The bill amends Chapter 2003-368 of the Laws of Florida, establishing the Central Florida Tourism Oversight District as the successor to the Reedy Creek Improvement District. It revises the district boundaries to include specific areas within Osceola County, while excluding certain territories already served by the City of Kissimmee and the City of St. Cloud. The bill also allows for the boundaries to be modified by a special act of the Legislature, ensuring that the City of St. Cloud can continue to provide municipal services without interference from the Authority.

Additionally, the bill outlines the inclusion of various interlocal agreements that govern water and wastewater services within the district. It specifies that the district boundaries may be expanded to include service areas within affected local governments, contingent upon the adoption of a resolution by the governing body of those governments and a special act of the Legislature. The act is set to take effect upon becoming law.