Florida Senate - 2010 SB 2454 By Senator Negron 28-01445A-10 20102454__ 1 A bill to be entitled 2 An act relating to the tax on sales, use, and other 3 transactions; providing a short title; amending s. 4 212.05, F.S.; imposing a maximum limitation on the 5 amount of tax collected on sales of boats in this 6 state; providing an effective date. 7 8 WHEREAS, Florida’s maritime and boating industry, including 9 the sale and servicing of large boats, has historically been a 10 significant component of Florida’s economy, with over 220,000 11 people employed in this and related industries, and 12 WHEREAS, the boating industry not only creates significant 13 numbers of jobs in Florida, but also attracts large amounts of 14 capital, causes significant tax revenue to be collected, and 15 creates extensive indirect jobs and other benefits, and 16 WHEREAS, the voters in Florida made clear in the most 17 recent election that, by amending Florida’s constitution, they 18 value highly Florida’s working waterfronts and want to see those 19 waterfronts taking advantage of Florida’s natural amenities and 20 adding further to employment and capital investment in Florida, 21 and 22 WHEREAS, current tax policy discourages the purchase, use, 23 and maintenance of boats in Florida and actually requires 24 certain purchasers to leave the state to avoid unnecessary 25 taxation, with a resulting loss of jobs, capital investment, and 26 sales and use tax revenue, and 27 WHEREAS, current law and policy results in little or no 28 sales tax revenue collection on the purchase and sale of large 29 boats because of far more advantageous law and policy in other 30 jurisdictions, including offshore, and 31 WHEREAS, changing tax policy to encourage the sale, use, 32 maintenance, repair, and overhaul of boats in Florida would 33 energize Florida’s economy, create jobs, attract capital, and 34 generate additional sales and use tax revenue, and, indirectly, 35 assist law enforcement and the United States Department of 36 Homeland Security by decreasing the number of offshore 37 registered boats in Florida’s and America’s waters, NOW, 38 THEREFORE, 39 40 Be It Enacted by the Legislature of the State of Florida: 41 42 Section 1. This act may be cited as the “Florida Maritime 43 Full Employment Act.” 44 Section 2. Subsection (5) is added to section 212.05, 45 Florida Statutes, to read: 46 212.05 Sales, storage, use tax.—It is hereby declared to be 47 the legislative intent that every person is exercising a taxable 48 privilege who engages in the business of selling tangible 49 personal property at retail in this state, including the 50 business of making mail order sales, or who rents or furnishes 51 any of the things or services taxable under this chapter, or who 52 stores for use or consumption in this state any item or article 53 of tangible personal property as defined herein and who leases 54 or rents such property within the state. 55 (5) Notwithstanding any other provision of this chapter, 56 the maximum amount of tax imposed under this chapter and 57 collected on each sale or use of a boat in this state may not 58 exceed $18,000. 59 Section 3. This act shall take effect July 1, 2010.