Committee/Subcommittee Amendment No. 2 to PCS for CS/HB 677 (2023)

Summary

Amendment No. 2 to PCS for CS/HB 677 (2023), offered by Representative Tant in the Commerce Committee, with a publication stamp of 4/10/2023. The amendment removes everything after the enacting clause and inserts a section amending section 212.12, Florida Statutes, the dealer's credit for collecting tax, which provides an allowance for a seller who files and pays only by electronic means. It states that the act takes effect October 1, 2023. The title amendment describes an act relating to credits for tax remittance by electronic means and decreasing the allowance.

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Full text

                                         COMMITTEE/SUBCOMMITTEE AMENDMENT
                                      Bill No. PCS for CS/HB 677      (2023)
       Amendment No. 2




            COMMITTEE/SUBCOMMITTEE ACTION
       ADOPTED                      (Y/N)
       ADOPTED AS AMENDED           (Y/N)
       ADOPTED W/O OBJECTION        (Y/N)
       FAILED TO ADOPT              (Y/N)
       WITHDRAWN                    (Y/N)
       OTHER


 1     Committee/Subcommittee hearing bill:     Commerce Committee
 2     Representative Tant offered the following:
 3
 4          Amendment (with title amendment)
 5          Remove everything after the enacting clause and insert:
 6          Section 1.   Paragraph (a) of subsection (1) of section
 7     212.12, Florida Statutes, is amended to read:
 8          212.12   Dealer's credit for collecting tax; penalties for
 9     noncompliance; powers of Department of Revenue in dealing with
10     delinquents; rounding; records required.—
11          (1)(a)   Notwithstanding any other law and for the purpose
12     of compensating persons granting licenses for and the lessors of
13     real and personal property taxed hereunder, for the purpose of
14     compensating dealers in tangible personal property, for the
15     purpose of compensating dealers providing communication services
16     and taxable services, for the purpose of compensating owners of
     PCS for CSHB 677 Strike2
      Published On: 4/10/2023 12:41:18 PM
                                  Page 1 of 3
                                           COMMITTEE/SUBCOMMITTEE AMENDMENT
                                        Bill No. PCS for CS/HB 677   (2023)
       Amendment No. 2


17     places where admissions are collected, and for the purpose of
18     compensating remitters of any taxes or fees reported on the same
19     documents utilized for the sales and use tax, as compensation
20     for the keeping of prescribed records, filing timely tax
21     returns, and the proper accounting and remitting of taxes by
22     them, such seller, person, lessor, dealer, owner, and r emitter
23     who files the return required pursuant to s. 212.11 only by
24     electronic means and who pays the amount due on such return only
25     by electronic means shall be allowed 2.5 percent of the amount
26     of the tax due, accounted for, and remitted to the departmen t in
27     the form of a deduction. However, if the amount of the tax due
28     and remitted to the department by electronic means for the
29     reporting period exceeds $60 $1,200, an allowance is not allowed
30     for all amounts in excess of $60 $1,200. For purposes of this
31     paragraph, the term "electronic means" has the same meaning as
32     provided in s. 213.755(2)(c).
33          Section 2.   This act shall take effect October 1, 2023.
34
35           -----------------------------------------------------
36                        T I T L E    A M E N D M E N T
37          Remove everything before the enacting clause and insert:
38                              A bill to be entitled
39     An act relating to credits for tax remittance by electronic
40     means; amending s. 212.12, F.S.; decreasing the allowance
41     authorized for the amounts of taxes due, accounted for, an d
     PCS for CSHB 677 Strike2
      Published On: 4/10/2023 12:41:18 PM
                                    Page 2 of 3
                                        COMMITTEE/SUBCOMMITTEE AMENDMENT
                                      Bill No. PCS for CS/HB 677   (2023)
       Amendment No. 2


42     remitted to the Department of Revenue under certain
43     circumstances; providing an effective date.




     PCS for CSHB 677 Strike2
      Published On: 4/10/2023 12:41:18 PM
                                  Page 3 of 3


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