House Bill 1693

    Florida House of Representatives - 1999                HB 1693

        By Representatives Waters, Feeney, Constantine, Kelly, C.
    Green, Melvin, Casey and J. Miller





  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 an exemption from the tax for certain

  5         organizations that are primarily funded by

  6         local governments and that encourage the use of

  7         certain locations as venues for sporting

  8         events; providing an effective date.

  9

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

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12         Section 1.  Paragraph (gg) of subsection (7) 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         (7)  MISCELLANEOUS EXEMPTIONS.--

21         (gg)  Athletic event sponsors.--There shall be exempt

22  from the tax imposed by this chapter sales or leases to those

23  organizations that which:

24         1.a.  Are incorporated pursuant to chapter 617; and

25         2.b.  Hold a current exemption from federal corporate

26  income tax liability pursuant to s. 501(c)(3) of the Internal

27  Revenue Code of 1986, as amended; and

28         3.a.2.  Sponsor golf tournaments sanctioned by the PGA

29  Tour, PGA of America, or the LPGA; or.

30         b.  Are funded primarily by county or municipal

31  governments and have as their primary purpose the

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






    Florida House of Representatives - 1999                HB 1693

    722-109-99






  1  encouragement and facilitation of the use of certain locations

  2  within this state as venues for sporting events.

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  4  Exemptions provided to any entity by this subsection shall not

  5  inure to any transaction otherwise taxable under this chapter

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

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

  8  check, or credit card even when that representative or

  9  employee is subsequently reimbursed by such entity.

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

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13                          SENATE SUMMARY

14    Provides an exemption from the tax on sales, use, and
      other transactions to certain organizations that are
15    primarily funded by municipal or county governments and
      that have as their primary purpose the encouragement and
16    facilitation of certain locations within this state as
      venues for sporting events.
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