The bill amends several sections of Florida Statutes related to local option taxes, specifically focusing on the procedures for levying and renewing these taxes. It requires that specified taxes must be renewed by an ordinance approved in a referendum held by a certain date to remain in effect. For instance, any tax in effect on June 30, 2025, must be renewed by January 1, 2033, to continue beyond that date. Additionally, the bill introduces provisions for the expiration of ordinances and allows for the adoption of new ordinances, with specific exceptions noted.

Key amendments include the stipulation that any new or reenacted tax may be levied for a maximum of 30 years if the proceeds are designated for servicing bond indebtedness. The bill also clarifies that ordinances imposing taxes will expire eight years after their effective date unless renewed through a referendum. Furthermore, it ensures that the state will not impair the rights of bondholders for debts incurred before July 1, 2025, thereby protecting existing financial commitments. The act is set to take effect on July 1, 2025.

Statutes affected:
H 1221 Filed: 125.0104, 212.0306
H 1221 c1: 125.0104, 212.0306