FISCAL NOTE

Senate Bill 179 as introduced adjusts the taxation on the sale of alcoholic beverages in community development districts to be the same rate as the tax on any sale of liquor in the largest municipality in the county in which the district is established, instead of the tax on the sale of beer and wine in the largest municipality in the county, which could increase or decrease the rate assessed by any current community development district dependent upon beer, wine and liquor taxes assessed in the largest municipality in the county in which the district is established. Proceeds from the sales of alcoholic beverages in community development districts are deposited into special funds in the county treasuries and used for grants to support education, civic, community, and tourism activities within the county the district is located within.