The bill amends several sections of Florida Statutes to enhance the operational framework and tax exemptions related to Space Florida and its activities. It revises the definition of "governmental purpose" to include defense and aerospace uses, as well as spaceport activities. Additionally, it specifies that the lease or rental of certain properties owned by governmental entities to private entities for defense or aerospace purposes will not be subject to sales and use tax. The bill also introduces requirements for exemption certificates and establishes liability for private lessees if the leased property is used for nonqualifying purposes.

Furthermore, the bill clarifies that Space Florida is not classified as an agency under certain statutes, thereby exempting it from specific bidding and contract procedures when using nonappropriated state funds. The Department of Revenue is tasked with adopting rules to implement these changes. The effective date for the bill is set for July 1, 2026.

Statutes affected:
H 1177 Filed: 196.012, 212.06, 212.08, 331.302