HB 1563

1	A bill to be entitled
2	An act relating to the tax on rental or license fee for
3	use of real property; repealing s. 212.031(9), F.S.,
4	relating to an exemption from the tax on rental or license
5	fees for the use of real property which applies to charges
6	for the rental, lease, sublease, or license for the use of
7	a skybox, luxury box, or other box seats during a high
8	school or college football game; providing that the repeal
9	is inapplicable to contracts entered into before a
10	specified date; providing that the exempt status of
11	charges imposed under any such contract ends after a
12	specified date; providing an effective date.
13
14	Be It Enacted by the Legislature of the State of Florida:
15
16	Section 1.  Subsection (9) of section 212.031, Florida
17	Statutes, is repealed:
18	212.031  Tax on rental or license fee for use of real
19	property.--
20	(9)  The rental, lease, sublease, or license for the use of
21	a skybox, luxury box, or other box seats for use during a high
22	school or college football game is exempt from the tax imposed
23	by this section when the charge for such rental, lease,
24	sublease, or license is imposed by a nonprofit sponsoring
25	organization which is qualified as nonprofit pursuant to s.
26	501(c)(3) of the Internal Revenue Code.
27	Section 2.  The repeal of subsection (9) of s. 212.031,
28	Florida Statutes, by this act does not affect contracts entered
29	into before January 1, 2004; however, the exempt status of
30	charges imposed under such a contract terminates no later than
31	January 1, 2009. Additionally, this repeal does not affect any
32	exemption granted under chapter 212, Florida Statutes, to
33	nonprofit organizations that are qualified under s. 501(c)(3) of
34	the Internal Revenue Code of 1986, as amended.
35	Section 3.  This act shall take effect July 1, 2004.

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