Business Services Industry
Florida Senate Panel Votes to Kill Tax Break for Ostrich Farmers.
Knight Ridder/Tribune Business News, March, 2003
By John Kennedy, The Orlando Sentinel, Fla. Knight Ridder/Tribune Business News
Mar. 12--TALLAHASSEE, Fla.--Tired of being ridiculed about the state's tax break for ostrich farmers, the Senate Agriculture Committee took a small step Tuesday toward easing Florida's budget crisis.
But like ostriches, this plan isn't likely to take flight.
In a 7-0 vote, the committee agreed to abolish the sales tax exemption on ostrich feed granted to Florida farmers since 1992. Killing the exemption would pull an extra $15,000 into Florida's $54 billion state budget.
"I'm not looking to raise taxes," said Sen. Bill Posey, R-Rockledge, sponsor of the measure (SB 1670). "But I'm tired of the criticism of this exemption."
While the...
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