summary
Introduced
01/05/2024
01/05/2024
In Committee
01/11/2024
01/11/2024
Crossed Over
Passed
Dead
03/08/2024
03/08/2024
Introduced Session
2024 Regular Session
Bill Summary
An act relating to tourist development tax; amending s. 125.0104, F.S.; prohibiting a plan for tourist development from allocating more than a certain percentage of the tax revenue to an individual project unless the governing board of the county approves such use by supermajority vote; providing an effective date.
AI Summary
This bill amends the existing law on the tourist development tax in Florida. The key provision is that the plan for using the tax revenue cannot allocate more than 25% of the annual revenue to fund an individual project, unless the county's governing board approves such use by a supermajority vote. This change is intended to provide more oversight and control over the allocation of the tourist development tax funds. The bill will take effect on July 1, 2024.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Died in Appropriations (on 03/08/2024)
Bill Topics
Banking, Finance, and Domestic Commerce
- ‐ Tourism and Travel
Macroeconomics
- ‐ Taxation, Tax Policy, and Tax Reform
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.flsenate.gov/Session/Bill/2024/1748 | 01/05/2024 |
| Analysis - Finance and Tax (Post-Meeting) | https://www.flsenate.gov/Session/Bill/2024/1748/Analyses/2024s01748.ft.PDF | 02/08/2024 |
| Analysis - Finance and Tax (Pre-Meeting) | https://www.flsenate.gov/Session/Bill/2024/1748/Analyses/2024s01748.pre.ft.PDF | 02/07/2024 |
| Analysis - Commerce and Tourism (Post-Meeting) | https://www.flsenate.gov/Session/Bill/2024/1748/Analyses/2024s01748.cm.PDF | 01/23/2024 |
| Analysis - Commerce and Tourism (Pre-Meeting) | https://www.flsenate.gov/Session/Bill/2024/1748/Analyses/2024s01748.pre.cm.PDF | 01/22/2024 |
| BillText | https://www.flsenate.gov/Session/Bill/2024/1748/BillText/Filed/HTML | 01/05/2024 |
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