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Florida New Legislation Commercial Real Estate Market

Roetzel & Andress

Say Goodbye to State Sales Tax on Commercial Rent and License Fees

Roetzel & Andress on

New Florida legislation will have a significant impact on the commercial real estate market. Florida House Bill 7031 (“HB 7031”) will become effective October 1, 2025, repealing the state sales tax on commercial rent and...more

Bilzin Sumberg

HB 7031 – Florida Eliminates State Sales Tax on Commercial Rent

Bilzin Sumberg on

HB 7031 was adopted by the Florida legislature and signed into law by Governor DeSantis on June 30, 2025. Among other modifications to Florida tax law, the Bill repeals Section 212.031, Florida Statutes, which provided for...more

Shutts & Bowen LLP

The Live Local Act Part 2 - Affordable Housing Incentives

Shutts & Bowen LLP on

The shortage of affordable housing in Florida has been building for many years. Within a time span of 2 years, median rental prices in Florida increased over 30 percent and now the shortage of affordable housing has reached...more

DarrowEverett LLP

Livin’ La Vida Loca: Florida’s Radical Overhaul of Commercial Zoning Incentivizes Developers

DarrowEverett LLP on

The “Live Local Act," recently signed into law by Florida Gov. Ron DeSantis, provides unprecedented incentives for developers to build affordable housing. With access to low-interest loans and tax credits, the ability to...more

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