Visit Central Florida worried about losing tourist funding amid new House bill

Visit Central Florida worried about losing tourist funding amid new House bill

The future of tourism in Florida was under scrutiny today after the state House passed a bill that would reallocate funds from the tourism industry to the housing market in the form of tax refunds.From an economics standpoint, Im an old economics professor, this is a bad move, this is a bad business move for the state of Florida, said Mark Jackson, Director of Visit Central Florida. In Polk County thats going to amount to about $58 a year, minus…

STATE BILLS TARGET TOURISM DOLLARS FOR PROPERTY TAX RELIEF

Taxes paid by visitors to the Sunshine State, which are currently used for tourism marketing and facilities, could soon go to reduce county property taxes, per a set of proposals […]

In bid to slash property taxes, Legislature considers defunding tourism

A state bill would steer Tampa Bay’s hotel tax revenue from tourism marketing to tax refunds.

Florida Legislation Reshapes Tourism Funding as Disney Cuts Campsite Capacity - Modern Campground

Florida lawmakers have advanced HB7033, a tax-focused proposal that could alter how counties use tourist development revenue. According to one detailed account, this measure would give counties more flexibility starting July 1, 2025, to reallocate funds that have historically gone to tourism marketing toward debt service or other infrastructure projects. Property tax offsets would begin in 2026, and the bill specifies the dissolution of tourist …

Will Hospital District have to find new ways to fund its operations?

The county Hospital District has begun to contemplate the potential need for major changes in how it is funded and operates should Floridians choose to eliminate or drastically cut property taxes a year from November. Gov. Ron DeSantis has floated the idea of eliminating property taxes, and with lawmakers in both houses of the legislature embracing a change in how Florida raises revenue, some local officials have started thinking about what woul…