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Has Jeb Bush signed the bill passed by the Florida legislature repealing the Florida Intangible tax? |
Has Jeb Bush signed the bill passed by the Florida legislature repealing the Florida Intangible tax? Jeb has signed the bill. The state's intangibles tax on stocks and investments, worth about $131-million annually, has been eliminated starting in 2006-07; the budget includes money to provide merit pay for teachers; and it sets aside $735-million for environmental lands and Everglades restoration and $390-million for Bush's economic development initiatives. Hope this helps! Source(s): http://www.sptimes.com/2006/05/26/hillsb... WRONG. See Florida Dept. of Revenue http://www.myflorida.com/dor/taxes/ippt.... I CONFIRMED that the bill hasn't yet been signed by calling the office of the Governor ((850) 488-5000). On April 26th, the Florida Senate voted 31-9 passing HB 209 to repeal the state's annual intangible personal property tax. Previously, on March 23rd, the Florida House voted overwhelmingly (100-20) to repeal the annual intangible personal property tax. Governor Bush has indicated that he will sign the bill into law immediately. The repeal will be effective as of January 1, 2007. Information from a tax accountant |
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