 1.  Section 212.0805, Florida Statutes, is

12  created to read:

13         212.0805  Taxpayer Relief Day.--The second Saturday in

14  August each year is designated Taxpayer Relief Day.  On that

15  day, the first $25,000 of each sale that otherwise would be

16  subject to the state sales tax imposed by this chapter is

17  exempt from such tax. The exemption provided by this section

18  applies only to sales in which the amount of the tax is

19  calculated separately for each transaction and is entered as a

20  separate item on the sales invoice; it does not apply to any

21  sale in which the tax is calculated in advance of the sales

22  transaction and is included as part of a single, comprehensive

23  sales price. The Department of Revenue shall adopt rules to

24  administer this section.

25         Section 2.  This act shall take effect upon becoming a

26  law.

27

28            *****************************************

29                          SENATE SUMMARY

30    Designates the second Saturday in August as Taxpayer
      Relief Day, when sales up to $25,000 are exempted from
31    state sales taxes.

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