The Florida Chamber of Commerce applauds the Senate Commerce and Tourism Committee today for passing a Florida Chamber-backed manufacturing bill by a 6-1 vote.
SB 98, sponsored by Senator Dorothy Hukill (R-Port Orange) will ensure a permanent reduction of the state’s Sales Tax on Manufacturing Machinery and Equipment and allow companies to more easily invest in additional equipment.
In 2013, the Florida Chamber, thanks to efforts by Governor Scott and the Florida Legislature, led the charge with the Manufacturers Association of Florida to help create a program that would reduce the Sales Tax on Manufacturing Machinery and Equipment for three years. But Florida’s manufacturers need a more permanent solution. In order to provide Florida manufacturers with predictability and certainty and help continue growing Florida’s manufacturing industry, the Florida Chamber will continue to support permanently eliminating the Sales Tax on Manufacturing Machinery and Equipment.
Did you know manufacturing contributes more than $40 billion to Florida’s economy? Learn how you can get involved in the Florida Chamber’s efforts by contacting us today at email@example.com.