The bill amends section 125.0104 of the Florida Statutes to expand the authorized uses of revenue generated from the tourist development tax. Specifically, it introduces new provisions that allow counties to utilize these funds for public safety improvements, affordable housing, and workforce housing. The new legal language includes provisions for funding public safety improvements that are necessary to enhance tourist-related business activities, as well as the development and construction of affordable and workforce housing, which encompasses related costs such as land acquisition and professional services.
Additionally, the bill maintains existing uses of the tourist development tax revenue, which include funding for public facilities, promoting tourism, and supporting convention and tourist bureaus. The effective date for these changes is set for July 1, 2025. Overall, the bill aims to address the growing needs for public safety and housing in tourist areas, thereby supporting both the local economy and the tourism industry.
Statutes affected: S 1116 Filed: 125.0104