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Proposed bill may affect tourist council budget
Proposed bill may affect tourist council budget
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Proposed bill may affect tourist council budget
Wednesday, 27 April 2011 13:43
Senator Don Gaetz is currently sponsoring a bill in legislation that allows a tax break for online reservation companies that will affect the amount of taxes received by local Tourist Development Councils. The taxes make up the TDCs’ budgets.
A bill analysis, available online through the Florida Senate website, said the bill requires that the “taxes are imposed on the amount received by the [property] owner…not the payments received by unrelated persons facilitating the booking reservations….”
For more on this story, see the April 28 edition of the Navarre Press or subscribe online.
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