CODING: Words stricken are deletions; words underlined are additions.House Bill 1135
    Florida House of Representatives - 1997                HB 1135
        By Representatives Cosgrove, Barreiro, Garcia, Mackenzie,
    Logan, Meek, Lippman, Morse and Villalobos
  1                      A bill to be entitled
  2         An act relating to the International
  3         Motorsports Museum facility; amending s.
  4         212.20, F.S.; providing for distribution of a
  5         portion of revenues from the tax on sales, use,
  6         and other transactions to such facility;
  7         creating s. 288.11695, F.S.; providing for
  8         certification of such facility by the Office of
  9         Tourism, Trade, and Economic Development;
10         providing requirements for certification;
11         requiring the International Motorsports Museum
12         facility to contribute certain advertising;
13         terminating or abating funding under certain
14         circumstances; providing for use of the funds
15         distributed to the museum; providing for audits
16         by the Department of Revenue; providing for
17         periodic recertification; amending ss. 218.65
18         and 288.1169, F.S.; conforming cross
19         references; providing an effective date.
20
21         WHEREAS, the Metro-Dade Homestead Motorsports Complex,
22  in less than one year of operation, has already been called
23  the finest motorsports facility in the world, and
24         WHEREAS, Homestead and the South Dade area are
25  continuing to recover from the devastation of Hurricane Andrew
26  and are benefiting significantly both from the direct economic
27  impact generated by the Metro-Dade Homestead Motorsports
28  Complex and the indirect economic impact generated by the
29  positive publicity resulting from the numerous national and
30  international broadcasts from and press coverage generated by
31  the Metro-Dade Homestead Motorsports Complex, and
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  1         WHEREAS, attendance at auto races across North America
  2  during 1995 increased nearly 4 percent over 1994 to almost 15
  3  million, further contributing to motorsport's increasingly
  4  growing worldwide population, and
  5         WHEREAS, in addition to the United States, over 150
  6  countries aired coverage of the 1996 season of IndyCar, the
  7  body which sanctions the annual IndyCar Grand Prix of Miami,
  8  including national stations in France, Germany, Italy, the
  9  Netherlands, Russia, Sweden, the United Kingdom, Brazil,
10  Canada, Chile, the Dominican Republic, Mexico, Peru, South
11  Africa, Australia, China, Japan, New Zealand, and Singapore,
12  and
13         WHEREAS, more than 5 million international travelers
14  visited the Greater Miami area in 1995, marking a 7 percent
15  increase over 1994, while the first quarter of 1996 saw a 4.7
16  percent increase in international visitors over the same
17  period of 1995, and
18         WHEREAS, an estimated 1 million international travelers
19  visited the Florida Keys in 1995, and
20         WHEREAS, according to the International Association of
21  Sports Museums and Halls of Fame, an estimated 40 million
22  people annually visit sports and entertainment-related museums
23  world-wide, and
24         WHEREAS, the City of Homestead has announced its
25  support for and participation in an international educational
26  automotive and racing history museum owned and operated by the
27  Grand Prix Foundation, Inc., a not-for-profit Florida
28  corporation headed by a board of directors made up of local
29  community leaders and national and international racing
30  officials, to be located at the state-of-the-art facility, and
31
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  1         WHEREAS, the International Motorsports Museum, to be
  2  located at the Metro-Dade Homestead Motorsports Complex, will
  3  benefit from its strategic location midway between Greater
  4  Miami and the Florida Keys and its easy access to both the
  5  Florida Turnpike and U.S. 1, and
  6         WHEREAS, the Grand Prix Foundation, Inc., will create a
  7  stand-alone and exciting attraction that will be open
  8  year-round and plans to work with tour operators to make the
  9  international educational automotive and racing history museum
10  a family-oriented attraction for the millions of visitors from
11  North America and around the world who tour through South
12  Florida and the Florida Keys, and
13         WHEREAS, the international museum will be featured in
14  national and international broadcasts from the Metro-Dade
15  Homestead Motorsports Complex and will be the subject of a
16  variety of press coverages during the many events scheduled
17  annually at the facility, and
18         WHEREAS, the additional tourism generated by the
19  International Motorsports Museum will have a positive impact
20  on the taxes and economy of the state, and
21         WHEREAS, the International Motorsports Museum project
22  will build upon the economic development already being reaped
23  from the creation of the Metro-Dade Homestead Motorsports
24  Complex, and
25         WHEREAS, the International Motorsports Museum will
26  serve as a world centerpiece of exhibits to educate visitors
27  on the advanced technology involved in automobile racing, the
28  use of computers in racing and automobile design, vehicle
29  dynamics, and the rich world history of automobile racing, and
30         WHEREAS, a permanent exhibit at the International
31  Motorsports Museum is also envisioned, featuring the
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  1  devastating impact of Hurricane Andrew on the South Dade
  2  community and the community's recovery from the hurricane, and
  3         WHEREAS, the International Motorsports Museum will
  4  further create economic development for the Homestead and
  5  South Dade community, and
  6         WHEREAS, IndyCar and the Sports Car Club of America
  7  have designated the planned museum as their Official
  8  International Museum and have announced its location at the
  9  Metro-Dade Homestead Motorsports Complex, subject to
10  groundbreaking for the museum taking place before May 1998,
11  NOW, THEREFORE,
12
13  Be It Enacted by the Legislature of the State of Florida:
14
15         Section 1.  Paragraph (f) of subsection (6) of section
16  212.20, Florida Statutes, 1996 Supplement, is amended to read:
17         212.20  Funds collected, disposition; additional powers
18  of department; operational expense; refund of taxes
19  adjudicated unconstitutionally collected.--
20         (6)  Distribution of all proceeds under this part shall
21  be as follows:
22         (f)  The proceeds of all other taxes and fees imposed
23  pursuant to this part shall be distributed as follows:
24         1.  In any fiscal year, the greater of $500 million,
25  minus an amount equal to 4.6 percent of the proceeds of the
26  taxes collected pursuant to chapter 201, or 5 percent of all
27  other taxes and fees imposed pursuant to this part shall be
28  deposited in monthly installments into the General Revenue
29  Fund.
30         2.  Two-tenths of one percent shall be transferred to
31  the Solid Waste Management Trust Fund.
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  1         3.  After the distribution under subparagraphs 1. and
  2  2., 9.653 percent of the amount remitted by a sales tax dealer
  3  located within a participating county pursuant to s. 218.61
  4  shall be transferred into the Local Government Half-cent Sales
  5  Tax Clearing Trust Fund.
  6         4.  After the distribution under subparagraphs 1., 2.,
  7  and 3., 0.054 percent shall be transferred to the Local
  8  Government Half-cent Sales Tax Clearing Trust Fund and
  9  distributed pursuant to s. 218.65.
10         5.  Of the remaining proceeds:
11         a.  Beginning July 1, 1992, $166,667 shall be
12  distributed monthly by the department to each applicant that
13  has been certified as a "facility for a new professional
14  sports franchise" or a "facility for a retained professional
15  sports franchise" pursuant to s. 288.1162 and $41,667 shall be
16  distributed monthly by the department to each applicant that
17  has been certified as a "new spring training franchise
18  facility" pursuant to s. 288.1162. Distributions shall begin
19  60 days following such certification and shall continue for 30
20  years. Nothing contained herein shall be construed to allow an
21  applicant certified pursuant to s. 288.1162 to receive more in
22  distributions than actually expended by the applicant for the
23  public purposes provided for in s. 288.1162(7). However, a
24  certified applicant shall receive distributions up to the
25  maximum amount allowable and undistributed under this section
26  for additional renovations and improvements to the facility
27  for the franchise without additional certification.
28         b.  Beginning 30 days after notice by the Office of
29  Tourism, Trade, and Economic Development to the Department of
30  Revenue that an applicant has been certified as the
31  professional golf hall of fame pursuant to s. 288.1168 and is
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  1  open to the public, the department shall distribute $166,667
  2  shall be distributed monthly, for up to 300 months, to the
  3  applicant.
  4         c.  Beginning 30 days after notice by the Office of
  5  Tourism, Trade, and Economic Development Department of
  6  Commerce to the Department of Revenue that the applicant has
  7  been certified as the International Game Fish Association
  8  World Center facility pursuant to s. 288.1169, and the
  9  facility is open to the public, the department shall
10  distribute $83,333 shall be distributed monthly, for up to 180
11  months, to the applicant.  This distribution is subject to
12  reduction pursuant to s. 288.1169.
13         d.  Beginning 30 days after notice by the Office of
14  Tourism, Trade, and Economic Development to the Department of
15  Revenue that the applicant has been certified as the
16  International Motorsports Museum facility pursuant to s.
17  288.11695, and the facility is open to the public, the
18  department shall distribute $83,333 monthly, for up to 180
19  months, to the applicant.  This distribution is subject to
20  reduction pursuant to s. 288.11695.
21         6.  All other proceeds shall remain with the General
22  Revenue Fund.
23         Section 2.  Section 288.11695, Florida Statutes, is
24  created to read:
25         288.11695  International Motorsports Museum facility;
26  duties of the Office of Tourism, Trade, and Economic
27  Development.--
28         (1)  The Office of Tourism, Trade, and Economic
29  Development shall serve as the state agency approving
30  applicants for funding pursuant to s. 212.20 and for
31  certifying the applicant as the International Motorsports
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  1  Museum facility. For purposes of this section, "facility"
  2  means the International Motorsports Museum, and "project"
  3  means the International Motorsports Museum and new colocated
  4  improvements by private sector concerns who have made cash or
  5  in-kind contributions to the facility of $1 million or more.
  6         (2)  Prior to certifying this facility, the Office of
  7  Tourism, Trade, and Economic Development must determine that:
  8         (a)  The International Motorsports Museum, to be
  9  headquartered in Homestead, Florida, has been awarded and
10  designated as the official museum of at least one nationally
11  recognized motorsport sanctioning body, including, but not
12  limited to, IndyCar, the Sports Car Club of America (SCCA), or
13  the National Association for Stock Car Auto Racing (NASCAR)
14  and that one or more private sector concerns have committed to
15  donate to the International Motorsports Museum Foundation land
16  upon which the International Motorsports Museum will operate.
17         (b)  The Grand Prix Foundation, Inc., is a
18  not-for-profit Florida corporation that has contracted to
19  construct and operate the facility.
20         (c)  The municipality in which the facility is located,
21  or the county if the facility is located in an unincorporated
22  area, has certified by resolution after a public hearing that
23  the facility serves a public purpose.
24         (d)  There are existing projections that the
25  International Motorsports Museum facility and the colocated
26  facilities of private sector concerns will attract an
27  attendance of more than 1 million annually.
28         (e)  There are existing projections that the project
29  will attract annually more than 100,000 persons who are not
30  residents of this state.
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  1         (f)  The applicant has submitted an agreement to
  2  provide $500,000 annually in national and international media
  3  promotion of the facility or the Motorsports Complex, which
  4  shall include event promotions and television broadcasts,
  5  during the period of time that the facility receives funds
  6  pursuant to s. 212.20. Failure on the part of the applicant to
  7  annually provide the advertising as provided in this paragraph
  8  shall result in the termination of the funding as provided in
  9  s. 212.20. The applicant can discharge its obligation under
10  this paragraph by contracting with other persons, including
11  private sector concerns who participate in the project.
12         (g)  Documentation exists that demonstrates that the
13  applicant has provided, and is capable of providing, or has
14  financial or other commitments to provide, more than one-half
15  of the cost incurred or related to the improvements and the
16  development of the facility.
17         (h)  The application is signed by senior officials of
18  the Grand Prix Foundation, Inc., and is notarized according to
19  Florida law providing for penalties for falsification.
20         (3)  The applicant may use funds provided pursuant to
21  s. 212.20 for the purpose of paying for the construction,
22  reconstruction, renovation, promotion, or operation of the
23  facility, or to pay or pledge for payment of debt service on,
24  or to fund debt service reserve funds, arbitrage rebate
25  obligations, or other amounts payable with respect to, bonds
26  issued for the construction, reconstruction, or renovation of
27  the facility or for the reimbursement of such costs or by
28  refinancing of bonds issued for such purposes.
29         (4)  Upon determining that an applicant is or is not
30  certifiable, the Office of Tourism, Trade, and Economic
31  Development shall notify the applicant of its status by means
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  1  of an official letter.  If certifiable, the Office of Tourism,
  2  Trade, and Economic Development shall notify the executive
  3  director of the Department of Revenue and the applicant of
  4  such certification by means of an official letter granting
  5  certification.  From the date of such certification, the
  6  applicant shall have 5 years to open the facility to the
  7  public and notify the Office of Tourism, Trade, and Economic
  8  Development of such opening. The Department of Revenue shall
  9  not begin distributing funds until 30 days following notice by
10  the Office of Tourism, Trade, and Economic Development that
11  the facility is open to the public.
12         (5)  The Department of Revenue may audit as provided in
13  s. 213.34 to verify that the contributions pursuant to this
14  section have been expended as required by this section.
15         (6)  The Office of Tourism, Trade, and Economic
16  Development must recertify every 10 years that the facility is
17  open, that the International Motorsports Museum continues to
18  be designated by a sanctioning body.  If the facility is not
19  recertified during this 10-year review as meeting the minimum
20  projections, funding shall be abated until certification
21  criteria are met.
22         Section 3.  Subsections (5) and (6) of section 218.65,
23  FLorida Statutes, 1996 Supplement, are amended to read:
24         218.65  Emergency distribution.--
25         (5)  At the beginning of each fiscal year, the
26  Department of Revenue shall calculate a base allocation for
27  each eligible county equal to the difference between the
28  current per capita limitation times the county's population,
29  minus prior year ordinary distributions to the county pursuant
30  to ss. 212.20(6)(f)(g)3., 218.61, and 218.62.  If moneys
31  deposited into the Local Government Half-cent Sales Tax
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  1  Clearing Trust Fund pursuant to s. 212.20(6)(f)(g)4.,
  2  excluding moneys appropriated for supplemental distributions
  3  pursuant to subsection (7), for the current year are less than
  4  or equal to the sum of the base allocations, each eligible
  5  county shall receive a share of the appropriated amount
  6  proportional to its base allocation.  If the deposited amount
  7  exceeds the sum of the base allocations, each county shall
  8  receive its base allocation, and the excess appropriated
  9  amount shall be distributed equally on a per capita basis
10  among the eligible counties.
11         (6)  There is hereby annually appropriated from the
12  Local Government Half-cent Sales Tax Clearing Trust Fund the
13  distribution provided in s. 212.20(6)(f)(g)4. to be used for
14  emergency and supplemental distributions pursuant to this
15  section.
16         Section 4.  Subsection (6) of section 288.1169, Florida
17  Statutes, 1996 Supplement, is amended to read:
18         288.1169  International Game Fish Association World
19  Center facility; department duties of the Office of Tourism,
20  Trade, and Economic Development.--
21         (6)  The Office of Tourism, Trade, and Economic
22  Development Department of Commerce must recertify every 10
23  years that the facility is open, that the International Game
24  Fish Association World Center continues to be the only
25  international administrative headquarters, fishing museum, and
26  Hall of Fame in the United States recognized by the
27  International Game Fish Association, and that the project is
28  meeting the minimum projections for attendance or sales tax
29  revenues as required at the time of original certification.
30  If the facility is not recertified during this 10-year review
31  as meeting the minimum projections, then funding will be
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  1  abated until certification criteria are met.  If the project
  2  fails to generate $1 million of annual revenues pursuant to
  3  paragraph (2)(e), the distribution of revenues pursuant to s.
  4  212.20(6)(f)(g)5.c. shall be reduced to an amount equal to
  5  $83,333 multiplied by a fraction, the numerator of which is
  6  the actual revenues generated and the denominator of which is
  7  $1 million.  Such reduction shall remain in effect until
  8  revenues generated by the project in a 12-month period equal
  9  or exceed $1 million.
10         Section 5.  This act shall take effect October 1, 1997.
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13                          HOUSE SUMMARY
14
      Provides for distribution of a portion of sales tax
15    revenues to the International Motorsports Museum
      facility, upon certification of such facility by the
16    Office of Tourism, Trade, and Economic Development.
      Provides requirements for certification. See bill for
17    details.
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