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FL H0585
Bill
Status
3/10/2018
Primary Sponsor
Commerce Committee
Click for details
AI Summary
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Amends Florida's tourist development tax to authorize counties to use revenues for channel, estuary, and lagoon improvements in addition to existing purposes.
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Adds a new category allowing counties with at least $10 million in annual tourist development tax revenue to fund public facilities (transportation, sanitary sewer, solid waste, drainage, potable water, and pedestrian facilities) if recommended by the county tourist development council.
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Requires that no more than 70 percent of public facility costs be funded with tourist development tax revenues, with remaining funding sources identified and approved by the county governing board.
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Mandates a two-thirds vote by the county governing board and an independent professional analysis demonstrating positive impact on tourist-related businesses before public facilities funding can be approved.
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Takes effect July 1, 2018.
Legislative Description
Tourist Development Tax
Last Action
Died in Community Affairs
3/10/2018