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Manufacturing Machinery & Equipment Sales & Use Tax Exemption Bill Awaits Governor’s Signature

Manufacturing Machinery & Equipment Sales & Use Tax Exemption Bill Awaits Governor’s Signature

SineDieWith the constant support of Governor Rick Scott and key legislators, including Sen. Dorothy Hukill and Rep. Debbi Magar, a measure permanently eliminating the Manufacturing Machinery Equipment Sales & Use Tax was passed by the Florida Legislature as part of House Bill 7099 (the 2016 appropriations bill). This development – which is estimated to represent an estimated $73 million in savings for manufacturers – represents a victory for Florida’s manufacturing industry, which includes more than 18,200 manufacturers who employ more than 317,000 workers.

Approval of the exemption comes on the heels of strong Chamber advocacy during the last two legislative sessions. In 2015, the Chamber launched “Free After 3!”, a grassroots advocacy campaign aiming to support manufacturers’ permanent exemption from this tax beyond the temporary period — 2015 through 2017– for which it was initially approved by the 2014 Florida Legislature. The bill now is on Governor Rick Scott’s desk awaiting his signature.

We want to take this opportunity to thank every one of the Gainesville Area manufacturing leaders who has called or visited a legislator, written a letter of support, or participated in a federation call in support of this effort.

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