Tax Cut, School Grading Bills Await Gov. Scott’s Signature

TALLAHASSEE (CBSMiami/NSF) – Bills that would slice taxes on a list of items and overhaul the state’s school-grading system are awaiting Gov. Rick Scott’s signature.

The tax cut bill (HB 5601) features three sales-tax holidays, beginning with a May 31 through June 8 tax exemption on hurricane-preparedness supplies, as well as a slate of credits and permanent sales-tax exemptions.

The $105 million package is the other portion of Scott’s proposed $500 million in tax and fee cuts, following a rollback of vehicle registration fees that the governor signed earlier.

The education bill (SB 1642), modeled on a blueprint developed by Education Commissioner Pam Stewart, would simplify the formula for grading schools. It would also do away with the penalties schools could currently receive for the grades assigned in the 2014-15 school year. That move is in part an effort to make up for the state switching from the FCAT, now in use, to an exam crafted by the American Institutes for Research.

Scott is expected to sign both bills.

The News Service of Florida contributed to this report.

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