SB 7034: Taxation

GENERAL BILL by Finance and Tax

Taxation; Revising the timeframe in which certain agricultural lands may be classified as agricultural lands when taken out of production by a state or federal eradication or quarantine program; exempting from ad valorem taxes any portion of property used as a child care facility that has achieved Gold Seal Quality status; providing a credit against oil and gas production taxes under the Home Away From Home Tax Credit beginning on a specified date; exempting the sale of gold, silver, and platinum bullion from the state sales tax; exempting certain clothing from the state sales tax; creating the Rural Community Investment Program within the Department of Commerce; exempting from sales and use tax specified disaster preparedness supplies during a specified timeframe, etc. APPROPRIATION: $1,311,076

Current Bill Version Posted: 4/15/2025 06:36 PM

• Senate Committee References (1)

  1. Appropriations (AP)

• Related Bills (11)

  Bill Number Subject Filed By Last Action and Location	Relationship Learn more about bill relationships
  H 837 by Tuck Tax Credits for Investment in Rural Communities Last Action: 6/16/2025 H Died in Housing, Agriculture & Tourism Subcommittee	Compare
  H 6021 by Bankson Tax Exemption on Sales of Bullion Last Action: 6/16/2025 H Died in Budget Committee	Compare
  H 7031 (er) by Ways & Means Committee Taxation Last Action: 7/3/2025 Chapter No. 2025-208	Compare
  H 7033 (e1) by Budget Committee Taxation Last Action: 6/16/2025 S Died in Appropriations	Compare
  S 134 by Rodriguez Sales Tax Exemption of Bullion Last Action: 6/16/2025 S Died in Finance and Tax	Compare
  S 182 (c1) by Calatayud Tax Credits for Charitable Contributions Last Action: 6/16/2025 H Died in Messages	Compare
  S 624 by Rodriguez Forwarding Agents Last Action: 6/16/2025 S Died in Community Affairs	Compare
  S 1114 by Smith Tourist Development Tax Last Action: 6/16/2025 S Died in Commerce and Tourism	Compare
  S 1306 by Calatayud Exemption from Ad Valorem Taxes of Child Care Facilities Last Action: 6/16/2025 S Died in Community Affairs	Compare
  S 1322 (c1) by Simon Tax Credits for Investment in Rural Communities Last Action: 6/16/2025 S Died in Finance and Tax	Compare
  S 1352 by Trumbull Communication Services Last Action: 6/16/2025 S Died in Regulated Industries	Compare

• Analyses (1)

  Links in this section are PDF documents.

  • Finance and Tax (Post-Meeting)   4/16/2025

• Citations - Statute (30)

  The page numbers, when listed, for citations are constantly under review. The journals or printed bills of the respective chambers should be consulted as the official documents of the Legislature.
  
  The links for the page numbers are formatted to open the bill text PDF directly to the page containing the citation. However, if your browser is set to open PDFs in a new window, as is often the case with 64-bit browsers, the bill text will open to the first page.

  125.0104	Tourist development tax; procedure for levying; authorized uses; referendum; enforcement.	Page 14 [pdf]
  193.4516	Assessment of citrus fruit packing and processing equipment rendered unused due to Hurricane Irma or citrus greening.	Page 17 [pdf]
  193.461	Agricultural lands; classification and assessment; mandated eradication or quarantine program; natural disasters.	Page 18 [pdf]
  194.014	Partial payment of ad valorem taxes; proceedings before value adjustment board.	Page 20 [pdf]
  194.032	Hearing purposes; timetable.	Page 21 [pdf]
  194.171	Circuit court to have original jurisdiction in tax cases.	Page 23 [pdf]
  196.151	Homestead exemptions; approval, refusal, hearings.	Page 23 [pdf]
  196.198	Educational property exemption.	Page 25 [pdf]
  202.19	Authorization to impose local communications services tax.	Page 28 [pdf]
  202.34	Records required to be kept; power to inspect; audit procedure.	Page 29 [pdf]
  211.02535		Page 30 [pdf]
  212.02	Definitions.	Page 31 [pdf]
  212.06	Sales, storage, use tax; collectible from dealers; “dealer” defined; dealers to collect from purchasers; legislative intent as to scope of tax.	Page 34 [pdf]
  212.08	Sales, rental, use, consumption, distribution, and storage tax; specified exemptions.	Page 40 [pdf]
  212.13	Records required to be kept; power to inspect; audit procedure.	Page 42 [pdf]
  212.18345		Page 43 [pdf]
  213.053	Confidentiality and information sharing.	Page 44 [pdf]
  213.37	Authority to require sworn statements.	Page 45 [pdf]
  220.02	Legislative intent.	Page 45 [pdf]
  220.03	Definitions.	Page 46 [pdf]
  220.18775		Page 46 [pdf]
  288.0001	Economic Development Programs Evaluation.	Page 48 [pdf]
  288.062		Page 48 [pdf]
  402.62	Strong Families Tax Credit.	Page 63 [pdf]
  402.63		Page 63 [pdf]
  561.121	Deposit of revenue.	Page 73 [pdf]
  561.12135		Page 75 [pdf]
  624.509	Premium tax; rate and computation.	Page 75 [pdf]
  624.51059		Page 76 [pdf]
  1002.945	Gold Seal Quality Care Program.	Page 76 [pdf]

• Bill History

  S = Senate, H = House

  4/10/2025	S	• Submitted for consideration by Finance and Tax • On Committee agenda-- Finance and Tax, 04/15/25, 12:30 pm, 301 Senate Building
  4/15/2025	S	• Submitted as Committee Bill and Reported Favorably by Finance and Tax; YEAS 3 NAYS 1 • Filed
  4/16/2025	S	• Referred to Appropriations • Introduced
  5/3/2025	S	• Indefinitely postponed and withdrawn from consideration
  6/16/2025	S	• Died in Appropriations