The bill amends section 125.0104 of the Florida Statutes, which governs the tourist development tax, specifically focusing on the allocation of tax revenues. A significant change is the adjustment of the percentage of tourist development tax revenues that must be spent on promoting and advertising tourism. The required percentage is decreased from 40 percent to 20 percent. This change aims to provide counties with more flexibility in utilizing tax revenues for various purposes while still ensuring a commitment to tourism promotion.

In addition to the percentage change, the bill outlines the authorized uses of the tourist development tax revenues, which include funding for public facilities, promoting tourism, and supporting lifeguard services at beaches. The bill emphasizes that any expenditures for activities or events must primarily aim to attract tourists, reinforcing the focus on tourism-related initiatives. The act is set to take effect on July 1, 2026.

Statutes affected:
S 458 Filed: 125.0104