The bill amends section 125.0104 of the Florida Statutes regarding the use of tourist development tax revenues. A significant change is the deletion of the requirement that at least 40 percent of all tourist development tax revenues collected in a county must be spent to promote and advertise tourism. This provision has been removed, allowing counties more flexibility in how they allocate these funds. The bill retains other authorized uses of the tax revenues, such as funding for public facilities and promoting various tourist attractions, but it no longer mandates a specific percentage for tourism promotion.

The effective date for this bill is set for July 1, 2025. By removing the percentage requirement for tourism promotion, the bill aims to provide counties with greater discretion in managing their tourist development tax revenues, potentially allowing for more investment in infrastructure and other areas that could benefit local economies.

Statutes affected:
H 6031 Filed: 125.0104