Florida Senate - 2018 SB 60
By Senator Hukill
14-00143-18 201860__
1 A bill to be entitled
2 An act relating to the tax on sales, use, and other
3 transactions; amending s. 212.031, F.S.; reducing the
4 tax levied on rental or license fees charged for the
5 use of real property; making technical changes;
6 providing an effective date.
7
8 Be It Enacted by the Legislature of the State of Florida:
9
10 Section 1. Paragraphs (c) and (d) of subsection (1) of
11 section 212.031, Florida Statutes, are amended to read:
12 212.031 Tax on rental or license fee for use of real
13 property.—
14 (1)
15 (c) For the exercise of such privilege, a tax is levied at
16 the rate of 5 5.8 percent of and on the total rent or license
17 fee charged for such real property by the person charging or
18 collecting the rental or license fee. The total rent or license
19 fee charged for such real property must shall include payments
20 for the granting of a privilege to use or occupy real property
21 for any purpose and must shall include base rent, percentage
22 rents, or similar charges. Such charges must shall be included
23 in the total rent or license fee subject to tax under this
24 section whether or not they can be attributed to the ability of
25 the lessor’s or licensor’s property as used or operated to
26 attract customers. Payments for intrinsically valuable personal
27 property such as franchises, trademarks, service marks, logos,
28 or patents are not subject to tax under this section. If In the
29 case of a contractual arrangement that provides for both
30 payments that are taxable as total rent or license fee and
31 payments that are not taxable subject to tax, the tax shall be
32 based on a reasonable allocation of such payments and does shall
33 not apply to the that portion which is for the nontaxable
34 payments.
35 (d) If When the rental or license fee of any such real
36 property is paid by way of property, goods, wares, merchandise,
37 services, or other thing of value, the tax shall be at the rate
38 of 5 5.8 percent of the value of the property, goods, wares,
39 merchandise, services, or other thing of value.
40 Section 2. This act shall take effect January 1, 2019.