A tax deal plan that will save citizens and companies more than $1.8 billion in taxes was approved by the Florida House on Thursday.
The bill, proposed by Rep. Stan McClain of Ocala, was approved 114-0. The Senate is currently considering the same tax plan.
The law establishes long-term restrictions for several items, including clothing and accessories for babies and toddlers, items for adult urinary tract infections, items for oral hygiene, tools and equipment for the production of gas from renewable sources, specific agriculture fencing, and services provided by local private investigative agencies.
For specific fridges, fridge/freezer combos, water heating systems, and dryers and washers that have earned the energy-star certification, a one-year tax reduction is also offered.
The legislation also provides a one-year exception for gas stoves and ranges as well as a planned 13-month decrease in the company rent tax between 5.5% to 4.5%.
Leave a Reply