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





                                                   HOUSE AMENDMENT

                                                Bill No. CS/HB 545

    Amendment No. 001 (for drafter's use only)

                            CHAMBER ACTION
              Senate                               House
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 4                                                                

 5                                           ORIGINAL STAMP BELOW

 6

 7

 8

 9

10                                                                

11  The Committee on Finance & Taxation offered the following:

12

13         Amendment (with title amendment) 

14         On page 1, line 21

15  remove from the bill:  everything after the enacting clause

16

17  and insert in lieu thereof:

18         Section 1.  Paragraph (a) of subsection (14) of section

19  212.02, Florida Statutes, 1998 Supplement, and subsection (20)

20  of section 212.02, Florida Statutes, 1998 Supplement, are

21  amended to read:

22         212.02  Definitions.--The following terms and phrases

23  when used in this chapter have the meanings ascribed to them

24  in this section, except where the context clearly indicates a

25  different meaning:

26         (14)(a)  "Retail sale" or a "sale at retail" means a

27  sale to a consumer or to any person for any purpose other than

28  for resale in the form of tangible personal property or

29  services taxable under this chapter, and includes all such

30  transactions that may be made in lieu of retail sales or sales

31  at retail.  A sale for resale includes a sale of qualifying

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                                                   HOUSE AMENDMENT

                                                Bill No. CS/HB 545

    Amendment No. 001 (for drafter's use only)





 1  property.  As used in this paragraph, "qualifying property"

 2  means tangible personal property, other than electricity, used

 3  or consumed by a government contractor in the performance of a

 4  qualifying contract, as defined by s. 212.08(17)(c), to the

 5  extend that the cost of the property is allocated or charged

 6  as a direct item of cost to such contract, and title to which

 7  property vests in or passes to the government under the

 8  contract.  The term "government contractor" shall include

 9  prime contractors and subcontractors.  As used in this

10  paragraph, a cost is a "direct item of cost" if it is a

11  "direct cost" as defined in 48 CFR 9904.418-30(a)(2), or

12  similar successor provisions, including costs identified

13  specifically with a particular contract.

14         (20)  "Use" means and includes the exercise of any

15  right or power over tangible personal property incident to the

16  ownership thereof, or interest therein, except that it does

17  not include the sale at retail of that property in the regular

18  course of business. The term "use" does not include the loan

19  of an automobile by a motor vehicle dealer to a high school

20  for use in its driver education and safety program.  The term

21  "use" does not include a contractor's use of "qualifying

22  property" as defined by s. 212.02(14)(a).

23         (2)  It is the intent of the Legislature that the

24  amendments to s. 212.02(14)(a) and 212.02(20), Florida

25  Statutes, 1998 Supplement, made by this section clarify and

26  confirm existing law with respect to the tax imposed by

27  chapter 212, Florida Statutes.

28         Section 2.  (1) Subsection (17) is added to section

29  212.08, Florida Statutes, 1998 Supplement, to read:

30         212.08  Sales, rental, use, consumption, distribution,

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

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                                                   HOUSE AMENDMENT

                                                Bill No. CS/HB 545

    Amendment No. 001 (for drafter's use only)





 1  the rental, the use, the consumption, the distribution, and

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

 3  following are hereby specifically exempt from the tax imposed

 4  by this chapter.

 5         (17)  EXEMPTIONS:  CERTAIN GOVERNMENT CONTRACTORS.--

 6         (a)  Subject to paragraph (d), the tax imposed by this

 7  chapter does not apply to the sale or use by a government

 8  contractor of overhead materials.  The term "government

 9  contractor" shall include prime contractors and

10  subcontractors.

11         (b)  As used in this subsection, "overhead materials"

12  means all tangible personal property, other than qualifying

13  property as defined in s. 212.02(14)(a) and electricity, used

14  or consumed in the performance of a qualifying contract, title

15  to which property vests in or passes to the government under

16  the contract.

17         (c)  As used in this subsection and in s.

18  212.02(14)(a), "qualifying contract" means a contract with the

19  United States Department of Defense or the National

20  Aeronautics and Space Administration, or a subcontract

21  thereunder, but does not include a contract or subcontract for

22  the repair, alteration, improvement or construction of real

23  property except to the extent that purchases under such a

24  contract would otherwise be exempt from the tax imposed by

25  this chapter.

26         (d)  The exemption provided in this subsection shall

27  apply as follows:

28         1.  Beginning July 1, 1999, the tax imposed by this

29  chapter shall be applicable to 80 percent of the sales price

30  or cost price of such overhead materials.

31         2.  Beginning July 1, 2000, the tax imposed by this

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                                                   HOUSE AMENDMENT

                                                Bill No. CS/HB 545

    Amendment No. 001 (for drafter's use only)





 1  chapter shall be applicable to 60 percent of the sales price

 2  or cost price of such overhead materials.

 3         3.  Beginning July 1, 2001, the tax imposed by this

 4  chapter shall be applicable to 40 percent of the sales price

 5  or cost price of such overhead materials.

 6         4.  Beginning July 1, 2002, the tax imposed by this

 7  chapter shall be applicable to 20 percent of the sales price

 8  or cost price of such overhead materials.

 9         5.  Beginning July 1, 2003, the entire sales price or

10  cost price of such overhead materials is exempt from the tax

11  imposed by this chapter.

12  The exemption provided in this subsection shall not apply to

13  any part of the cost of overhead materials allocated to a

14  contract which is not a qualifying contract.

15         (e)  Possession by a seller of a resale certificate or

16  direct pay permit relieves the seller from the responsibility

17  of collecting the tax, and the department shall look solely to

18  the contractor for recovery of such tax if it determines that

19  the contractor was not entitled to the exemption.  The

20  contractor shall self-accrue and remit any applicable sales or

21  use tax due with respect to overhead materials and with

22  respect to costs allocable to contracts which are not

23  qualifying contracts.  The department is authorized to amend

24  its rules to reflect the use of resale certificates and direct

25  pay permits with respect to the exemption provided for in this

26  subsection.

27         (2)  Nothing in this section shall be construed as an

28  expression of legislative intent as to the applicability of

29  any tax to any sale or use of overhead materials prior to July

30  1, 1999.  Further, nothing in this section shall be construed

31  as implying that transactions or costs not described in this

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                                                   HOUSE AMENDMENT

                                                Bill No. CS/HB 545

    Amendment No. 001 (for drafter's use only)





 1  section are taxable.

 2         Section 3.  Except as otherwise provided in Section 1,

 3  this act shall take effect July 1, 1999.

 4

 5

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

 7  And the title is amended as follows:

 8         On page 1, lines 2-17

 9  remove from the title of the bill:  all of said lines

10

11  and insert in lieu thereof:

12  An act relating to tax on sales, use and other transactions;

13  amendment s. 212.02, F.S.; providing that a sale for resale

14  includes the sale of certain tangible personal property used

15  or consumed by a government contractor in the performance of a

16  contract with the United States Department of Defense or the

17  National Aeronautics and Space Administration under certain

18  conditions; providing intent; amending s. 212.08, F.S.;

19  providing an exemption for sales or use by a government

20  contractor of overhead materials used or consumed in the

21  performance of such a contract under certain conditions;

22  providing definitions; providing a schedule for implementing

23  the exemption; providing intent; providing an effective date.

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