The bill CS/HB 7033 amends various sections of Florida Statutes concerning taxation, particularly focusing on the tourist development tax and its associated procedures. It removes the short title and definitions related to the tourist development tax, eliminates the requirement for a tourist development council, and revises the purposes for which tax revenues can be utilized. The bill mandates that tax revenues be directed towards specific projects and prohibits the renewal or extension of certain contracts. Additionally, it introduces provisions for non-ad valorem special assessments on recreational vehicle parks, requiring local governments to consider occupancy rates when levying these assessments. The bill aims to streamline tax administration and enhance the effective use of tax revenues for public purposes.

Furthermore, the bill proposes a reduction in various tax rates, including the transient rentals tax and the sales tax, while introducing new provisions for the taxation of natural gas fuel and coin-operated amusement machines. It establishes a new ad valorem tax exemption for properties providing affordable housing and modifies existing tax regulations to ensure compliance and transparency. The bill also clarifies the responsibilities of the Department of Revenue regarding ad valorem taxation and enhances financial reporting requirements for local governments and charitable organizations. Overall, the legislation seeks to improve tax processes, promote accountability, and support affordable housing initiatives in Florida.

Statutes affected:
H 7033 Filed: 125.0104, 163.3206, 170.201, 194.013, 196.012, 206.9925, 206.9942, 206.9955, 207.003, 207.005, 212.06, 212.08, 213.053, 332.007, 332.009, 376.3071, 849.086, 125.0168, 166.223, 189.052
H 7033 c1: 72.011, 72.031, 125.0104, 125.0168, 163.3206, 166.223, 170.201, 194.013, 196.012, 203.0011, 206.9925, 206.9942, 206.9955, 207.003, 207.005, 212.0501, 212.05011, 212.0506, 212.06, 212.08, 212.181, 213.05, 213.053, 213.0535, 220.03, 288.005, 332.007, 332.009, 376.3071, 402.62, 849.086
H 7033 e1: 72.011, 72.031, 125.0104, 125.0168, 163.3206, 166.223, 170.201, 189.052, 194.013, 196.012, 203.0011, 206.9925, 206.9942, 206.9955, 207.003, 207.005, 212.0501, 212.05011, 212.0515, 212.0506, 212.06, 212.08, 212.181, 213.05, 213.053, 220.03, 288.005, 332.007, 332.009, 376.3071, 402.62, 849.086, 11.40, 215.97, 218.32