FOR IMMEDIATE RELEASE
APRIL 8, 2021
SB 50 Passes House Floor; Bill Requires Out-of-State Businesses to Collect and Remit Sales Tax
Tallahassee, FL – The Florida House today passed SB 50, the Senate companion to House legislation sponsored by Rep. Chuck Clemons and Rep. Chip LaMarca. This legislation will relieve Floridians of a cumbersome tax payment obligation and level the playing field for Florida retailers to competing with foreign out-of-state businesses.
“This historic measure is a win for all Floridians as it provides equity in sales tax collection, bolsters Florida's COVID-ravaged Unemployment Compensation Trust Fund and provides long-term relief on Florida's Business Rent Tax,” said Scott Shalley, president and CEO of the Florida Retail Federation. “The proposal provides a substantial boost to Florida’s retail industry that will allow for economic recovery, increased hiring and higher wages. We’re extremely grateful to House sponsors, Rep. Clemons and Rep. LaMarca, and Speaker Sprowls for their leadership in tackling this critical issue. We look forward to the timely concurrence of the Florida Senate.”
SB 50, sponsored by Sen. Joe Gruters passed the Senate floor last month.
Given a new amendment was added, SB 50 will now be sent back to the Florida Senate for approval.
To read SB 50, visit: https://www.flsenate.gov/Session/Bill/2021/50.
ABOUT THE FLORIDA RETAIL FEDERATION
The Florida Retail Federation is the statewide trade association representing retailers -- the businesses that sell directly to consumers. Florida retailers provide one out of every five jobs in the state, pay more than $49 billion in wages annually, and collect and remit more than $20 billion in sales taxes for Florida’s government each year.