Governor Ron DeSantis today signed CS/HB 7123: Taxation at the 33rd Annual Governor’s Hurricane Conference. Highlights of the bill include tax relief for Hurricane Michael damage and a “back-to-school” sales tax holiday, among other benefits.
“I’m pleased to be signing HB 7123 today, which includes temporary tax relief to help the people of Northwest Florida,” said Governor DeSantis. “My administration remains focused on making sure Northwest Florida recovers from Hurricane Michael, while also preparing for the upcoming Hurricane Season. Statewide, we remain committed to ensuring that communities impacted by recent hurricanes are able to make a full recovery.”
“This session, lawmakers approved almost $400 million in comprehensive tax relief that will help Florida’s families and communities breathe easier,” said Lt. Governor Jeanette Nuñez. “Not only will residents of our state enjoy a back-to-school sales tax holiday, the bill also incentivizes hurricane preparedness with a similar tax break on materials that are critical for storm readiness. I am pleased to know Floridians will benefit from this crucial tax relief.”