Florida Senate - 2009                        COMMITTEE AMENDMENT
       Bill No. CS for SB 800
       
       
       
       
       
       
                                Barcode 201714                          
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
                   Comm: WD            .                                
                  04/21/2009           .                                
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       The Policy and Steering Committee on Ways and Means (Baker)
       recommended the following:
       
    1         Senate Amendment (with title amendment)
    2  
    3  
    4         Between lines 108 and 109
    5  insert:
    6         Section 4. Section 196.186, Florida Statutes, is created to
    7  read:
    8         196.186 Recovery of taxes on tangible personal property by
    9  heavy equipment rental companies.—Equipment rental companies
   10  that rent heavy equipment are authorized to pass through a
   11  recovery fee on rental invoices to recover annual tangible
   12  personal property taxes. The recovery fee may not exceed the
   13  tangible personal property tax rate for the county in which the
   14  rental facility is located. Heavy equipment property is defined
   15  as industrial or construction equipment and includes, but is not
   16  limited to, equipment described under NAICS code 532412.
   17  
   18  ================= T I T L E  A M E N D M E N T ================
   19         And the title is amended as follows:
   20         Delete line 15
   21  and insert:
   22         for homestead exemption purposes; creating 196.186,
   23         F.S.; providing for the recovery of taxes on tangible
   24         personal property by heavy equipment rental companies;
   25         providing an