Senate Bill 0710c1

    Florida Senate - 2000                            CS for SB 710

    By the Committee on Fiscal Resource and Senator Silver





    314-2076-00

  1                      A bill to be entitled

  2         An act relating to the tax on sales, use, and

  3         other transactions; amending s. 212.08, F.S.;

  4         providing that a publicly owned facility

  5         meeting certain criteria at which a collegiate

  6         football team is based may use those proceeds

  7         for the purpose of renovating the facility;

  8         providing for reporting of sales to the

  9         department; providing an effective date.

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

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13         Section 1.  Paragraph (n) is added to subsection (5) of

14  section 212.08, Florida Statutes, to read:

15         212.08  Sales, rental, use, consumption, distribution,

16  and storage tax; specified exemptions.--The sale at retail,

17  the rental, the use, the consumption, the distribution, and

18  the storage to be used or consumed in this state of the

19  following are hereby specifically exempt from the tax imposed

20  by this chapter.

21         (5)  EXEMPTIONS; ACCOUNT OF USE.--

22         (n)1.  Publicly owned football facility at which a

23  college football team is based.--Any publicly owned football

24  facility, within a municipality that has pursuant to s.

25  218.503 within the preceding 5 years been declared in a state

26  of financial emergency and that has had a financial

27  emergencies board established, regardless of whether the board

28  is currently in existence, and at which the football team of a

29  private or public university or college is based may retain

30  the proceeds of sales taxes generated by the facility, its

31  concessionaires, ticket sales, merchandising, ticket

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






    Florida Senate - 2000                            CS for SB 710
    314-2076-00




  1  surcharges imposed by the local government, charges for

  2  services, and rental of the facility and may use these tax

  3  proceeds for the purpose of renovating and modernizing the

  4  facility. For purposes of this paragraph, the term "sales

  5  taxes generated by the facility" means taxes on ticket sales

  6  for events located at the facility, ticket surcharges imposed

  7  by the local government for events held at the facility,

  8  merchandise sales and concession sales on the premises of the

  9  facility, charges for services at the facility, and rental of

10  the facility.

11         2.  Concessionaires, merchandisers, and other persons

12  collecting tax at the facility shall report the sales to the

13  department, but shall remit the tax directly to the facility,

14  in a manner prescribed by rules promulgated by the department.

15         Section 2.  This act shall take effect January 1, 2001.

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17          STATEMENT OF SUBSTANTIAL CHANGES CONTAINED IN
                       COMMITTEE SUBSTITUTE FOR
18                              SB 710

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20  The Committee Substitute limits the sales tax exemption to a
    publicly owned football facility at which a college football
21  team is based within a municipality which in the preceding 5
    years has been declared in a state of financial emergency.
22  Requires persons collecting tax at the facility to report
    sales to the DOR but remit tax to the facility.
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