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ADDITIONAL PROFESSIONAL SPORTS FRANCHISE FACILITY TAX Section 125.0104(3)(n), Florida Statutes
Brief Overview In addition to any other tourist development tax imposed, a county that has levied the Professional Sports Franchise Facility Tax pursuant to s. 125.0104(3)(l), F.S., may levy
an additional tax that is no greater than 1 percent on the total consideration charged for transient rental transactions. The tax shall be levied pursuant to an ordinance adopted by a majority plus vote of the county's
governing body. The proceeds are to pay the debt service on bonds issued to finance professional sports franchise facilities. The provisions in s. 125.0104(4), F.S., regarding the preparation of the county
tourist development plan shall not be applicable to this tax. In addition, the prohibition against any county authorized to levy a convention development tax from levying this tax applies only to Dade and Volusia
counties. Any county authorized to levy the Consolidated County Convention Development Tax pursuant to s. 212.0305(4)(a), F.S., is permitted to levy this tax. This waiver is applicable only to Duval County. Local Governments Eligible to Levy Only a county that has levied the Professional Sports Franchise Facility Tax pursuant to s. 125.0104(3)(l), F.S., is eligible to levy this tax.
Currently, eleven counties are eligible to levy this tax. As of June 1, 1998, only three counties are levying this tax. Inquiries regarding the Department's estimation of these proceeds should be addressed
to the Office of Research and Analysis at (850) 488-2900 or Suncom 278-2900. For more information GO TO -http//fcn.state.fl.us/acir |
