Florida Passes Broad-Based Tax Cuts: Lowers Cell Phone and TV Tax and Extends Tax Cut Holiday

As the Florida legislature wrapped up its special session last week, the House and Senate agreed to and the Governor signed into law final language for House Bill 33-A. The legislation includes $400 million in broad-based tax cuts through sales tax exemptions and reductions that permanently decrease the communication services tax on Floridians’ phones and television services, institutes a 10-day Back-To-School Sales Tax Holiday beginning August 7, and removes the sales tax on college textbooks and digital educational materials for one year beginning July 1.