The bill proposes significant changes to Florida's taxation of rental properties and related exemptions by repealing Section 212.031, which taxed rental or license fees for commercial real property, and Section 212.099, which provided a tax credit for contributions to nonprofit scholarship-funding organizations. It also amends Section 212.0598 to align with these changes and introduces a new definition for "qualified production services" in Section 212.0602. Additionally, Section 212.08 is modified to clarify tax exemptions for educational entities and production companies, aiming to streamline the tax structure for these sectors and reduce their tax burdens.

House Bill 817 further amends various sections of Florida Statutes regarding tax exemptions for production companies and the Florida Turnpike Enterprise. It allows qualified production companies to renew a sales and use tax exemption certificate for up to five years without reapplication and introduces a 90-day exemption certificate that can be renewed. The bill also clarifies the turnpike enterprise's ability to contract for services benefiting the public without eminent domain powers and removes references to commercial rental tax exemptions and high-speed rail system leases. The act is set to take effect on July 1, 2025.

Statutes affected:
H 817 Filed: 212.031, 212.0598, 212.0602, 212.08, 212.099, 338.234, 341.840, 1002.395