Amends TCA Title 5; Title 6; Title 7; Title 9 and Title 67.

ON APRIL 16, 2024, THE HOUSE ADOPTED AMENDMENT #1 AND PASSED HOUSE BILL 2244, AS AMENDED. <br /> <br /> AMENDMENT #1 rewrites the bill to, instead, make the following changes relative to the Local Tourism Development Zone Business Tax Act:<br /> <br /> (1) Adds to the definition of a "qualified public use facility" or "public use facility" to mean a mixed-use development initially including a sports facility containing 10 or more sports fields and including any retail, office, hotel, apartment, condominium, and other commercial or residential uses that is located in a tourism development zone and requiring a capital investment of $500 million;<br /> <br /> (2) Relative to present law establishing that making sales by engaging in business in a public use facility is subject to a privilege tax, authorizes a municipality to levy, modify, or repeal a privilege tax levied upon the privilege of engaging in any business or business activity in a qualified public use facility by amending the ordinance authorizing the privilege tax. A municipality may designate by ordinance classes of businesses or business activities and levy the privilege tax at different rates for each class, so long as the tax does not exceed 5 percent for any class; and<br /> <br /> (3) Prohibits an ordinance authorizing the privilege tax, or an amendment or modification of the privilege tax, from taking effect unless it is approved by a 2/3 vote of the municipal legislative body at two consecutive, regularly scheduled meetings, or unless it is approved by a majority of the number of qualified voters of the municipality voting in an election of whether or not the tax should be levied.<br />