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| 1 | A bill to be entitled | ||
| 2 | An act relating to the tax on sales, use, and other | ||
| 3 | transactions; creating the Sales Tax Exemption Commission; | ||
| 4 | providing for membership and duties of the commission; | ||
| 5 | requiring the commission to report to the Governor and to | ||
| 6 | legislative leaders; prohibiting the creation of new sales | ||
| 7 | tax exemptions for a specified period; providing an | ||
| 8 | effective date. | ||
| 9 | |||
| 10 | Be It Enacted by the Legislature of the State of Florida: | ||
| 11 | |||
| 12 | Section 1. Sales Tax Exemption Commission; creation; | ||
| 13 | membership; duties; prohibition.-- | ||
| 14 | (1) There is created the Sales Tax Exemption Commission, | ||
| 15 | consisting of nine residents of this state, none of whom may be | ||
| 16 | a member of the Florida Legislature. The Governor shall appoint | ||
| 17 | three members of the commission; the President of the Senate | ||
| 18 | shall appoint two members; the Speaker of the House of | ||
| 19 | Representatives shall appoint two members; the Minority Leader | ||
| 20 | of the Senate shall appoint one member; and the Minority Leader | ||
| 21 | of the House of Representatives shall appoint one member. The | ||
| 22 | membership of the commission must be representative of the | ||
| 23 | racial, gender, and economic diversity of the state. | ||
| 24 | (2) The duties of the commission are to review all sales | ||
| 25 | tax exemptions and make recommendations for eliminating | ||
| 26 | exemptions during fiscal years 2004-2005 through 2009-2010 so as | ||
| 27 | to generate a minimum of $25 billion in additional state | ||
| 28 | revenue. | ||
| 29 | (3) The additional revenue generated because of the | ||
| 30 | elimination of sales tax exemptions under subsection (2) must be | ||
| 31 | used to meet requirements for reducing class sizes in grades K- | ||
| 32 | 12 which are set forth in Section 1 of Article IX of the State | ||
| 33 | Constitution and for hiring new teachers as necessary to fulfill | ||
| 34 | those requirements. | ||
| 35 | (4) By January 1, 2004, the commission shall report its | ||
| 36 | recommendations to the Governor, the President of the Senate, | ||
| 37 | the Speaker of the House of Representatives, the Minority Leader | ||
| 38 | of the Senate, and the Minority Leader of the House of | ||
| 39 | Representatives. | ||
| 40 | (5) Between fiscal year 2004-2005 and fiscal year 2009- | ||
| 41 | 2010, no new sales tax exemptions may be established in this | ||
| 42 | state. | ||
| 43 | Section 2. This act shall take effect July 1, 2003. | ||