Preparing for the Sales Tax Holiday

We are very pleased that our work with the Florida Legislature ultimately included provisions for a Disaster Preparedness Sales Tax Holiday during the 2017 session. This sales tax holiday will encourage Floridians to stock up on the supplies they need to be prepared for the hurricane season and other potential disasters.

This holiday is coming up VERY SOON! The bill is currently waiting for Governor Scott’s signature to make it official, but we wanted all of our members to be well aware of the details of the holiday so that you can prepare and make the most of this event in your stores. We have reached out to the Department of Revenue to inquire when we can expect to receive the TIP sheet on this event. In the meantime, here are the details that you may need to get ready.

When is the Disaster Preparedness Sales Tax Holiday?
12:01 a.m. on June 2, 2017, through 11:59 p.m. on June 4, 2017

What items fall under the sales tax holiday?
During the period of time listed above, sales tax should not be collected on the following items:

  • A portable self-powered light source selling for $20 or less.
  • A portable self-powered radio, two-way radio, or Weatherband radio selling for $50 or less.
  • A tarpaulin or other flexible waterproof sheeting selling for $50 or less.
  • A self-contained first-aid kit selling for $30 or less.
  • A ground anchor system or tie-down kit selling for $50 or less.
  • A gas or diesel fuel tank selling for $25 or less.
  • A package of AA-cell, C-cell, D-cell, 6-volt, or 9-volt batteries, excluding automobile and boat batteries, selling for $30 or less.
  • A nonelectric food storage cooler selling for $30 or less.
  • A portable generator used to provide light or communications or preserve food in the event of a power outage selling for $750 or less.
  • Reusable ice selling for $10 or less.

Does everyone who sells these items have to participate?
The tax exemptions do not apply to sales of the above items that take place in theme parks or entertainment complexes, lodging establishments, or airports. Every other retailer must provide the sales tax exemptions on the items above during the designated time period.

When we receive further details from the Department of Revenue, we will send it out immediately. If you have any further questions, please do not hesitate to contact us.

For Immediate Release: May 8, 2017
CONTACT: James Miller, This email address is being protected from spambots. You need JavaScript enabled to view it., (850)701-3015

TALLAHASSEE, FL – As the 2017 Legislative Session comes to a close, three days later than expected, the Florida Retail Federation (FRF) is celebrating several major accomplishments for retailers including the passage of a reduction in the business rent tax and 3-day sales tax holidays for back to school and disaster preparedness. FRF also successfully opposed several proposals which would have been harmful to the retail industry, such as allowing prejudgment interest on personal injury awards and weakening criminal penalties on the backs of retailers. We also had major wins for the Florida Petroleum Marketers and Convenience Store Association (FPMA) and our Beauty Industry Council.

“I am extremely proud of the way our retailers, stakeholders, and association staff worked with the Legislature to accomplish so many of our goals this year,” said FRF’s President and CEO R. Scott Shalley. In all, FRF actively advocated for or against more than 40 pieces of legislation and numerous budget issues. “We continue to prove that our industry remains strong and continues to be a major economic contributor--leading in job growth and many other economic indicators,” added Shalley.

In general business, FRF was successful in opposing burdensome regulations from being passed on to retailers, such as a minimum wage requirement, a measure to increase the number of parking spaces at certain retail establishments, and a measure that would interfere with the relationship between a franchisee and franchisor. FRF also worked to oppose a measure that would allow a utility company to pursue fracking for natural gas in other states and pass 100% of the costs along to consumers. Additionally, FRF was successful in advocating for the passage of a bill that provides greater legal protections to businesses who are subject to ADA lawsuits.

FRF also saw major legislative accomplishments in the areas of identity theft prevention with the approval of a measure to enhance penalties for committing “skimmer” fraud. FRF also played a key role in defeating a measure to weaken criminal penalties for theft. Additionally, a measure to prevent EBT card purchases for candy and soft drinks was defeated due to FRF’s strong opposition. “All of our retailers--from general business, pharmacy, small grocers, and the FPMA-- will benefit from our collective advocacy efforts this session. We look forward to continuing our work, and we are already beginning to gear up for next year,” concluded CEO Shalley.

ABOUT THE FLORIDA RETAIL FEDERATION
Founded in 1937, the Florida Retail Federation is celebrating its 80th anniversary this year as the statewide trade association representing retailers -- the businesses that sell directly to consumers. Florida retailers provide three out of every four jobs in the state, pay more than $49 billion in wages annually, and collect and remit more than $20 billion in sales taxes for Florida’s government each year. In fact, more than three out of four of Florida’s budget dollars come from retail-related activity.

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A new whitepaper discusses how the health of consumers is driving retail.

As consumers strive to live more healthful lifestyles, their purchasing behaviors are changing rapidly, driving every buying decision. More than ever, consumers want—and expect—retailers and manufacturers to assist them on their health and wellness journey inside the store.

“As consumers around the globe search for better, healthier and smarter solutions that fit their lifestyle, the motivation for brands and stores to meet these needs means modeling an experience they cannot achieve with e-com,” said Global Market Development Center (GMDC) President and CEO Patrick Spear, in a press release.

Within the $3.4 trillion global wellness market: $1 trillion annually is spent on beauty and anti-aging; $574 billion is spent on healthy eating, nutrition and weight loss; and $433 billion is spent on preventative and personalized health.

The macro-level trends driving the enormous spending are happening so rapidly. Consumers are taking back the power to decide and are immersing themselves in knowledge and facts through technology and shared learning from friends and family.

GMDC’s whitepaper, “Next Practices: The Health & Wellness Consumer, Helping Trading Partners Shape the Future…Today,” showcases the trends shaping the new consumer-driven health and wellness movement:

  • Consumers are exercising three days a week on average.
  • 63% are trying to eat healthier, and 44% eat more at home.
  • 45% read product labels to make healthier choices.
  • Eight in 10 consumers are using vitamins and supplements to enhance their wellness.
  • 48% of consumers shop local for natural/organic products.
  • 45.7 million consumers use their phone to search for health and wellness solutions.
  • Baby boomers spend 42% more on health and wellness than millennials.
  • One in two Americans are shifting from health care to self-care as a result of rising costs.

It’s clear that health and wellness are fueling all purchasing decisions—shoppers expect retailers and manufacturers to offer a holistic, healthful experience that inspires them and speaks to their aspirations—from the entrance to the checkout line. “Health and wellness is a foundational element in everyone’s daily lives,” said Mark Mechelse, GMDC’s director of research, industry insights and communications. “For consumers to change behavior, they must have the motive, means and messages to do so. That is the essence of opportunity for collaboration between trading partners.”

http://www.nacsonline.com/Media/Daily/Pages/ND1221166.aspx?utm_content=NACS%20Daily%20122116:%20newsarticle6%20(Consumers%20Hold%20Retailers%20Accountable%20for%20Their%20He)&utm_source=NACS%20Daily&utm_campaign=NACS%20Daily%20122116&utm_medium=email&utm_term=552364#.WFrX_LGZNE5
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