Florida H1177 amends tax exemptions for defense and aerospace equipment and operations, and clarifies Space Florida's status.

Florida H1177 amends tax exemptions for defense and aerospace equipment and operations, and clarifies Space Florida's status. The bill exempts certain defense and aerospace machinery and equipment from sales and use tax if owned by a governmental entity and leased to a private lessee for qualifying purposes. It also exempts building materials for clean rooms in semiconductor-manufacturing facilities. The bill clarifies that Space Florida is not an agency and is not subject to certain bidding and contract procedures. The changes take effect July 1, 2026.

Florida H1177 amends tax exemptions for defense and aerospace equipment and operations, and clarifies Space Florida's status.

Florida H1177 amends tax exemptions for defense and aerospace equipment and operations, and clarifies Space Florida's status. The bill exempts certain defense and aerospace machinery and equipment from sales and use tax if owned by a governmental entity and leased to a private lessee for qualifying purposes. It also exempts building materials for clean rooms in semiconductor-manufacturing facilities. The bill clarifies that Space Florida is not an agency and is not subject to certain bidding and contract procedures. The changes take effect July 1, 2026.