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

Dealers: What Will the Biggest Challenge Be in 2021?

Workforce, inventory, consumer demand, absence of boat shows — this month’s Pulse Report asks dealers to look ahead.

First-Time Boat Buyers Leap in 2020

Almost all of the surge in demand can be attributed to first-time buyers.

Brunswick Corp. Reports 26% Increase in Net Sales

The propulsion segment saw nearly a 62 percent boost in operating earnings.

FLIBS Kicks Off

Under a much smaller footprint and comprehensive safety precautions, dealers are predicting a steady flow of serious buyers.

Albemarle Boats and Spencer Announce Partnership

The Carolina builders to team on an all-new 53-footer.

Ladies, Let's Go Fishing Chalks Up Another Successful Event

More than 40 aspiring anglers came to the weekend program.