SALES TAX EXEMPTION FOR ELECTRICAL ENERGY USED IN AN ENTERPRISE ZONE (Form DR-15JEZ)
Section 212.08 (15), Florida Statues
What is the program?
A 50% sales tax exemption is available to qualified businesses located in an enterprise zone on the purchase of electrical energy. If 20% or more of the permanent, full-time employees are residents of Florida enterprise zone, the exemption is 100% of sales tax. This exemption is only available if the municipality in which the business is located has passed an ordinance to exempt enterprise zone businesses from 50% of the municipal utility tax.
What are the advantages?
The 50% or 100% exemption of state sales tax on utilities and the 50% abatement of municipal utility tax is available for up to five years.
What are the limitations?
The tax exemption is limited to municipalities that have passed an ordinance to reduce the municipal utility tax for enterprise zone businesses. If 20% or more of the businesses employees are residents of an enterprise zone, the business will receive a larger abatement.
How do I receive the credit?
Form DR-15JEZ must be filed with an application certified by an Enterprise Zone Coordinator for the zone in which the business is located.
