FL S0630

Prohibits governmental entities from spending public funds to aid professional sports teams, pay for their facilities, or fund their sporting events unless approved by majority vote of registered electors in the entity's jurisdiction.

Defines "professional sports team" as franchises in Major League Baseball, NBA, NFL, or NHL.

Exempts legally binding obligations created before July 1, 2011, and employee compensation for incidental assistance to professional sports teams.

Makes property owned by governmental entities subject to ad valorem taxation if used by private entities for purposes other than governmental, charitable, literary, religious, scientific, or educational purposes, effective January 1, 2012.

Takes effect July 1, 2011, except for the property taxation provision which takes effect January 1, 2012.