Florida has officially passed a massive new tax relief package, totaling more than $2 billion in cuts for businesses and consumers alike. Signed into law by Governor Ron DeSantis on June 30, 2025, the new legislation (HB 7031) delivers permanent exemptions, new tax holidays, and the full elimination of certain taxes.
Whether you’re a small business owner, a parent shopping for back-to-school, an outdoor adventurer, or just someone who enjoys saving money — there’s something in this tax bill for you.
Here’s a breakdown of what’s included and when you can start saving.
Business Rent Tax Eliminated
Starting October 1, 2025, Florida will no longer collect sales tax on commercial leases, ending the long-standing “business rent tax.”
- Florida becomes the only U.S. state without a tax on commercial rent.
- Estimated annual savings for businesses: $1.53 billion
- This change is expected to benefit a wide range of Florida businesses, from local retailers to large office-based companies.
Back-to-School Shopping Tax-Free Every August
Florida’s popular back-to-school sales tax holiday is now permanent and covers the entire month of August.
Items included:
- Clothing, wallets, and bags priced at $100 or less
- School supplies like notebooks, pencils, and crayons priced at $50 or less
- Computers, laptops, and tablets priced at $1,500 or less (excluding phones)
Estimated savings for consumers: $217 million/year
Disaster Preparedness Items — Now Tax-Free Year-Round
Effective August 1, the following emergency and hurricane-prep supplies are permanently sales-tax exempt:
- Batteries (AA, AAA, C, D, 6V, 9V)
- Smoke detectors & carbon monoxide detectors
- Fire extinguishers
- Portable generators
- Gas cans, tarps, tie-down kits
- Life jackets and safety gear
Annual consumer savings: $148.9 million
“Freedom Summer” Items Made Permanently Tax-Free
Also beginning August 1, several summer essentials become permanently tax-free:
- Sunscreen
- Insect repellent
- Bicycle helmets
- Admission to Florida’s state parks
Projected savings: $15.4 million/year
NASCAR Ticket Sales Tax Exemption
Starting October 1, tickets to NASCAR events in Florida will be exempt from both state and local sales tax. The state’s financial estimate for this exemption is currently “indeterminate.”
Gold & Silver Bullion Sales Go Tax-Free
Previously, only purchases of precious metal bullion over $500 were tax-exempt. Now, all gold, silver, and platinum bullion purchases are tax-free — regardless of price.
Estimated annual savings: $2.2 million
Outdoor & Sporting Goods Tax Holiday
A special tax holiday from September 8 through December 31, 2025 will eliminate sales tax on a wide variety of hunting, fishing, and camping gear:
Exempt items include:
- Firearms, ammunition, holsters, scopes, bows & crossbows
- Camping tents (up to $200), sleeping bags, lanterns, flashlights
- Portable stoves, hammocks, camping chairs (up to $50)
- Fishing rods & reels (up to $75 each or $150 per set), tackle boxes (up to $30)
Projected savings: $44.8 million
Florida 2025 Tax Cut Timeline
Here’s a clear, visual breakdown of when each new tax cut takes effect:
August 1, 2025
- Permanent Back-to-School Sales Tax Holiday Begins
- Disaster Preparedness Items Become Tax-Free
- Freedom Summer Items (sunscreen, bug spray, parks, helmets) Go Tax-Free
September 8 – December 31, 2025
- Temporary Tax Holiday for Hunting, Fishing, & Camping Gear
October 1, 2025
- Business Rent Tax Eliminated
- NASCAR Ticket Sales Exempt
- Gold, Silver & Platinum Bullion Fully Tax-Free
Final Thoughts
With benefits for businesses, families, outdoor enthusiasts, and investors, Florida’s new tax cuts mark one of the most wide-reaching changes in recent years. From permanent exemptions on essentials to special savings seasons, Floridians now have more ways to keep money in their pockets.
