NFIB Florida Executive Director Bill Herrle applauds the Florida Legislature for passing House Bill 7031, legislation that permanently eliminates the state business rent tax. NFIB members and small business owners statewide have been advocating for the elimination for 10 years.

“Eliminating the business rent tax once and for all is a major win for Florida’s small businesses,” said Herrle. “Small businesses thank members of the Florida Legislature for getting the job done and are encouraged by Governor DeSantis’ support of the elimination. The business rent tax elimination provides permanent relief for small employers and also includes no longer collecting the local option sales tax on commercial rent. Overall, this elimination helps make Florida the friendliest small business state in the nation.”

The rent tax elimination will take effect on October 1, 2025.