SB 620- Relating to Disaster Preparedness Tax Exemption
On Tuesday, January 16th, SB 620, by Senator Kathleen Passidomo (R-Naples) was heard by the Senate Appropriations Subcommittee on Finance and Tax and passed by a vote of 6 yeas to 0 nays. AIF stood in support of this bill.
This bill establishes a 10-day (from June 1-10, 2018) sales tax exemption on certain items relating to disaster preparedness and protection. During the exemption period, the following items, will be exempt from state sales and use tax and county discretionary sales surtaxes: certain light sources, radios, tarps, “tie-down” kits, fuel tanks, batteries, first aid kits, cellular telephone chargers, food storage coolers, portable generators, storm shutter devices, carbon monoxide detectors, reusable ice, personal locater beacons, and emergency position-indicating radio beacons.
SB 620 will go on to the full Senate Committee on Appropriations for its next hearing.
AIF supports legislation that provides Florida’s families and business community with a 10-day disaster preparedness tax exemption encouraging them to protect their assets against potential destruction.