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Online tax plan easily clears Florida House

Online tax plan easily clears Florida House News Service of Florida Tags: Lawmakers look to shift burden of collecting sales tax to online merchants TALLAHASSEE, Fla. – A plan to use taxes on sales by out-of-state online retailers to help Florida businesses is heading back to the Senate for a final vote after passing the House on Thursday. With several Democrats arguing that working Floridians will be hurt by the proposal, the House voted 93-24 in support of the measure (SB 50). It would require out-of-state retailers to collect and remit Florida’s sales tax, producing an estimated $1 billion a year in revenue for the state.

United statesPalm harborDania beachWilton simpsonChris sprowlsEvan jenneUnemployment compensation trust fundPresident wilton simpsonHouse speaker chris sprowlsR palm harborHouse democratsMinority co leaderD dania beachஒன்றுபட்டது மாநிலங்களில்பனை துறைமுகம்டானியா கடற்கரை

Florida sales tax estimates get $2 billion bump

Florida sales tax estimates get $2 billion bump Published article TALLAHASSEE, Fla. - As they piece together a new spending plan, state lawmakers can anticipate $2 billion more in tax revenue than previously forecast, months after facing the prospects of a major budget shortfall. But while economists increased general-revenue estimates Tuesday, the state still faces financial fallout from the COVID-19 pandemic such as an increase in Medicaid caseloads and the potential that tourism, particularly from overseas travelers, might not return to normal levels until the 2022-2023 fiscal year. Amy Baker, the coordinator of the Legislature’s Office of Economic & Demographic Research, said the state has been very fortunate with developments such as a huge influx of federal money.

United statesPalm harborDania beachPanama cityRon desantisWilton simpsonJay trumbullChris sprowlsAmy bakerEvan jenneLegislature office of economic demographic researchDemographic researchPresident wilton simpsonSpeaker chris sprowlsR palm harborRevenue estimating conference

Florida to bring in more tax revenue than anticipated

Florida to bring in more tax revenue than anticipated As they piece together a new spending plan, state lawmakers can anticipate $2 billion more in tax revenue than previously forecast, months after facing the prospects of a major budget shortfall. But while economists increased general-revenue estimates Tuesday, the state still faces financial fallout from the COVID-19 pandemic such as an increase in Medicaid caseloads and the potential that tourism, particularly from overseas travelers, might not return to “normal” levels until the 2022-2023 fiscal year. Amy Baker, coordinator of the Legislature’s Office of Economic & Demographic Research, said the state has been “very fortunate” with developments such as a huge influx of federal money.

United statesPalm harborDania beachPanama cityRon desantisWilton simpsonJay trumbullChris sprowlsAmy bakerEvan jenneLegislature office of economic demographic researchDemographic researchPresident wilton simpsonSpeaker chris sprowlsR palm harborRevenue estimating conference

Florida Senate Changes Target Troubled Reservoir, Housing

/ Newly elected members of the Florida Senate take the oath of office in the Senate chamber on Tuesday, Nov. 17, 2020, at the Capitol in Tallahassee. New Miami-Dade Senator Ileana Garcia is at the far left. TALLAHASSEE - The Florida Senate on Wednesday backed starting to pay for critical repairs of a reservoir at a troubled former phosphate plant in Manatee County and bumped up proposed spending on affordable housing. The Senate made the decisions as it approved an initial $95 billion budget plan for the fiscal year that will start July 1. But the plan is considered only a starting point for negotiations with the House, which has offered a $97 billion proposal.

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By cutting business taxes, Florida lawmakers can keep anti-tax hike pledge, Grover Norquist says

By cutting business taxes, Florida lawmakers can keep anti-tax hike pledge, Grover Norquist says
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