House Bill 2047

    Florida House of Representatives - 1999                HB 2047

        By Representative Wallace






  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 products made of plastic polymers;

  6         providing 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 products made of

20  plastic polymers.--Molds sold, produced, or used in this state

21  for the production of products from plastic polymers by

22  entities whose primary business is the production of products

23  from plastic polymers are exempt from the tax imposed by this

24  chapter. As used in this paragraph, "molds" means hollow forms

25  or matrixes of ferrous or nonferrous metal or similar

26  nonpermeable material that are designed and created for the

27  purpose of producing products made of plastic polymers.

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29  Exemptions provided to any entity by this subsection shall not

30  inure to any transaction otherwise taxable under this chapter

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

                                  1

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






    Florida House of Representatives - 1999                HB 2047

    567-155A-99






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

  2  check, or credit card even when that representative or

  3  employee is subsequently reimbursed by such entity.

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

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  7                          HOUSE SUMMARY

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      Provides a sales tax exemption for molds sold, produced,
  9    or used in this state to produce products made of plastic
      polymers.
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