The bill proposes to amend the current laws regarding the issuance of special alcoholic beverage licenses specifically for event centers located in Duval County. It allows the Division of Alcoholic Beverages and Tobacco to issue these licenses to event centers situated in the "Urban Transition Area North of Park Street," provided they have an occupancy capacity between 1,100 and 1,400 people and generate at least 51 percent of their annual gross income from ticket sales and food and nonalcoholic beverage sales prepared and consumed on-site. The bill defines "event center" as a facility that regularly hosts ticketed events, such as concerts and art shows, and does not primarily market itself as a food service establishment.

Additionally, the bill outlines the specific geographical boundaries of the "Urban Transition Area North of Park Street," detailing the lots and measurements that define this area. It also grants the Division the authority to revoke or suspend any special licenses issued for violations of the Beverage Law and related regulations. The act is set to take effect upon becoming law.