FL S0458

Reduces from 40% to 20% the minimum percentage of tourist development tax revenues that must be spent on tourism promotion and advertising for counties to use tax revenues for public infrastructure facilities

Public facilities eligible for this funding include major capital improvements with 5+ year life expectancy such as transportation, sanitary sewer, solid waste, drainage, potable water, and pedestrian facilities

Counties must still meet other existing requirements to use tourist development tax for public facilities, including receiving at least $10 million in annual tax revenue (or being a fiscally constrained coastal county), obtaining two-thirds board approval, and limiting tax funding to no more than 70% of facility costs

Effective date is July 1, 2026