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ADDITIONAL 1 PERCENT TAX Section 125.0104(3)(d), Florida Statutes Brief Overview
In addition to the 1 or 2 percent tax authorized in s. 125.0104(3)(c), F.S., the county=s governing body may levy an additional 1 percent tax on the total consideration charged for transient rental
transactions. The tax shall be levied pursuant to an ordinance adopted by an extraordinary vote of the governing body for the purposes set forth in s. 125.0104(5), F.S., or by referendum approval by the registered
voters within the county or subcounty special district. 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. No
county shall levy this additional tax unless the county has imposed the 1 or 2 percent tax for a minimum of three years prior to the effective date of the levy and imposition of the additional tax. If the 1 or 2
percent tax is levied within a subcounty special district, then this additional tax shall only be levied within the district. Generally, the revenues may be used for capital construction of tourist-related facilities,
tourist promotion, and beach and shoreline maintenance. Local Governments Eligible to Levy Only those counties that have levied the 1 or 2 percent tax for a minimum of three years
prior to the effective date of the levy and imposition of the additional 1 percent tax are authorized to levy this additional tax. Thirty-eight counties are currently eligible to levy this tax. Twenty-four counties
are levying this tax as of June 1, 1998. 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 |
