Gov. Scott signs $121 million in tax cuts, completes $500…

Gov. Scott signs $121 million in tax cuts, completes $500…

Gov. Scott signs $121 million in tax cuts, completes $500…
by John Kennedy, mypalmbeachpost.com
May 12
Gov. Rick Scott signed into law Monday a $121 million package of election-year tax cuts — including breaks on such voter friendly goods as hurricane- and back-to-school supplies, kids’ bike helmets and car seats.

The signing — at the annual Governor’s Hurricane Conference in Orlando — brings to more than $500 million the total on the tax-and-fee reductions approved by lawmakers. The Republican governor earlier put sealing the deal on the givebacks at the top of his legislative wish list.

HURRICANE TAX HOLIDAY

May 31 to June 8

No state sales tax (6 percent) on:

Flashlights up to $20

Batteries up to $30

Generators up to $750

TAX EXEMPTIONS

Back to School Holiday

Aug. 1-3

Clothing, footwear and bags up to $100

School supplies up to $15

Personal computers up to $750

Energy Efficient Products Holiday

Sept. 19-21

New Energy Star- or WaterSense- approved products up to $1,500

Other reductions include

Car seats and booster seats, sales tax exempt

Youth bicycle helmets, sales tax exempt

Meal plans, sales tax exempt for students at colleges and universities

Therapeutic pet food bought from veterinarian, sales tax exempt

Source: House Bill 5001

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