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Florida’s Small Business Community Celebrates Tax Package Becoming Law

Florida’s Small Business Community Celebrates Tax Package Becoming Law

June 30, 2025

Governor DeSantis signed legislation eliminating the business rent tax

NFIB, Florida’s leading small business advocacy organization, applauds Governor DeSantis for signing HB 7031 into law and permanently eliminating the business rent tax for Florida’s small businesses.

“Today’s signing is a culmination of a 10-year effort from small business owners across the Sunshine State who have worked tirelessly to get the business rent tax completely and permanently eliminated,” said Bill Herrle, NFIB Florida Executive Director. “The business rent tax has a direct impact on a small business’s bottom line, and by eliminating this tax, small businesses who rent or lease properties will see immediate economic relief. We appreciate the Florida Legislature and Governor DeSantis for finally making this a reality for the small business community.”

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