Senate Bill sb0154

    Florida Senate - 2002                                   SB 154

    By Senator Silver





    38-218-02

  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 of Revenue; providing an effective

10         date.

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

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14         Section 1.  Paragraph (r) is added to subsection (5) of

15  section 212.08, Florida Statutes, to read:

16         212.08  Sales, rental, use, consumption, distribution,

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

18  the rental, the use, the consumption, the distribution, and

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

20  following are hereby specifically exempt from the tax imposed

21  by this chapter.

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

23         (r)1.  Publicly owned football facility at which a

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

25  facility, within a municipality that has been declared in a

26  state of financial emergency within the preceding 6 years

27  pursuant to s. 218.503 and that has had a financial

28  emergencies board established, regardless of whether the board

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

30  private or public university or college is based may retain

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

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






    Florida Senate - 2002                                   SB 154
    38-218-02




  1  concessionaires, ticket sales, merchandising, ticket

  2  surcharges imposed by the local government, charges for

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

  4  proceeds for the purpose of renovating and modernizing the

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

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

  7  for events located at the facility, ticket surcharges imposed

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

  9  merchandise sales and concession sales on the premises of the

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

11  the facility.

12         2.  Concessionaires, merchandisers, and other persons

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

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

15  in a manner prescribed by rules adopted by the department.

16         Section 2.  This act shall take effect July 1, 2002.

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18            *****************************************

19                          SENATE SUMMARY

20    Provides that a publicly owned facility meeting certain
      criteria at which a collegiate football team is based may
21    use the proceeds of the tax on sales, use, and other
      transactions for the purpose of renovating the facility.
22    Provides for reporting of sales to the Department of
      Revenue.
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CODING: Words stricken are deletions; words underlined are additions.