Florida 2025 Regular Session

Florida House Bill H6021 Compare Versions

Only one version of the bill is available at this time.

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3	3	HB 6021 2025
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7	7	CODING: Words stricken are deletions; words underlined are additions.
8	8	hb6021-00
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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
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14	14	A bill to be entitled 1
15	15	An act relating to tax exemption on sales of bullion; 2
16	16	amending s. 212.08, F.S.; expanding an exemption from 3
17	17	sales tax on sales of bullion; removing single 4
18	18	transaction requirements; removing a requirement for 5
19	19	certain documentation; providing an effective date. 6
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21	21	Be It Enacted by the Legislature of the State of Florida: 8
22	22	9
23	23	Section 1. Paragraph (ww) of subsection (7) of section 10
24	24	212.08, Florida Statutes, is amended to read: 11
25	25	212.08 Sales, rental, use, consumption, distribution, and 12
26	26	storage tax; specified exemptions. —The sale at retail, the 13
27	27	rental, the use, the consumption, the distribution, and the 14
28	28	storage to be used or consumed in this state of the followi ng 15
29	29	are hereby specifically exempt from the tax imposed by this 16
30	30	chapter. 17
31	31	(7) MISCELLANEOUS EXEMPTIONS. —Exemptions provided to any 18
32	32	entity by this chapter do not inure to any transaction that is 19
33	33	otherwise taxable under this chapter when payment is made by a 20
34	34	representative or employee of the entity by any means, 21
35	35	including, but not limited to, cash, check, or credit card, even 22
36	36	when that representative or employee is subsequently reimbursed 23
37	37	by the entity. In addition, exemptions provided to any entity by 24
38	38	this subsection do not inure to any transaction that is 25
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40	40	HB 6021 2025
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44	44	CODING: Words stricken are deletions; words underlined are additions.
45	45	hb6021-00
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47	47	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
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51	51	otherwise taxable under this chapter unless the entity has 26
52	52	obtained a sales tax exemption certificate from the department 27
53	53	or the entity obtains or provides other documentation as 28
54	54	required by the department. Eligible purchases or leases made 29
55	55	with such a certificate must be in strict compliance with this 30
56	56	subsection and departmental rules, and any person who makes an 31
57	57	exempt purchase with a certificate that is not in strict 32
58	58	compliance with this subsection and th e rules is liable for and 33
59	59	shall pay the tax. The department may adopt rules to administer 34
60	60	this subsection. 35
61	61	(ww) Bullion.—The sale of gold, silver, or platinum 36
62	62	bullion, or any combination thereof , in a single transaction is 37
63	63	exempt if the sales price excee ds $500. The dealer must maintain 38
64	64	proper documentation, as prescribed by rule of the department, 39
65	65	to identify that portion of a transaction which involves the 40
66	66	sale of gold, silver, or platinum bullion and is exempt under 41
67	67	this paragraph. 42
68	68	Section 2. This act shall take effect July 1, 2025. 43