Senate Bill sb0236c1

    Florida Senate - 2004                            CS for SB 236

    By the Committee on Appropriations; and Senators Posey and
    Fasano




    309-1926-04

  1                      A bill to be entitled

  2         An act relating to the tax on sales, use, and

  3         other transactions; repealing s. 212.031(9),

  4         F.S.; repealing the exemption from the tax on

  5         rental or license fees for the use of real

  6         property which applies to charges for the

  7         rental, lease, sublease, or license for the use

  8         of a skybox, luxury box, or other box seats

  9         during a high school or college football game;

10         providing that the repeal is inapplicable to

11         contracts entered into before a specified date;

12         providing that the exempt status of charges

13         imposed under any such contract ends after a

14         specified date; providing an effective date.

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

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18         Section 1.  Subsection (9) of section 212.031, Florida

19  Statutes, is repealed. This repeal does not affect contracts

20  entered into before January 1, 2004; however, the exempt

21  status of charges imposed under such a contract terminates no

22  later than January 1, 2009. In addition, this repeal does not

23  affect any exemption granted under chapter 212, Florida

24  Statutes, to nonprofit organizations that are qualified under

25  s. 501(c)(3) of the Internal Revenue Code of 1986, as amended.

26         Section 2.  This act shall take effect July 1, 2004.

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    Florida Senate - 2004                            CS for SB 236
    309-1926-04




 1          STATEMENT OF SUBSTANTIAL CHANGES CONTAINED IN
                       COMMITTEE SUBSTITUTE FOR
 2                         Senate Bill 236

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 4  The committee substitute provides that the repeal of the
    exemption does not affect contracts entered into prior to
 5  January 1, 2004 and the exempt status of such contracts
    terminates no later than January 1, 2009.
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    The committee substitute clarifies that the repeal does not
 7  affect any other sales tax exemptions granted under Chapter
    212 to qualified s. 501(c)(3) organizations.
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CODING: Words stricken are deletions; words underlined are additions.