House Bill 3691c1

    Florida House of Representatives - 1998     CS/HBs 3691 & 3441

        By the Committee on Tourism and Representatives Merchant,
    Melvin, Peaden, Minton, Warner, Healey, Jacobs, Andrews,
    Frankel, Silver and Greene




  1                      A bill to be entitled

  2         An act relating to the local option tourist

  3         development tax; amending s. 125.0104, F.S.;

  4         revising provisions which authorize imposition

  5         of an additional tax to pay debt service on

  6         bonds issued to finance construction or

  7         renovation of a professional sports franchise

  8         facility or convention center; removing a

  9         condition on use of tax revenues for a

10         convention center; authorizing use of tax

11         revenues for operation and maintenance of a

12         convention center for a specified period;

13         providing an effective date.

14

15  Be It Enacted by the Legislature of the State of Florida:

16

17         Section 1.  Paragraph (l) of subsection (3) of section

18  125.0104, Florida Statutes, is amended to read:

19         125.0104  Tourist development tax; procedure for

20  levying; authorized uses; referendum; enforcement.--

21         (3)  TAXABLE PRIVILEGES; EXEMPTIONS; LEVY; RATE.--

22         (l)  In addition to any other tax which is imposed

23  pursuant to this section, a county may impose up to an

24  additional 1-percent tax on the exercise of the privilege

25  described in paragraph (a) by majority vote of the governing

26  board of the county in order to:

27         1.  Pay the debt service on bonds issued to finance the

28  construction, reconstruction, or renovation of a professional

29  sports franchise facility, either publicly owned and operated,

30  or publicly owned and operated by the owner of a professional

31  sports franchise or other lessee with sufficient expertise or

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CODING: Words stricken are deletions; words underlined are additions.






    Florida House of Representatives - 1998     CS/HBs 3691 & 3441

    177-243-98






  1  financial capability to operate such facility, and to pay the

  2  planning and design costs incurred prior to the issuance of

  3  such bonds.

  4         2.  Pay the debt service on bonds issued to finance the

  5  construction, reconstruction, or renovation of a convention

  6  center, and to pay the planning and design costs incurred

  7  prior to the issuance of such bonds.

  8         3.  Pay the operation and maintenance costs of a

  9  convention center for a period of up to 10 years. Only

10  counties that have elected to levy the tax for the purposes

11  authorized in subparagraph 2. may use the tax for the purposes

12  enumerated in this subparagraph.

13         3.  Only counties that have elected to levy the tax

14  initially for the purposes authorized in subparagraph 1. may

15  use the tax for the purposes enumerated in subparagraph 2.

16

17  The provision of paragraph (b) which prohibits any county

18  authorized to levy a convention development tax pursuant to s.

19  212.0305 from levying more than the 2-percent tax authorized

20  by this section, and the provisions of paragraphs (4)(a)

21  through (d), shall not apply to the additional tax authorized

22  in this paragraph. The effective date of the levy and

23  imposition of the tax authorized under this paragraph shall be

24  the first day of the second month following approval of the

25  ordinance by the governing board or the first day of any

26  subsequent month as may be specified in the ordinance.  A

27  certified copy of such ordinance shall be furnished by the

28  county to the Department of Revenue within 10 days after

29  approval of such ordinance.

30         Section 2.  This act shall take effect upon becoming a

31  law.

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