Florida bill targeting TDT for Visit Florida dead, sources say

ORLANDO, Fla. — Editor’s note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal.

A new Florida committee bill designed to grab a chunk of the lucrative tourist development tax collections across the state -- raising red flags for Orlando’s tourism industry leaders -- may be dead.

Read: Reedy Creek mouse trap: What is the ‘rule against perpetuities’ and why is King Charles involved?

Florida House Regulatory Reform & Economic Development Subcommittee bill, PCB RRS 23-02, was seeking to tap into the resort taxes to fund Visit Florida, the state’s marketing agency, for three years, and dedicate a majority of those funds to assist rural counties, state parks and forests, said a state analysis.

State records show the bill passed the committee favorably and awaits its next step in the Legislature. However, multiple knowledgeable sources told Orlando Business Journal the bill doesn’t appear to have the support to progress any further in Tallahassee.

Click here to read the full story on the Orlando Business Journal’s website.