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<br />Statutes & Constitution :mew Statutes : Online Sunshine
<br />1. Generate a minimum of $10 million in annual proceeds from any tax, or any combination of taxes,
<br />authorized to be levied pursuant to this section;
<br />2. Have at least three municipalities; and
<br />3. Have an estimated population of less than 225,000, according to the most recent population estimate
<br />prepared pursuant to s. 186.901, excluding the inmate population.
<br />The board of county commissioners must by majority vote approve reimbursement made pursuant to this paragraph
<br />upon receipt of a recommendation from the tourist development council.
<br />(d) The revenues to be derived from the tourist development tax may be pledged to secure and liquidate
<br />revenue bonds issued by the county for the purposes set forth in subparagraphs (a)1., 2., and 5. or for the purpose
<br />of refunding bonds previously issued for such purposes, or both; however, no more than 50 percent of the revenues
<br />from the tourist development tax may be pledged to secure and liquidate revenue bonds or revenue refunding
<br />bonds issued for the purposes set forth in subparagraph (a)5. Such revenue bonds and revenue refunding bonds may
<br />be authorized and issued in such principal amounts, with such interest rates and maturity dates, and subject to
<br />such other terms, conditions, and covenants as the governing board of the county shall provide. The Legislature
<br />intends that this paragraph be full and complete authority for accomplishing such purposes, but such authority is
<br />supplemental and additional to, and not in derogation of, any powers now existing or later conferred under law.
<br />(e) Any use of the local option tourist development tax revenues collected pursuant to this section for a
<br />purpose not expressly authorized by paragraph (3)(1) or paragraph (3)(n) or paragraphs (a) -(d) of this subsection is
<br />expressly prohibited.
<br />(6) REFERENDUM.—
<br />(a) No ordinance enacted by any county levying the tax authorized by paragraphs (3)(b) and (c) shall take
<br />effect until the ordinance levying and imposing the tax has been approved in a referendum election by a majority
<br />of the electors voting in such election in the county or by a majority of the electors voting in the subcounty special
<br />tax district affected by the tax.
<br />(b) The governing board of the county levying the tax shall arrange to place a question on the ballot at the
<br />next regular or special election to be held within the county, substantially as follows:
<br />FOR the Tourist Development Tax
<br />AGAINST the Tourist Development Tax.
<br />(c) If a majority of the electors voting on the question approve the levy, the ordinance shall be deemed to be
<br />in effect.
<br />(d) In any case where a referendum levying and imposing the tax has been approved pursuant to this section
<br />and 15 percent of the electors in the county or 15 percent of the electors in the subcounty special district in which
<br />the tax is levied file a petition with the board of county commissioners for a referendum to repeal the tax, the
<br />board of county commissioners shall cause an election to be held for the repeat of the tax which election shalt be
<br />subject only to the outstanding bonds for which the tax has been pledged. However, the repeat of the tax shall not
<br />be effective with respect to any portion of taxes initially levied in November 1989, which has been pledged or is
<br />being used to support bonds under paragraph (3)(d) or paragraph (3)(l) until the retirement of those bonds.
<br />(7) AUTOMATIC EXPIRATION ON RETIREMENT OF BONDS.—Notwithstanding any other provision of this section, if
<br />the plan for tourist development approved by the governing board of the county, as amended pursuant to
<br />paragraph (4)(d), includes the acquisition, construction, extension, enlargement, remodeling, repair, or
<br />improvement of a publicly owned and operated convention center, sports stadium, sports arena, coliseum, or
<br />auditorium, or museum or aquarium that is publicly owned and operated or owned and operated by a not-for-profit
<br />organization, the county ordinance levying and imposing the tax automatically expires upon the later of:
<br />(a) The retirement of all bonds issued by the county for financing the acquisition, construction, extension,
<br />enlargement, remodeling, repair, or improvement of a publicly owned and operated convention center, sports
<br />stadium, sports arena, coliseum, or auditorium, or museum or aquarium that is publicly owned and operated or
<br />owned and operated by a not-for-profit organization; or
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