Florida bill extends boat stays to 180 days

Author:
Updated:
Original:

Florida Gov. Charlie Crist signed into law several bills to strengthen his state's economy, including one that will help the marine industry.

House Bill 7031 allows non-residents who purchase a boat in Florida, or bring a boat into Florida for repair or alteration, to remain in the state 180 days before becoming liable for the sales and use tax.

Currently, the tax applies after 90 days.

Allowing boat owners and their guests to remain in Florida waters will stimulate Florida's marine industry, as well as stimulate businesses that support the marine industry, according to state officials.

"Today, we are helping reignite Florida's economy through legislation that empowers businesses and creates new opportunities for families to be successful in their communities and their careers," Crist said in a statement.

Click here for the full release.

Related

STAR BRITE DEBUTS NEW MARINE DESCALING FLUID

Star brite introduces Marine Descaling Fluid—a powerful, easy way to descale raw water-cooled systems using recirculation. It saves time, energy, and a lot of headache, allowing for a faster, cost-effective return-to-service for equipment.

NAW Elects 2021 Officers

Michael Medart of Medart Engine and Marine takes the helm as chairman of the National Association of Wholesaler-Distributors board.

Caterpillar Names Global Manager

Alex Berg will lead the manufacturer’s pleasure craft and yachting segment.

Nearly 320K Boats Sold in 2020

NMMA says new-boat sales are at their highest level in 12 years, with all powerboat segments up 8 to 22 percent.

‘Injection of Capital’ for Cox Powertrain

The British company said it will use the $16.7 million to expand operations and ramp up production of its CXO300 diesel outboard.

Groupe Beneteau Releases Preliminary 2020 Financials

Revenues were down 15.1 percent for the 16-month period that ended Dec. 31. A full report is due next month.

A Modern Twist on Word of Mouth

The supercharged power of user-generated content.