Requires local business tax applicants to show an active license from the Office of Foreign Assets Control.
The bill amends the Florida Statutes to require individuals applying for or renewing a local business tax receipt to provide an active license or authorization from the Office of Foreign Assets Control of the United States Department of the Treasury. This applies to those who practice or manage any business or occupation that conducts transactions subject to sanctions administered by the Office of Foreign Assets Control. Online renewals may meet this requirement through electronic certification. The changes take effect on October 1, 2026.
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