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Local Option Taxes (HB 1221)

Score:

28

%

Florida

2025

Latest Action:

Updated:

Chamber:

The Local Option Taxes bill requires certain taxes to be renewed through an ordinance. It allows exceptions, construction provisions, expiration, and the potential adoption of new ordinances. The bill amends existing Florida Statutes to define the process and duration for local option taxes, particularly for tourist development and regional transportation. It ensures bondholders' rights and sets requirements for referendum renewals every eight years or up to thirty years for bond financing.

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