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Florida House Wants Sales Tax Holidays, Cuts for Businesses

Florida House of Representatives
Posted at 8:07 AM, Feb 04, 2016
and last updated 2016-02-04 08:07:00-05

TALLAHASSEE, Fla. (AP) — The Republican-controlled Florida House is moving ahead with a tax-cut package that could give Floridians several tax holidays.

A House panel on Wednesday approved a bill that contains roughly 20 tax cuts and tax credits.

The measure calls for a 10-day, back-to-school sales tax holiday, as well as one-day holidays on computers, cellphones, rifles, tents and fishing supplies.

The biggest part of the House sales tax package would reduce the tax charged to businesses that rent property.

Gov. Rick Scott has pushed the Legislature to cut taxes by $1 billion this year.

The House package would only cut taxes by $350 million in the first year, although it would add up to nearly $1 billion over a two-and-a-half-year period.