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.