FL S1072

Requires Miami-Dade County (charter county under s. 125.011(1)) to distribute 50% of tourist development tax revenues monthly to municipalities within the county, proportional to collections within each municipality, for uses including tourism promotion, public facilities, parks, public safety, water quality projects, and septic-to-sewer conversions

Redirects the remaining 50% of county tourist development tax revenues, splitting them among arts and cultural organizations (20%), purposes specified in s. 212.0306(3) (30%), and traditional authorized tourism purposes or municipal-eligible uses like parks and water quality improvements (50%)

Requires 50% of charter county convention development tax revenues to be distributed monthly to municipalities proportional to collections, for use on convention centers, exhibition halls, performing arts centers, tourism promotion, and related facilities

Allows existing contracts, projects underway, and outstanding bonds as of the effective date to be completed or honored using current revenue streams, but prohibits renewals, extensions, or increases in outstanding principal beyond issuance costs

Effective date of July 1, 2024, with the Division of Law Revision directed to replace references to "the effective date of this act" with the actual date the act becomes law