Bill Text: FL S0466 | 2011 | Regular Session | Introduced
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Tourist Development Tax
Spectrum:
Status: (Introduced - Dead) 2011-05-07 - Indefinitely postponed and withdrawn from consideration [S0466 Detail]
Download: Florida-2011-S0466-Introduced.html
Bill Title: Tourist Development Tax
Spectrum:
Status: (Introduced - Dead) 2011-05-07 - Indefinitely postponed and withdrawn from consideration [S0466 Detail]
Download: Florida-2011-S0466-Introduced.html
Florida Senate - 2011 SB 466 By Senator Negron 28-00341A-11 2011466__ 1 A bill to be entitled 2 An act relating to the tourist development tax; 3 amending s. 125.0104, F.S.; providing additional 4 bonding authority for a certain additional tourist 5 development tax; providing a limitation on tax 6 revenues received from such tax and used for certain 7 purposes; limiting the expenditure of ad valorem tax 8 revenue for expansion of facilities by a county 9 imposing a tourist development tax for certain 10 purposes; providing for nonapplication of a 11 prohibition against levying such tax in certain cities 12 and towns under certain conditions; providing for 13 controlling application notwithstanding certain 14 contrary authority; providing an effective date. 15 16 Be It Enacted by the Legislature of the State of Florida: 17 18 Section 1. Paragraph (n) of subsection (3) of section 19 125.0104, Florida Statutes, is amended to read: 20 125.0104 Tourist development tax; procedure for levying; 21 authorized uses; referendum; enforcement.— 22 (3) TAXABLE PRIVILEGES; EXEMPTIONS; LEVY; RATE.— 23 (n)1. In addition to any other tax that is imposed under 24 this section, a county that has imposed the tax under paragraph 25 (l) may impose an additional tax that is no greater than 1 26 percent on the exercise of the privilege described in paragraph 27 (a) by a majority plus one vote of the membership of the board 28 of county commissioners in order to: 29 a.1.Pay the debt service on bonds issued to finance: 30 (I)a.The construction, reconstruction, or renovation of a 31 facility either publicly owned and operated, or on land publicly 32 owned and operated by the owner of a professional sports 33 franchise or other lessee with sufficient expertise or financial 34 capability to operate such facility, and to pay the planning and 35 design costs incurred prior to the issuance of such bonds for a 36newprofessional sports facility within the boundaries of a 37 county within which the tax is levied or within an adjacent 38 county, provided that a facility that is or is to be located in 39 an adjacent county is located within 11 miles of the boundary of 40 the county within which the tax is levied; a professional sports 41 team that uses the facility has a training facility within the 42 boundaries of the adjacent county; the adjacent county finds 43 that the financed facility generates economic development within 44 such county; and the combined populations of the county levying 45 the tax and the adjacent county where the facility is located or 46 is to be located exceeds 4 millionfranchise as defined in s.47288.1162. 48 (II)b.The acquisition, construction, reconstruction, or 49 renovation of a facility either publicly owned and operated, or 50 publicly owned and operated by the owner of a professional 51 sports franchise or other lessee with sufficient expertise or 52 financial capability to operate such facility, and to pay the 53 planning and design costs incurred prior to the issuance of such 54 bonds for a retained spring training franchise. 55 (III) The expansion, reconstruction, or renovation of an 56 existing convention center, including the construction of 57 related contiguous and connected facilities that provide 58 meeting, banquet, and exhibition spaces that facilitate or 59 enhance the use of the existing convention center, and to pay 60 the planning and design costs incurred prior to the issuance of 61 any such bonds. 62 b.2.Promote and advertise tourism in the State of Florida 63 and nationally and internationally; however, if tax revenues are 64 expended for an activity, service, venue, or event, the 65 activity, service, venue, or event shall have as one of its main 66 purposes the attraction of tourists as evidenced by the 67 promotion of the activity, service, venue, or event to tourists. 68 2. In any county in which the tax authorized by this 69 paragraph is imposed initially on or after January 1, 2012, the 70 tax revenues received from the imposition of such tax and used 71 for the purposes set forth in sub-sub-subparagraph 1.a.(III) and 72 sub-subparagraph 1.b. in the aggregate may not exceed 49.9 73 percent of the total tax revenues received from the imposition 74 of such tax. 75 3. A county that imposes the tax authorized in this 76 paragraph may not expend any ad valorem tax revenues for the 77 acquisition, expansion, construction, reconstruction, or 78 renovation of a facility for which tax revenues are used 79 pursuant to subparagraph 1. The provision of paragraph (b) which 80 prohibits any county authorized to levy a convention development 81 tax pursuant to s. 212.0305 from levying more than the 2-percent 82 tax authorized by this section shall not apply to the additional 83 tax authorized by this paragraph. In addition, the prohibition 84 under paragraph (b) against any additional levy under this 85 section in any cities or towns presently imposing a municipal 86 resort tax as authorized by chapter 67-930, Laws of Florida, 87 does not apply to the levy of the additional tax authorized by 88 this paragraph and the additional tax authorized by this 89 paragraph may be levied in such cities and towns to pay debt 90 service on bonds issued pursuant to this subsection; however, 91 such bonds must be issued no later than December 14, 2015, but 92 may be refunded and refinanced at the discretion of the issuer 93in counties which levy convention development taxes pursuant to94s.212.0305(4)(a). Subsection (4) does not apply to the adoption 95 of the additional tax authorized in this paragraph. The 96 effective date of the levy and imposition of the tax authorized 97 under this paragraph is the first day of the second month 98 following approval of the ordinance by the board of county 99 commissioners or the first day of any subsequent month specified 100 in the ordinance. A certified copy of such ordinance shall be 101 furnished by the county to the Department of Revenue within 10 102 days after approval of the ordinance. 103 4. This paragraph controls over any contrary provision of 104 subsection (5). 105 Section 2. This act shall take effect July 1, 2011.