Florida Senate - 2016                                     SB 802
       
       
        
       By Senator Benacquisto
       
       
       
       
       
       30-00955-16                                            2016802__
    1                        A bill to be entitled                      
    2         An act relating to the use tax for asphalt; amending
    3         s. 212.06, F.S.; reducing by a specified percentage
    4         over time an indexed tax on manufactured asphalt used
    5         for a government public works project; providing an
    6         effective date.
    7          
    8  Be It Enacted by the Legislature of the State of Florida:
    9  
   10         Section 1. Paragraph (c) of subsection (1) of section
   11  212.06, Florida Statutes, is amended to read:
   12         212.06 Sales, storage, use tax; collectible from dealers;
   13  “dealer” defined; dealers to collect from purchasers;
   14  legislative intent as to scope of tax.—
   15         (1)
   16         (c)1. Notwithstanding the provisions of paragraph (b), the
   17  use tax on asphalt manufactured for one’s own use shall be
   18  calculated with respect to paragraph (b) only upon the cost of
   19  materials which become a component part or which are an
   20  ingredient of the finished asphalt and upon the cost of the
   21  transportation of such components and ingredients. In addition,
   22  an indexed tax of 38 cents per ton of such manufactured asphalt
   23  shall be due at the same time and in the same manner as taxes
   24  due pursuant to paragraph (b). Beginning July 1, 1989, the
   25  indexed tax shall be adjusted each July 1 to an amount, rounded
   26  to the nearest cent, equal to the product of 38 cents multiplied
   27  by a fraction, the numerator of which is the annual average of
   28  the “materials and components for construction” series of the
   29  producer price index, as calculated and published by the United
   30  States Department of Labor, Bureau of Statistics, for the
   31  previous calendar year, and the denominator of which is the
   32  annual average of said series for calendar year 1988.
   33         2.a. Beginning July 1, 1999, the indexed tax imposed by
   34  this paragraph on manufactured asphalt which is used for any
   35  federal, state, or local government public works project shall
   36  be reduced by 20 percent.
   37         b. Beginning July 1, 2000, the indexed tax imposed by this
   38  paragraph on manufactured asphalt which is used for any federal,
   39  state, or local government public works project shall be reduced
   40  by 40 percent.
   41         c. Beginning July 1, 2016, the indexed tax imposed by this
   42  paragraph on manufactured asphalt which is used for any federal,
   43  state, or local government public works project shall be reduced
   44  by 60 percent.
   45         d. Beginning July 1, 2017, the indexed tax imposed by this
   46  paragraph on manufactured asphalt which is used for any federal,
   47  state, or local government public works project shall be reduced
   48  by 80 percent.
   49         e. Beginning July 1, 2018, the indexed tax imposed by this
   50  paragraph on manufactured asphalt which is used for any federal,
   51  state, or local government public works project shall be reduced
   52  by 100 percent.
   53         Section 2. This act shall take effect July 1, 2016.