HB 369 2024
CODING: Words stricken are deletions; words underlined are additions.
hb0369-00
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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
A bill to be entitled 1
An act relating to virtual currency sales tax holiday; 2
defining the terms "convenience store" and "virtual 3
currency"; providing a sales tax exemption during a 4
specified period for the retail sale of tangible 5
personal property and services which is paid in 6
virtual currency and is made by specified 7
establishments; authorizing the Department of Revenue 8
to adopt emergency rules; providing that such rules 9
are effective for a specified period of time; 10
providing an effective date. 11
12
Be It Enacted by the Legislature of the State of Florida: 13
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Section 1. Virtual currency transactions; sales tax 15
holiday.— 16
(1) As used in this section, the term: 17
(a) "Convenience store" means a business that is engaged 18
primarily in the retail sale of groceries or motor fuels or 19
special fuels and may offer food services to the public. The 20
term includes businesses providing motor fuels or special fuels 21
to the public which also offer groceries or food service. 22
(b) "Virtual currency" has the same meaning as in s. 23
560.103, Florida Statutes. 24
(2) The tax levied under chapter 212, Florida Statutes, 25
HB 369 2024
CODING: Words stricken are deletions; words underlined are additions.
hb0369-00
Page 2 of 3
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
may not be collected during the period of June 1, 2025, through 26
July 31, 2025, on the ret ail sale of tangible personal property 27
or services which is taxable under that chapter if the sale is 28
paid in virtual currency and the sale is made by the following 29
establishments in this state: 30
(a) A retail service station that sells motor fuels or 31
special fuels to the public and is classified under the North 32
American Industry Classification System code 457120. 33
(b) A food service establishment permitted or licensed 34
under chapter 500, Florida Statutes, or a public food service 35
establishment licensed und er chapter 509, Florida Statutes. 36
(c) A grocery store. 37
(d) A convenience store. 38
(e) A cosmetology salon or specialty salon licensed under 39
chapter 477, Florida Statutes; a spa; or a barbershop as defined 40
in s. 476.034, Florida Statutes. 41
(f) A bar or nightclub. 42
(3) The Department of Revenue is authorized, and all 43
conditions are deemed met, to adopt emergency rules pursuant to 44
s. 120.54(4), Florida Statutes, for the purpose of implementing 45
this section. Notwithstanding any other law, emergency rules 46
adopted under this section are effective for the length of the 47
exemption period and may be renewed during the pendency of 48
procedures to adopt permanent rules addressing the subject of 49
the emergency rules. 50
HB 369 2024
CODING: Words stricken are deletions; words underlined are additions.
hb0369-00
Page 3 of 3
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
Section 2. This act shall take effect upon becoming a law. 51