This bill amends section 125.0104 of the Florida Statutes, which governs the tourist development tax. The key change introduced by the bill is the stipulation that at least 40 percent of all tourist development tax revenues collected in a county, up to a total of $50 million annually, must be spent to promote and advertise tourism. This requirement is aimed at ensuring that a significant portion of the tax revenues is dedicated to tourism promotion, which is essential for attracting visitors and supporting the local economy.

Additionally, the bill outlines the authorized uses of the tourist development tax revenues, which include funding for public facilities, convention centers, and beach park facilities, among others. The effective date for this legislation is set for July 1, 2025. Overall, the bill seeks to enhance the focus on tourism promotion while still allowing for the development of necessary infrastructure to support tourist-related activities.

Statutes affected:
S 1114 Filed: 125.0104