Florida H0791 amends sales tax laws, affecting nonresident purchasers of boats and aircraft, and introduces a surtax on property sales.

Florida H0791 modifies sales tax regulations for nonresident purchasers of boats and aircraft. It requires these purchasers to remove their boats from the state within 10 days of purchase or face tax penalties. For qualifying boats, a 90-day extension can be applied for, extending the total allowable stay to 180 days. The bill also mandates that the Department of Revenue use a nationally recognized publication for valuing used motor vehicles. Additionally, it introduces a 5% surtax on property sales, collected by the Department of Revenue and distributed to county governing authorities.

Florida H0791 amends sales tax laws, affecting nonresident purchasers of boats and aircraft, and introduces a surtax on property sales.

Florida H0791 modifies sales tax regulations for nonresident purchasers of boats and aircraft. It requires these purchasers to remove their boats from the state within 10 days of purchase or face tax penalties. For qualifying boats, a 90-day extension can be applied for, extending the total allowable stay to 180 days. The bill also mandates that the Department of Revenue use a nationally recognized publication for valuing used motor vehicles. Additionally, it introduces a 5% surtax on property sales, collected by the Department of Revenue and distributed to county governing authorities.