- A series of four tax holidays begins Friday, July 1, targeting a variety of items from sporting goods to baby supplies
- The holidays last anywhere from a week to two years in length
- a gas tax holiday is set to begin in October, estimated to save Floridians 25 cents per gallon of gas
A series of four tax holidays are now underway in Florida, granting Floridians a reprieve from sales taxes on essential items such as hurricane-resistant windows and doors, diapers, and recreational goods like boating supplies and sporting equipment.
The four holidays –a seven-day freedom week sales tax holiday, a one-year energy star appliances sales tax holiday, a one-year diapers and baby clothes sales tax holiday, and a two-year home hardening sales tax holiday– all begin on Friday, July 1 and run through a time frame between July 7 and summer of 2024.
“Florida has preserved freedom and kept the economy open, which has enabled the state to outperform the nation in jobs, growth, and business formations,” said DeSantis. in a strong position to make the record investments needed to support growth and opportunity in spite of the reckless fiscal and monetary policies of the Biden administration. ”
Tickets to live performances and athletic events, as well as equipment for boating, sports, camping, fishing, and swimming pools, will be tax-free under the $ 1.2 billion tax relief law that Governor Ron DeSantis signed in May. Friday also sees the start of the Home-Hardening Sales Tax Exemption, which will exempt impact-resistant windows, doors, and garage doors from taxes for the next two years.
“We strongly encourage Floridians to take advantage of these sales tax holidays by proactively bolstering your home’s resiliency over the next two years – particularly as we enter what’s expected to be another active hurricane season – investing in energy-efficient appliances to scale back your utility bills , and saving on the diapers and clothes your baby needs through June 2023, ”said Florida TaxWatch President and CEO Dominic M. Calabro
Another tax holiday targeting high gasoline prices is set to take place in October estimated to save Floridians $ 200 million by lowering the price of gas by 25.3 cents per gallon. State leaders elected to hold the gas holiday in October as it is statistically the month with the fewest out-of-state tourists, directly benefiting a higher proportion of native Floridians.
“What we’re going to be proposing in the next legislative session is over $ 1 billion in gas tax relief,” said DeSantis. “There’s a whole bunch of things that go into the price of gas, different taxes, federal, state, local level. We’re taking over 25 cents from Florida and we’ll basically zero that out for as long as we can and do over a billion dollars. ”