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DeSantis Signs Three Sales Tax Holidays Into Law During Visit To Pensacola
May 22, 2021
Gov. Ron DeSantis signed three tax holidays into law in Pensacola Friday.
The “Florida Tax Cut Package” includes sales tax holidays for hurricane preparation, back to school and a new “Freedom Week”.
“In Florida, we are providing more than $168 million in taxpayer savings for families and businesses,” Desantis said. “From sales tax holidays to permanent tax exemptions helping seniors live independently, I am committed to continuing to reduce the tax burden for all residents of our state.”
DeSantis signed the tax cut package bill into law Friday morning at the Home Depot on Davis Highway in Pensacola. The package includes:
“Disaster Preparedness” Tax Holiday from May 28 until June 6, 2021
This 10-day tax holiday allows Floridians to prepare for hurricane season while saving money on disaster preparedness items such as flashlights under $40, batteries less than $50, tarps under $100, generators less than $1,000, and more.
“Freedom Week” Tax Holiday from July 1 until July 7, 2021
The first ever “Freedom Week” provides seven days of sales tax savings on outdoor recreation purchases, such as the first $100 of the sales price of sunglasses, the first $200 of the sales prices of tents, and the first $500 of the sales price of kayaks or canoes, as well as tickets for events, museums, the arts, and more.
Back-to-School Sales Tax Holiday from July 31 until August 9, 2021
Spanning 10 days, Floridians will pay no sales tax for certain clothing of $60 or less per item, school supplies of $15 or less per item, and the first $1,000 of personal computers and related accessories.
Tax Cuts to Support Florida’s Seniors Living Independently
The bill signed Friday also creates Florida’s first permanent sales tax exemption for independent living items for seniors in our state. Items like bed transfer handles, bed rails, grab bars, and shower seats will be exempt from sales tax for individual purchases.
Ad Valorem Tax Breaks
The tax package doubles the ad valorem tax exemption for certain affordable housing properties from 50% to 100%. Additionally, the bill includes implementation language for a proposed constitutional amendment providing property tax relief for residential property improvements made for the purpose of flood mitigation. This property tax relief is subject to the approval by the voters on the 2022 General Election ballot.
BUSINESS TAX BREAKS
Strong Families Tax Credit Program
To help support the wellbeing of children in our state, HB 7061 creates the Strong Families Tax Credit Program for businesses that make monetary donations to certain eligible charitable organizations that provide services focused on child welfare.
Internship Tax Credit
The newly created Internship Tax Credit provides tax relief for Florida businesses that employ and retain student interns, encouraging companies to hire young Floridians attending college in our state.
Brownfields Tax Credit Program
The bill also provides a one-time increase in funding of $17.5 million for the Brownfields Tax Credit Program to fund a backlog of approved credits. This program, administered through the Florida Department of Environmental Protection, incentivizes businesses to clean up and redevelop hazardous sites to protect our environment and economy.
Comments
22 Responses to “DeSantis Signs Three Sales Tax Holidays Into Law During Visit To Pensacola”
@Elizabeth
“Please provide a list of tax breaks the democrats have advocated for us. I’ll wait.”
The American Rescue Plan is overwhelmingly geared toward low-income and middle-class Americans, who will benefit from (among other provisions) the direct payments, the bill’s expansion of low-income tax credits, child-care subsidies, expanded health-insurance access, extension of expanded unemployment benefits, food stamps, and rental assistance programs.
The American Rescue Plan was proposed by Biden (a Democrat), passed by the US houses of Congress and signed by Biden on 3/11/21. It has wide public support.
@Robert Bruner
First off, they are not they complicated.
And I guess most of us crooked friends are to benefit!
Thank you for pointing that out!
@Cynthia Zeitoini
I retract my comment about sunglasses, my little pea brain didn’t take into account prescription sunglasses. I GREATLY apologize!
I may take advantage of the tax break on sunglasses. I wear Rx sunglasses and each pair is over $100, @BAMA89.
some people just need something to complain about. but I bet they take advantage of it.
So glad to be living in Florida. Would hate to be living in a blue state right now. Our Governor is awesome!!!
What North Escambia voters don’t understand are the smokescreens thrown up by the people they vote for. They only see what they want to. They don’t want to see the huge tax breaks for out of state corporations that only benefit 1% of the population and certainly not us. But you will say it’s not true because you don’t want to see it. Overall you will pay more taxes this year due to Trumps “tax cuts” and Desantis’ “tax cuts” because they are all smoke and mirrors to dupe the middle class. Keep track of ALL of your taxes this year and prove me wrong. This democrat know you can”t.
Lol, anyone spending over $100 on a pair of sunglasses doesn’t need a tax break, maybe laughed at, but no tax break. I do believe my grandparents would roll over in their graves if they knew I foolishly wasted that amount of money on a pair of sunglasses. To each their own though!
Temporarily cutting trivial taxes only defunds needed social programs. Re the comment: “When businesses have a good bottom line, the savings are passed on to the customers. ” , is not true. When business have a good bottom line – especially when due to tax cuts – they buy back their own stock to benefit big business stock holders, NOT ordinary consumers. Take an economics course.
@joy bryant Please provide a list of tax breaks the democrats have advocated for us. I’ll wait.
@pencil Two words: Andrew Gillum
I believe he’s a democrat.
Couple of you have a really biased select memory… You need to go Google “Andrew Gillum caught in hotel room” so you can recall who the opposing candidate was… @pencil shame on you for being so partisan that you try to hang Desantis for crimes someone else may or may not have committed… The only rules people like you play by, are that there are no rules…
Thank you, said perfectly Robert Bruner!
Might as well sign something here because when its time for real advocacy for the people of NW Florida he’ll be nowhere to be found.
“And just remember who backed him for the win……….” Yes the guy about to go down for sex trafficking.
THANK YOU, Gov. DeSantis….
Much Appreciate the OPEN Florida while others quake in fear or have oppressive governors trying to squash the Mom & Pop businesses.
You lifted us all UP and continue to do so.
About time for the “incentive” people to get their butts back to work to Earn their way.
Florida is a Great Place to Live.
To those coming here from “other places” because of taxes and oppression, PLEASE leave your Anti-American and Anti-Free Enterprise and other junk behind,
Robert Burner:
All of us
Dear Robert your funny
@ Robert Bruner: Crooked? That’s rich! The guy he defeated in the race for Governor is in prison now isn’t he? This Governor has been good for our state. We’re not in trouble economically because he understands people shouldn’t live on handouts and has kept jobs open and people working. When businesses have a good bottom line, the savings are passed on to the customers. When businesses are taxed to death, those costs are passed on to….. you guessed it. The CUSTOMER. Take an economics class before commenting.
Thank you Gov. DeSantis. Glad to live in a state that is not run by Marxists and Globalists.
I love my Gov DeSantis!!! ❤❤
Gov. Ron DeSantis Has been one of the best governors in a VERY long time.
And just remember who backed him for the win……….
Amazing isn’t it – that the BUSINESSES are getting huge tax breaks for doing the RIGHT thing!!! READ thru them BEFORE you get ticked off at me! Doing the right thing ALL the time – well good for you-no incentive!!
I wonder which friends of crooked Desantis these complicated bills are meant to benefit. I am sure they are happy.