02/02/2021 - Laserfiche WebLink

Home Browse Search

1/2212021 Indian River County, FL Code of Ordinances and operated by the owner of a professional sports franchise or other lessee with sufficient expertise or financial capability to operate such facility, and to pay the planning and design costs incurred prior to the issuance of such bonds. (b) Up to fifty (50) percent of the revenues to be derived from the tourist development tax levied pursuant to sections 210.01(b) and (c) of this chapter shall be pledged to secure and liquidate revenue bonds issued by the county for the purposes set forth in section (a)(4) of this section. Up to one-half (�/2) of the remaining revenue derived from the tourist development tax levied pursuant to sections 210.01(b) and (c) of this chapter may be pledged to secure and liquidate revenue bonds issued by the county for the purposes set forth in section (a)(1). (Ord. No. 92-26, § 5, 7-14-92; Ord. No. 93-27, § 2, 7-20-93; Ord. No. 2000-029, § 1, 9-7-00; Ord. No. 2019-004, § 2, 1- 15-19) Section 210.04. - Local administration of tourist development tax. (a) Any person, firm or corporation receiving consideration for rental or lease (herein referred to as the "dealer") for any period subsequent to October 1, 2000, shall receive, account for, and remit the tax to the Indian River County Clerk of the Circuit Court. (b) Initial collection of the tax shall be made in the same manner as the tax imposed under Chapter 212, Florida Statutes. (c) The Indian River County Clerk of the Circuit Court shall be responsible for the collection of the tax from the dealer and administration of the tax. (d) The same duties and privileges imposed by Chapter 212, Florida Statutes, upon dealers in tangible property, respecting the collection and remission of tax, the making of returns, the keeping of books, records and accounts, shall apply to and be binding upon all persons who are subject to.the provisions of this chapter; provided, however, that the Indian River County Clerk of the Circuit Court may authorize a quarterly return and payment when the tax remitted by the person receiving the consideration for such rental or lease for the preceding quarter did not exceed one hundred dollars ($100.00). (e) The Indian River County Clerk of the Circuit Court shall promulgate such rules, and prescribe and publish such forms as may be necessary to effectuate the purposes of the section. (f) The Indian River County Clerk of the Circuit Court shall perform the enforcement functions associated with the collection and remission of this tax. (g) A total of three (3) percent of the total tourist development tax collected shall be retained by the Indian River County Clerk of the Circuit Court for costs of administration. (h) The taxes imposed by this section shall become county funds at the moment of collection and shall for each month be due to the Indian River County Clerk of the Circuit Court on the first day and is delinquent on the twenty-first day of the month following, unless otherwise provided for by subsection (d). Collections received by the Indian River County Clerk of the Circuit Court from the tax, less costs of administration of the local collection, shall be paid and returned, on a monthly basis, to Indian River County, Florida, for use by the county in accordance with the provisions of this chapter and shall be placed in the "Indian River County Tourist Development Trust Fund." 195 3/6