FISCAL NOTE

House Bill 347 as introduced could increase alcoholic beverage tax receipts, including beer and wine tax, by establishing a new community development district as described by the provisions of this bill. The amount of the increased receipts will depend on the number of new districts created. The increased receipts will be paid to the Alcoholic Beverage Control Board and to the local governments in which the districts are created.

In addition, the bill could increase the filing fees of any county in which the largest area of a new community development district is located by $500 for each district created. This fee is in lieu of all other charges and fees to establish a district.