Florida Senate - 2016                        COMMITTEE AMENDMENT
       Bill No. CS for SB 1236
       
       
       
       
       
       
                                Ì434718<Î434718                         
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
                  Comm: RCS            .                                
                  02/16/2016           .                                
                                       .                                
                                       .                                
                                       .                                
       —————————————————————————————————————————————————————————————————




       —————————————————————————————————————————————————————————————————
       The Committee on Finance and Tax (Flores) recommended the
       following:
       
    1         Senate Amendment 
    2  
    3         Delete lines 17 - 39
    4  and insert:
    5  registered with the Department of Revenue and began operation no
    6  later than January 11, 2016, and that owed and remitted to the
    7  Department of Revenue less than $200,000 in total tax under
    8  chapter 212, Florida Statutes, for the 1-year period ending
    9  September 30, 2016. If the dealer has not been in operation for
   10  a 1-year period as of September 30, 2016, the dealer must have
   11  owed and remitted less than $200,000 in total tax under chapter
   12  212, Florida Statutes, for the period beginning on the day that
   13  the dealer began operation and ending September 30, 2016, in
   14  order to qualify as a small business under this section. If the
   15  dealer is eligible to file a consolidated return pursuant to s.
   16  212.11(1)(e), Florida Statutes, the total tax under chapter 212,
   17  Florida Statutes, owed and remitted from all of the dealer’s
   18  places of business must be less than $200,000 for the applicable
   19  period ending September 30, 2016.
   20         (2) Subject to subsection (3), the tax levied under chapter
   21  212, Florida Statutes, may not be collected by a small business
   22  during the period from 12:01 a.m. on November 26, 2016, through
   23  11:59 p.m. on November 26, 2016, on the retail sale, as defined
   24  in s. 212.02(14), Florida Statutes, of any item of tangible
   25  personal property, as defined in s. 212.02(19), Florida
   26  Statutes, having a sales price of $1,000 or less per item.
   27         (3) At its option, a small business may choose not to
   28  participate in the sales and use tax exemption provided in
   29  subsection (2) and may collect tax on all sales made on November
   30  26, 2016.
   31         (4) The Department of Revenue may, and all conditions are