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





                                                  SENATE AMENDMENT

    Bill No. CS for SB 1564

    Amendment No.    

                            CHAMBER ACTION
              Senate                               House
                                   .
                                   .
 1                                 .
                                   .
 2                                 .
                                   .
 3                                 .
                                   .
 4                                                                

 5

 6

 7

 8

 9

10                                                                

11  Senator Kirkpatrick moved the following amendment:

12

13         Senate Amendment (with title amendment) 

14         On page 5, line 13, through page 7, line 25, delete

15  those lines

16

17  and insert:

18         Section 2.  Paragraph (f) of subsection (5) of section

19  212.08, Florida Statutes, 1998 Supplement, is amended to read:

20         212.08  Sales, rental, use, consumption, distribution,

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

22  the rental, the use, the consumption, the distribution, and

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

24  following are hereby specifically exempt from the tax imposed

25  by this chapter.

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

27         (f)  Motion picture or video equipment used in motion

28  picture or television production activities and sound

29  recording equipment used in the production of master tapes and

30  master records; certain machinery or equipment purchased or

31  leased to produce, originate, or broadcast digital television

                                  1
    4:56 PM   04/28/99                              s1564c1c-0510a




                                                  SENATE AMENDMENT

    Bill No. CS for SB 1564

    Amendment No.    





 1  signals.--

 2         1.  Motion picture or video equipment and sound

 3  recording equipment purchased or leased for use in this state

 4  in production activities is exempt from the tax imposed by

 5  this chapter upon an affirmative showing by the purchaser or

 6  lessee to the satisfaction of the department that the

 7  equipment will be used for production activities.

 8         2.  There is exempt from the tax imposed by this

 9  chapter all machinery or equipment purchased or leased in this

10  state for use by a television studio, television network,

11  television production company, or federally licensed

12  television station in the production, origination, or

13  broadcast of digital television signals.

14         3.  The exemptions exemption provided by this paragraph

15  shall inure to the taxpayer only through a refund of

16  previously paid taxes. Notwithstanding the provisions of s.

17  212.095, such refund shall be made within 30 days of formal

18  application, which application may be made after the

19  completion of production activities or on a quarterly basis

20  with respect to the refund authorized under subparagraph 1.,

21  and on a quarterly basis with respect to the refund authorized

22  under subparagraph 2. Notwithstanding the provisions of

23  chapter 213, the department shall provide the Office of

24  Tourism, Trade, and Economic Development Department of

25  Commerce with a copy of each refund application and the amount

26  of such refund, if any.

27         4.2.  For the purpose of the exemption provided in

28  subparagraph 1.:

29         a.  "Motion picture or video equipment" and "sound

30  recording equipment" includes only equipment meeting the

31  definition of "section 38 property" as defined in s.

                                  2
    4:56 PM   04/28/99                              s1564c1c-0510a




                                                  SENATE AMENDMENT

    Bill No. CS for SB 1564

    Amendment No.    





 1  48(a)(1)(A) and (B)(i) of the Internal Revenue Code that is

 2  used by the lessee or purchaser exclusively as an integral

 3  part of production activities; however, motion picture or

 4  video equipment and sound recording equipment does not include

 5  supplies, tape, records, film, or video tape used in

 6  productions or other similar items; vehicles or vessels; or

 7  general office equipment not specifically suited to production

 8  activities.  In addition, the term does not include equipment

 9  purchased or leased by television or radio broadcasting or

10  cable companies licensed by the Federal Communications

11  Commission.

12         b.  "Production activities" means activities directed

13  toward the preparation of a:

14         (I)  Master tape or master record embodying sound; or

15         (II)  Motion picture or television production which is

16  produced for theatrical, commercial, advertising, or

17  educational purposes and utilizes live or animated actions or

18  a combination of live and animated actions. The motion picture

19  or television production shall be commercially produced for

20  sale or for showing on screens or broadcasting on television

21  and may be on film or video tape.

22         5.  For the purpose of the exemption provided in

23  subparagraph 2., the term "machinery or equipment" means

24  machinery or equipment as described in 47 C.F.R., part 73, or

25  "section 38 property" as defined in s. 48(a)(1)(A) and (B)(i)

26  of the Internal Revenue Code, purchased or leased in this

27  state for use by a television studio, television network,

28  television production company, or federally licensed

29  television station in the production, origination, or

30  broadcast of digital television signals.

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

                                  3
    4:56 PM   04/28/99                              s1564c1c-0510a




                                                  SENATE AMENDMENT

    Bill No. CS for SB 1564

    Amendment No.    





 1  ================ T I T L E   A M E N D M E N T ===============

 2  And the title is amended as follows:

 3         On page 1, lines 11-15, delete those lines

 4

 5  and insert:

 6         certain machinery or equipment purchased or

 7         leased for use in the production, origination,

 8         or broadcast of digital television signals;

 9         defining the term "machinery or equipment" for

10         purposes of such exemption;

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27

28

29

30

31

                                  4
    4:56 PM   04/28/99                              s1564c1c-0510a