CODING: Words stricken are deletions; words underlined are additions.
House Bill 0579c1




    Florida House of Representatives - 1997              CS/HB 579

        By the Committee on Finance & Taxation and Representatives
    Feeney, Maygarden, Mackey, Smith, Trovillion, Merchant and K.
    Pruitt




  1                      A bill to be entitled

  2         An act relating to tax on sales, use, and other

  3         transactions; amending s. 212.06, F.S.;

  4         providing that the indexed tax on manufactured

  5         asphalt shall not apply to manufactured asphalt

  6         used for any state or local government public

  7         works project; providing an effective date.

  8

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

10

11         Section 1.  Paragraph (c) of subsection (1) of section

12  212.06, Florida Statutes, is amended to read:

13         212.06  Sales, storage, use tax; collectible from

14  dealers; "dealer" defined; dealers to collect from purchasers;

15  legislative intent as to scope of tax.--

16         (1)

17         (c)  Notwithstanding the provisions of paragraph (b),

18  the use tax on asphalt manufactured for one's own use shall be

19  calculated with respect to paragraph (b) only upon the cost of

20  materials which become a component part or which are an

21  ingredient of the finished asphalt and upon the cost of the

22  transportation of such components and ingredients.  In

23  addition, an indexed tax of 38 cents per ton of such

24  manufactured asphalt shall be due at the same time and in the

25  same manner as taxes due pursuant to paragraph (b). Beginning

26  July 1, 1989, the indexed tax shall be adjusted each July 1 to

27  an amount, rounded to the nearest cent, equal to the product

28  of 38 cents multiplied by a fraction, the numerator of which

29  is the annual average of the "materials and components for

30  construction" series of the producer price index, as

31  calculated and published by the United States Department of

                                  1

CODING: Words stricken are deletions; words underlined are additions.






    Florida House of Representatives - 1997              CS/HB 579

    696-107-97






  1  Labor, Bureau of Statistics, for the previous calendar year,

  2  and the denominator of which is the annual average of said

  3  series for calendar year 1988.  The indexed tax imposed by

  4  this paragraph shall not apply to manufactured asphalt which

  5  is used for any state or local government public works

  6  project.

  7         Section 2.  This act shall take effect July 1, 1997.

  8

  9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27

28

29

30

31

                                  2