The bill CS/CS/HB 1221 amends Florida's statutes concerning tourist development taxes and local option taxes, particularly focusing on the management and allocation of tourist development tax revenues. It removes existing definitions and requirements for tourist development councils, allowing counties greater flexibility in managing their tourist development plans. The bill mandates that tax revenues be allocated for specific projects, prohibits the renewal or extension of certain contracts, and requires counties to reduce their ad valorem tax levy by at least 75% starting in the 2026-2027 fiscal year. Additionally, it expands the permissible uses of tax revenues to include any public purpose, such as public safety services related to tourism, and establishes a requirement for the dissolution of certain tourist development councils by December 31, 2025.

Moreover, the bill introduces new compliance and auditing processes for local governmental entities, requiring them to provide evidence of corrective actions to the Auditor General if found noncompliant with financial regulations. It also clarifies procedures for tax assessments and allows for the reduction or repeal of discretionary sales surtaxes with a two-thirds vote from the governing board. Key insertions include the requirement for local governments to submit evidence of corrective actions and the establishment of a new section outlining audit requirements. The act is set to take effect on July 1, 2025, aiming to enhance accountability and streamline the management of tourist development funds while ensuring responsible use of tax revenues.

Statutes affected:
H 1221 Filed: 125.0104, 212.0306
H 1221 c1: 125.0104, 212.0306
H 1221 c2: 72.011, 72.031, 212.181
H 1221 e1: 212.0306, 72.011, 72.031, 212.181, 11.40, 215.97, 218.32