Senate Bill 0110

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



    Florida Senate - 1999                                   SB 110

    By Senator McKay





    26-59-99

  1                      A bill to be entitled

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

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

  4         providing that an exemption from the tax

  5         applies to machinery and equipment purchased

  6         for use in phosphate severance, mining, or

  7         processing operations under specified

  8         conditions; providing an effective date.

  9

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

11

12         Section 1.  Paragraph (b) of subsection (5) of section

13  212.08, Florida Statutes, 1998 Supplement, is amended to read:

14         212.08  Sales, rental, use, consumption, distribution,

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

16  the rental, the use, the consumption, the distribution, and

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

18  following are hereby specifically exempt from the tax imposed

19  by this chapter.

20         (5)  EXEMPTIONS; ACCOUNT OF USE.--

21         (b)  Machinery and equipment used to increase

22  productive output.--

23         1.  Industrial machinery and equipment purchased for

24  use in new businesses which manufacture, process, compound, or

25  produce for sale, or for exclusive use in spaceport activities

26  as defined in s. 212.02, items of tangible personal property

27  at fixed locations are exempt from the tax imposed by this

28  chapter upon an affirmative showing by the taxpayer to the

29  satisfaction of the department that such items are used in a

30  new business in this state. Such purchases must be made prior

31  to the date the business first begins its productive

                                  1

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






    Florida Senate - 1999                                   SB 110
    26-59-99




  1  operations, and delivery of the purchased item must be made

  2  within 12 months of that date.

  3         2.a.  Industrial machinery and equipment purchased for

  4  use in expanding manufacturing facilities or plant units which

  5  manufacture, process, compound, or produce for sale, or for

  6  exclusive use in spaceport activities as defined in s. 212.02,

  7  items of tangible personal property at fixed locations in this

  8  state are exempt from any amount of tax imposed by this

  9  chapter in excess of $50,000 per calendar year upon an

10  affirmative showing by the taxpayer to the satisfaction of the

11  department that such items are used to increase the productive

12  output of such expanded business by not less than 10 percent.

13         b.  Notwithstanding any other provision of this

14  section, industrial machinery and equipment purchased for use

15  in expanding printing manufacturing facilities or plant units

16  that manufacture, process, compound, or produce for sale items

17  of tangible personal property at fixed locations in this state

18  are exempt from any amount of tax imposed by this chapter upon

19  an affirmative showing by the taxpayer to the satisfaction of

20  the department that such items are used to increase the

21  productive output of such an expanded business by not less

22  than 10 percent.

23         3.a.  To receive an exemption provided by subparagraph

24  1. or subparagraph 2., a qualifying business entity shall

25  apply to the department for a temporary tax exemption permit.

26  The application shall state that a new business exemption or

27  expanded business exemption is being sought. Upon a tentative

28  affirmative determination by the department pursuant to

29  subparagraph 1. or subparagraph 2., the department shall issue

30  such permit.

31

                                  2

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






    Florida Senate - 1999                                   SB 110
    26-59-99




  1         b.  The applicant shall be required to maintain all

  2  necessary books and records to support the exemption. Upon

  3  completion of purchases of qualified machinery and equipment

  4  pursuant to subparagraph 1. or subparagraph 2., the temporary

  5  tax permit shall be delivered to the department or returned to

  6  the department by certified or registered mail.

  7         c.  If, in a subsequent audit conducted by the

  8  department, it is determined that the machinery and equipment

  9  purchased as exempt under subparagraph 1. or subparagraph 2.

10  did not meet the criteria mandated by this paragraph or if

11  commencement of production did not occur, the amount of taxes

12  exempted at the time of purchase shall immediately be due and

13  payable to the department by the business entity, together

14  with the appropriate interest and penalty, computed from the

15  date of purchase, in the manner prescribed by this chapter.

16         d.  In the event a qualifying business entity fails to

17  apply for a temporary exemption permit or if the tentative

18  determination by the department required to obtain a temporary

19  exemption permit is negative, a qualifying business entity

20  shall receive the exemption provided in subparagraph 1. or

21  subparagraph 2. through a refund of previously paid taxes. No

22  refund may be made for such taxes unless the criteria mandated

23  by subparagraph 1. or subparagraph 2. have been met and

24  commencement of production has occurred.

25         4.  The department shall promulgate rules governing

26  applications for, issuance of, and the form of temporary tax

27  exemption permits; provisions for recapture of taxes; and the

28  manner and form of refund applications and may establish

29  guidelines as to the requisites for an affirmative showing of

30  increased productive output, commencement of production, and

31  qualification for exemption.

                                  3

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






    Florida Senate - 1999                                   SB 110
    26-59-99




  1         5.  The exemptions provided in subparagraphs 1. and 2.

  2  do not apply to machinery or equipment purchased or used by

  3  electric utility companies, communications companies,

  4  phosphate or other solid minerals (not including phosphate)

  5  severance, mining, or processing operations, oil or gas

  6  exploration or production operations, publishing firms that do

  7  not export at least 50 percent of their finished product out

  8  of the state, any firm subject to regulation by the Division

  9  of Hotels and Restaurants of the Department of Business and

10  Professional Regulation, or any firm which does not

11  manufacture, process, compound, or produce for sale, or for

12  exclusive use in spaceport activities as defined in s. 212.02,

13  items of tangible personal property. The exemptions provided

14  in subparagraphs 1. and 2. apply to machinery and equipment

15  purchased for use in phosphate severance, mining, or

16  processing operations only by way of a prospective credit

17  against taxes due under chapter 211 for taxes paid under this

18  chapter on such machinery and equipment.

19         6.  For the purposes of the exemptions provided in

20  subparagraphs 1. and 2., these terms have the following

21  meanings:

22         a.  "Industrial machinery and equipment" means "section

23  38 property" as defined in s. 48(a)(1)(A) and (B)(i) of the

24  Internal Revenue Code, provided "industrial machinery and

25  equipment" shall be construed by regulations adopted by the

26  Department of Revenue to mean tangible property used as an

27  integral part of the manufacturing, processing, compounding,

28  or producing for sale, or for exclusive use in spaceport

29  activities as defined in s. 212.02, of items of tangible

30  personal property. Such term includes parts and accessories

31

                                  4

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






    Florida Senate - 1999                                   SB 110
    26-59-99




  1  only to the extent that the exemption thereof is consistent

  2  with the provisions of this paragraph.

  3         b.  "Productive output" means the number of units

  4  actually produced by a single plant or operation in a single

  5  continuous 12-month period, irrespective of sales. Increases

  6  in productive output shall be measured by the output for 12

  7  continuous months immediately following the completion of

  8  installation of such machinery or equipment over the output

  9  for the 12 continuous months immediately preceding such

10  installation. However, if a different 12-month continuous

11  period of time would more accurately reflect the increase in

12  productive output of machinery and equipment purchased to

13  facilitate an expansion, the increase in productive output may

14  be measured during that 12-month continuous period of time if

15  such time period is mutually agreed upon by the Department of

16  Revenue and the expanding business prior to the commencement

17  of production; provided, however, in no case may such time

18  period begin later than 2 years following the completion of

19  installation of the new machinery and equipment. The units

20  used to measure productive output shall be physically

21  comparable between the two periods, irrespective of sales.

22         7.  Notwithstanding any other provision in this

23  paragraph to the contrary, in order to receive the exemption

24  provided in this paragraph a taxpayer must register with the

25  WAGES Program Business Registry established by the local WAGES

26  coalition for the area in which the taxpayer is located.  Such

27  registration establishes a commitment on the part of the

28  taxpayer to hire WAGES program participants to the maximum

29  extent possible consistent with the nature of their business.

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

31

                                  5

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






    Florida Senate - 1999                                   SB 110
    26-59-99




  1            *****************************************

  2                          SENATE SUMMARY

  3    Provides that exemption from the tax on sales, use, and
      other transactions applies to machinery and equipment
  4    purchased for use in phosphate severance, mining, or
      processing operations in the form of a credit against
  5    taxes due under ch. 211, F.S., for taxes paid under ch.
      212, F.S.
  6

  7

  8

  9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27

28

29

30

31

                                  6