Local Business Tax Receipts

Plain English Breakdown

The bill did not pass, so it has no effective date or legal impact at present.

Local Business Tax Receipts

This bill requires individuals applying for or renewing a local business tax receipt to show an active license from the Office of Foreign Assets Control if their business involves certain transactions.

What This Bill Does

• Requires persons applying for or renewing a local business tax receipt to exhibit an active license or authorization from the U.S. Treasury's Office of Foreign Assets Control if their business conducts transactions subject to its sanction programs.
• Allows online renewals to meet this requirement through electronic certification by the applicant.

Who It Names or Affects

• Persons applying for or renewing a local business tax receipt in Florida whose businesses conduct transactions subject to U.S. Treasury's Office of Foreign Assets Control sanctions programs.

Terms To Know

Office of Foreign Assets Control

A part of the U.S. government that controls how businesses can deal with certain countries and people based on international sanctions.

Local business tax receipt

A document a business needs to get from local authorities before operating in an area, showing they have paid taxes.

Limits and Unknowns

• The bill did not pass the final stages of approval and died in the Community Affairs committee.
• It is unclear how many businesses will be affected by this requirement.

Official Summary Text

Local Business Tax Receipts; Requiring persons applying for or renewing a local business tax receipt to practice or engage in or manage any business or occupation that conducts certain transactions to exhibit an active license or authorization from the Office of Foreign Assets Control of the United States Department of the Treasury, etc.

Current Bill Text

Florida Senate
-
2026

SB 1176

By
Senator Rodriguez

40-00685-26 20261176__
1 A bill to be entitled
2 An act relating to local business tax receipts;
3 amending s. 205.194, F.S.; requiring persons applying
4 for or renewing a local business tax receipt to
5 practice or engage in or manage any business or
6 occupation that conducts certain transactions to
7 exhibit an active license or authorization from the
8 Office of Foreign Assets Control of the United States
9 Department of the Treasury; specifying that online
10 renewals may meet such requirement by electronic
11 certification by the applicant; providing an effective
12 date.
13
14 Be It Enacted by the Legislature of the State of Florida:
15
16 Section 1. Present subsection (2) of section 205.194,
17 Florida Statutes, is redesignated as subsection (3), and a new
18 subsection (2) is added to that section, to read:
19 205.194 Prohibition of local business tax receipt without
20 exhibition of state license or registration.—
21
(2)
Any person applying for or renewing a local business

22
tax receipt to practice any profession or engage in or manage

23
any business or occupation, which conducts transactions subject

24
to the sanction programs administered by the Office of Foreign

25
Assets Control of the United States Department of the Treasury

26
must exhibit an active license or authorization, or proof of

27
copy of the same, from the Office of Foreign Assets before such

28
local receipt may be issued. Online renewals may provide for

29
electronic certification by an applicant to meet this

30
requirement.

31 Section 2. This act shall take effect October 1, 2026.