Overview
- The Florida House approved HB 1221 by a 62-45 vote, requiring 75% of hotel tax revenue to be used for property tax relief starting in 2026.
- Tourism leaders warn the reallocation could undermine Florida's $1.5 billion tourism economy, affecting marketing, infrastructure, and local jobs.
- Proponents argue the plan could save homeowners in Orange County an average of $700 if applied to permanent residences, though savings vary by county.
- Critics highlight that the potential property tax savings, estimated at $68.78 per person in Broward County, may not outweigh the economic risks to tourism.
- The bill now moves to the Florida Senate, where opposition from key lawmakers suggests a challenging path forward for final approval.