Account receivables arising from normal trade or business are exempt.
The period that a refund claim can be made is reduced to 3 years for tax due on or after July 1, 1999. In addition, the period that a filed return can be audited is reduced to 3 years. The annual tax rate is reduced from 1.5 mills to 1 mill. This, and other pertinent information, may be found on the Product Release Bulletin for Florida .