Senate Bill 1044

    Florida Senate - 1999                                  SB 1044

    By Senator Bronson





    18-1100-99                                              See HB

  1                      A bill to be entitled

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

  3         transactions; amending s. 212.08, F.S.;

  4         providing an exemption for molds used to

  5         produce tangible personal property; providing

  6         an effective date.

  7

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

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10         Section 1.  Paragraph (zz) is added to subsection (7)

11  of section 212.08, Florida Statutes, 1998 Supplement, to read:

12         212.08  Sales, rental, use, consumption, distribution,

13  and storage tax; specified exemptions.--The sale at retail,

14  the rental, the use, the consumption, the distribution, and

15  the storage to be used or consumed in this state of the

16  following are hereby specifically exempt from the tax imposed

17  by this chapter.

18         (7)  MISCELLANEOUS EXEMPTIONS.--

19         (zz)  Molds used in the production of tangible personal

20  property.--Molds produced and used in this state for the

21  purpose of producing tangible personal property are exempt

22  from the tax imposed by this chapter. As used in this

23  paragraph, "molds" means hollow forms or matrixes of ferrous

24  or nonferrous metal or similar nonpermeable material that are

25  designed and created for the purpose of giving a particular

26  shape to something in a molten or plastic state.

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28  Exemptions provided to any entity by this subsection shall not

29  inure to any transaction otherwise taxable under this chapter

30  when payment is made by a representative or employee of such

31  entity by any means, including, but not limited to, cash,

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






    Florida Senate - 1999                                  SB 1044
    18-1100-99                                              See HB




  1  check, or credit card even when that representative or

  2  employee is subsequently reimbursed by such entity.

  3         Section 2.  This act shall take effect July 1, 1999.

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  6                          HOUSE SUMMARY

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      Provides a sales tax exemption for molds produced and
  8    used in this state to produce tangible personal property.

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