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Gov. Ron DeSantis speaks with lawmakers shortly after his inauguration, joined by House Speaker José Oliva and Senate President Bill Galvano. (Image via Colin Hackley)

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$121M tax cut package lands on Ron DeSantis’ desk

Gov. Ron DeSantis on Tuesday formally received a tax package from the Legislature that includes providing sales-tax “holidays” and trimming a commercial-lease tax.

Lawmakers passed the $121 million package May 4 after a battle about a charter-school issue.

DeSantis will have until May 29 to sign, veto or allow the package (HB 7123) to become law without his signature.

The package includes offering a seven-day “holiday” at the start of this year’s hurricane season to allow residents to avoid paying sales taxes on supplies such as batteries costing $30 or less, tarps costing $50 or less, self-powered radios costing $50 or less and generators costing $750 or less.

The holiday would be held from May 31 through June 6, as hurricane season starts June 1.

Also, from Aug. 2 to Aug. 6, the bill would provide a back-to-school tax holiday that would allow shoppers to avoid paying sales taxes on clothes costing $60 or less, school supplies costing $15 or less and personal computers costing $1,000 or less.

The package also would reduce a sales tax on commercial leases from 5.7 percent to 5.5 percent.

The charter-school battle involved the use of property tax dollars that some county voters have approved in referendums for schools — and whether that money should be shared with charter schools.

In a compromise, the final version of the bill made such a requirement of sharing money apply to future referendums, rather than money that has already been approved by voters.

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