| Old | New | Differences | |
|---|---|---|---|
| 1 | 1 | ||
| 2 | 2 | ||
| 3 | 3 | HB 791 2023 | |
| 4 | 4 | ||
| 5 | 5 | ||
| 6 | 6 | ||
| 7 | 7 | CODING: Words stricken are deletions; words underlined are additions. | |
| 8 | 8 | hb0791-00 | |
| 9 | 9 | Page 1 of 1 | |
| 10 | 10 | F L O R I D A H O U S E O F R E P R E S E N T A T I V E S | |
| 11 | 11 | ||
| 12 | 12 | ||
| 13 | 13 | ||
| 14 | 14 | A bill to be entitled 1 | |
| 15 | 15 | An act relating to taxes on purchases made through 2 | |
| 16 | 16 | private-label credit card programs; amending s. 3 | |
| 17 | 17 | 212.17, F.S.; removing the limitation on the maximum 4 | |
| 18 | 18 | amount of tax that can be recovered from certain 5 | |
| 19 | 19 | payments; providing an effective date. 6 | |
| 20 | 20 | 7 | |
| 21 | 21 | Be It Enacted by the Legislature of the State of Florida: 8 | |
| 22 | 22 | 9 | |
| 23 | 23 | Section 1. Paragraph (g) of subsection (4) of section 10 | |
| 24 | 24 | 212.17, Florida Statutes, is amended to read: 11 | |
| 25 | 25 | 212.17 Tax credits or refunds. — 12 | |
| 26 | 26 | (4) With respect to the payment of taxes on purchases made 13 | |
| 27 | 27 | through a private-label credit card program: 14 | |
| 28 | 28 | (g) The amount of the credit or refund that a dealer is 15 | |
| 29 | 29 | eligible to recover under this subsection is limited to 64.4 16 | |
| 30 | 30 | percent of the tax paid to the department which is attributable 17 | |
| 31 | 31 | to bad debt. 18 | |
| 32 | 32 | Section 2. This act shall take effect July 1, 2023. 19 |