Florida Senate - 2013 COMMITTEE AMENDMENT
Bill No. CS for SB 316
Barcode 683512
LEGISLATIVE ACTION
Senate . House
Comm: FAV .
04/11/2013 .
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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.