The bill proposes an amendment to Florida Statutes section 212.08, specifically adding a new exemption for electric vertical takeoff and landing (eVTOL) aircraft. It introduces paragraph (vvv) to subsection (7), which states that the lease, sale, or transfer of eVTOL aircraft from a manufacturer to an operator will be exempt from the state sales tax. This exemption aims to promote the use and development of eVTOL technology within the state.

The effective date for this exemption is set for July 1, 2025. The bill emphasizes that while exemptions are provided, they must comply with existing regulations, including obtaining a sales tax exemption certificate from the department, ensuring that all transactions adhere to the stipulated rules.