In an effort to support small businesses and encourage consumers to shop locally, State Senator Annette Taddeo, a Miami Democrat, and State Representative Carlos Guillermo Smith, an Orlando Democrat, have filed legislation that would exempt small businesses from collecting sales tax the Saturday after Thanksgiving, November 26th, 2022 — this year’s “Small Business Saturday.”
“As a proud small business owner myself, I brought the concept of Small Business Saturday to Florida over a decade ago when I was the Miami-Dade County Chair of the Coalition of the Chambers of Commerce” said Senator Taddeo. “Under the current economic hardship, small businesses have been hit particularly hard. The Small Business Saturday sales-tax holiday will give a much-needed boost to Florida small business owners.”
SB 712 and HB 439 will serve as a form of relief for many businesses that were and continue to be devastated by the COVID-19 pandemic. Senator Taddeo’s Senate bill tells Floridian’s that their concerns for the livelihood of their businesses will not go unheard.
“Small businesses are the backbone of our state and local economies. Rather than giving hundreds of millions in tax breaks to large corporations, lawmakers should instead focus on targeted relief for those small businesses hardest-hit by COVID-19. HB 439 drives much needed revenue towards Florida’s small businesses by creating the ‘Small Business Saturday’ sales tax holiday which both encourages and rewards consumers who shop locally. A tax-free ‘Small Business Saturday’ in Florida is just common sense and I am proud to be partnering with Senator Taddeo on this legislation,” said Representative Carlos Guillermo Smith.