FL S0714

Advertising platforms (e.g., online rental marketplaces) that process payments for vacation rentals in Florida must collect and remit all applicable state and local taxes, including transient rental taxes, tourist development taxes, and discretionary sales surtaxes, effective January 1, 2024

Local governments are authorized to establish vacation rental registration programs with fees capped at $150 per individual registration or $200 for collective registrations of up to 25 properties, and may impose fines for failure to register; registrations must be processed within 15 business days

Advertising platforms must require vacation rental advertisers to include valid state license numbers and applicable local registration numbers, verify license validity quarterly beginning July 1, 2024, and remove non-compliant listings within 15 business days of state notification

The Division of Hotels and Restaurants may issue temporary licenses for vacation rentals while applications are pending, revoke or suspend licenses when operations violate lease terms or property restrictions (including HOA/condo rules) as determined by court order or arbitration, and fine advertising platforms up to $1,000 per day for violations

For the 2023-2024 fiscal year, $540,417 ($298,507 recurring and $49,017 nonrecurring from the Hotel and Restaurant Trust Fund; $175,868 recurring and $17,025 nonrecurring from the Administrative Trust Fund) and six full-time positions are appropriated to the Department of Business and Professional Regulation for implementation