Senate Bill 0328

    Florida Senate - 1999                                   SB 328

    By Senator Grant





    13-478-99

  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 an exemption for sales or leases to

  5         organizations that hold federal tax exemptions

  6         under s. 501(c)(3) of the Internal Revenue

  7         Code; providing an effective date.

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

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

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

13         212.08  Sales, rental, use, consumption, distribution,

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

15  the rental, the use, the consumption, the distribution, and

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

17  following are hereby specifically exempt from the tax imposed

18  by this chapter.

19         (7)  MISCELLANEOUS EXEMPTIONS.--

20         (zz)  Internal Revenue Code s. 501(c)(3)

21  organizations.--Also exempt from the tax imposed by this

22  chapter are sales or leases to an organization that holds a

23  current exemption from federal income tax under s. 501(c)(3)

24  of the Internal Revenue Code of 1986, as amended.

25         Exemptions provided to any entity by this subsection

26  shall not inure to any transaction otherwise taxable under

27  this chapter when payment is made by a representative or

28  employee of such entity by any means, including, but not

29  limited to, cash, check, or credit card even when that

30  representative or employee is subsequently reimbursed by such

31  entity.

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






    Florida Senate - 1999                                   SB 328
    13-478-99




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

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  4                          SENATE SUMMARY

  5    Provides an exemption from the tax on sales, use, and
      other transactions for sales or leases to organizations
  6    that hold federal tax exemptions under s. 501(c)(3) of
      the Internal Revenue Code.
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