Florida machinery gains permanent tax-exempt status

Manufacturing machinery and agricultural equipment used in Florida and meeting certain criteria will now remain permanently tax exempt as of July 1, thanks to a renewal law passed by the Florida legislature recently in Tallahassee.


Manufacturing machinery and agricultural equipment used in Florida and meeting certain criteria will now remain permanently tax exempt as of July 1, thanks to a renewal law passed by the Florida legislature recently in Tallahassee.

House Bill 7099 provides for relief from sales and use tax of industrial apparatus purchased by qualifying businesses in the Sunshine State. In addition to manufacturing, specific post-harvest farming activities, repair parts, labor and metal recycling are covered by the reprieve.

A temporary exemption was slated to expire April 30, 2017. The permanent exemption excludes coverage for drums attached to mixer trucks and their associated parts and labor. The new ruling states that all gear used more than 50 percent of the time with a minimum three-year depreciation that is used in conjunction with sales is exempt.

H.B. 7099 covers a spectrum of taxable goods and services beyond agricultural and manufacturing, providing for changes to taxes in the industries of tourist development, aviation, tobacco products and liquor or tobacco sold on cruise ships. It also extends authority to local jurisdictions regarding decisions on property tax for data center equipment.

For the benefit of Florida consumers, H.B. 7099 will create a back-to-school sales tax holiday for a two-day period falling between Aug. 5-7.

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Florida Chamber of Commerce Ryan State of Florida

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