FL S1070

Authorizes counties to impose an additional 1 percent tourist development tax to pay debt service on bonds for construction, reconstruction, or renovation of county or municipally owned sports stadiums with capacity over 65,000 seats that host NCAA-sanctioned postseason collegiate football bowl games, including planning and design costs.

Allows counties that already imposed the tax under paragraph (l) to impose an additional 1 percent tourist development tax (requiring majority plus one vote) for the same stadium purposes, in addition to taxes for professional sports facilities and spring training facilities.

Exempts admission charges to events sponsored by governmental entities, sports authorities, or sports commissions held in public facilities when all risk of success or failure and all funds at risk belong to the sponsor, with "sports authority" and "sports commission" defined as 501(c)(3) nonprofit organizations contracting with county or municipal governments to promote sports-tourism events.

Effective date is July 1, 2010.