The bill CS/HB 7033 amends various sections of Florida Statutes concerning taxation, particularly focusing on the tourist development tax and the assessment of recreational vehicle parks. It removes previous definitions and restrictions related to the tourist development tax, allowing counties greater flexibility in utilizing tax revenues for a broader range of purposes, including servicing existing debts and public facility maintenance. The bill mandates that counties reduce their ad valorem tax levy by at least 75% of adjusted collections starting from the 2026-2027 fiscal year and prohibits the renewal or extension of certain contracts beyond July 1, 2025. Additionally, it introduces new provisions for non-ad valorem special assessments on recreational vehicle parks, requiring consideration of occupancy rates and assessing these parks as commercial entities.

Furthermore, the bill modifies tax rates for various services, including reducing the transient rentals tax and admissions tax from 6% to 5.25%, and establishes new regulations for forwarding agents engaged in international exports. It also clarifies the responsibilities of the Department of Revenue regarding ad valorem taxation and enhances financial reporting requirements for local governments and charitable organizations. The legislation aims to streamline tax administration, enhance the management of tourism-related taxes, and support affordable housing initiatives while ensuring compliance with updated regulations. Overall, the bill seeks to provide local governments with greater autonomy in fiscal decisions and improve the efficiency of tax processes.

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