Title: Tax of Electric Vertical Takeoff and Landing Aircraft

Summary: Exempts from state sales tax lease, sale, or transfer of electric vertical takeoff & landing (eVTOL) aircraft from manufacturer to operator.

Full Text:
An act relating to the tax of electric vertical takeoff and landing aircraft; amending s. 212.08, F.S.; exempting from the state sales tax the lease, sale, or transfer of electric vertical takeoff and landing (eVTOL) aircraft from a manufacturer to an operator; providing an effective date. Be It Enacted by the Legislature of the State of Florida: Section 1. Paragraph (vvv) is added to subsection (7) of section 212.08, Florida Statutes, to read: 212.08 Sales, rental, use, consumption, distribution, and storage tax; specified exemptions.-The sale at retail, the rental, the use, the consumption, the distribution, and the storage to be used or consumed in this state of the following are hereby specifically exempt from the tax imposed by this chapter. (7) MISCELLANEOUS EXEMPTIONS.-Exemptions provided to any entity by this chapter do not inure to any transaction that is otherwise taxable under this chapter when payment is made by a representative or employee of the entity by any means, including, but not limited to, cash, check, or credit card, even when that representative or employee is subsequently reimbursed by the entity. In addition, exemptions provid ed to any entity by HB 2025 hb199 FL OR I DA HO US EO FR EP RE SE NT A TI VE Sthis subsection do not inure to any transaction that is otherwise taxable under this chapter unless the entity has obtained a sales tax exemption certificate from the department or the entity obtains or provides other documentation as required by the department. Eligible purchases or leases made with such a certificate must be in strict compliance with this subsection and departmental rules, and any person who makes an exempt purchase with a certificate that is not in strict compliance with this subsection and the rules is liable for and shall pay the tax. The department may adopt rules to administer this subsection. (vvv) Electric vertical takeoff and landing (eVTOL) aircraft.-The lease, sale, or transfer of eVTOL aircraft from a manufacturer to an operator is exempt from the tax imposed by this chapter. Section 2. This act shall take effect July 1, 2025.