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Bill > S1748


FL S1748

FL S1748
Tourist Development Tax


summary

Introduced
01/05/2024
In Committee
01/11/2024
Crossed Over
Passed
Dead
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 text


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