January 25, 2016
Tallahassee, Fla. – The Associated Industries of Florida (AIF) today released the following statement attributed to its President & CEO Tom Feeney regarding the passage of Senate Bill 98, relating to the exemption from the sales and use tax for certain machinery and equipment, by the Senate Finance and Tax Committee.
“As Florida’s leader in manufacturing and Florida’s affiliate for the National Association of Manufacturers, AIF applauds the Senate Finance and Tax Committee today for passing Senate Bill 98. AIF supports permanently eliminating the sales tax imposed on the purchase of manufacturing equipment and machinery.
“This tax exemption, which is part of Governor Scott’s $79.3 billion budget proposal for FY 2016-17, is good for Florida’s employees and employers, and would help advance Florida’s manufacturing footprint, diversify the economy and create jobs.
“With SB 98 now heading to its last committee stop in the Senate, the full Appropriations Committee, we look forward to working with lawmakers to advance this pro-business tax cut that will lead to growing the manufacturing sector in the Sunshine State.”
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