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FL S1710
Bill
AI Summary
- Creates the Destination Resort Trust Fund within the Department of Revenue to receive licensing fees and gross receipts taxes from destination resorts
- Allows trust fund expenditures only through legislative appropriation or approved amendments to the Destination Resort Commission's operating budget under Florida Statutes chapter 216
- Establishes automatic termination of the trust fund on July 1, 2015, unless terminated sooner
- Requires the trust fund to undergo review per Florida Statutes section 215.3206(1) and (2) before its scheduled termination date
- Takes effect contingent upon enactment of related legislation (SB ____) and requires a three-fifths vote of both legislative chambers
Legislative Description
Destination Resort Trust Fund/Dept. of Revenue
Last Action
Indefinitely postponed and withdrawn from consideration
5/7/2011
Committee Referrals
Commerce And Tourism3/10/2011
Full Bill Text
No bill text available