The bill proposes the establishment of special beverage licenses specifically for equestrian sport facilities located in Marion County, Florida. It defines an "equestrian sport facility" as a venue that spans at least 500 acres and includes a minimum of two transient public lodging establishments and three public food service establishments, with a focus on hosting sport horse events. The bill allows these facilities to sell alcoholic beverages both for off-premises and on-premises consumption, while also permitting the designation of a venue within the facility as a stand-alone bar for indoor smoking, in compliance with existing laws.

Additionally, the bill stipulates that the special beverage licenses will not interfere with the operation of separately licensed premises on the same property, ensuring that violations of alcoholic beverage laws in one area do not affect the others. The licenses will adhere to the same requirements as other beverage licenses under the Beverage Law, with certain exceptions outlined in the bill. The Division of Alcoholic Beverages and Tobacco is granted the authority to create necessary rules for the implementation of this act, which will take effect upon becoming law.