Florida Senate - 2013 COMMITTEE AMENDMENT Bill No. CS for SB 316 Barcode 683512 LEGISLATIVE ACTION Senate . House Comm: FAV . 04/11/2013 . . . . ————————————————————————————————————————————————————————————————— ————————————————————————————————————————————————————————————————— Appropriations Subcommittee on Finance and Tax (Brandes) recommended the following: 1 Senate Amendment to Amendment (126132) 2 3 Delete line 130 4 and insert: 5 presumption arose. Beginning July 1, 2018, and every 5 years 6 thereafter, the department shall calculate and publish an 7 adjustment to the $10,000 gross receipts amount based on the 8 average percentage change in the Consumer Price Index for All 9 Urban Consumers, U.S. City Average, All Items, compiled by the 10 United States Department of Labor for the immediately preceding 11 5 calendar years. The adjustment to the $10,000 minimum shall be 12 rounded to the nearest $50 increment and take effect on the 13 January 1 following the publication of the adjustment by the 14 department.