Session Spotlight: Not Funding VISIT FLORIDA Would Hurt Tourism Promotion and Florida’s Economy

In 1996, the Florida Legislature created the Florida Tourism Industry Marketing Corporation, known as VISIT FLORIDA (VF). VF is a public-private partnership that serves as Florida’s statewide destination marketing organization. It is a direct support organization of Enterprise Florida, which is required to contract with VF “to execute tourism promotion and marketing services, functions, and programs for the state.” Over the years, a number of Florida TaxWatch research projects have highlighted the value of VF and shown that continuous, targeted investment in Florida tourism promotion is critical to our state’s economic success. VF has been instrumental in helping tourism recover following disasters and events such as hurricanes, red tide, the Zika virus scare, and the COVID-19 pandemic, dispelling rumors and letting the world know that Florida and its beaches and other attractions were open for business. The pandemic caused a 24.8 percent decrease in tourists. After growth of 38.5 percent in 2022, the number of visitors has surpassed the pre-pandemic peak and is expected to continue to grow, passing the 150 million mark in 2026.

For many years, Florida TaxWatch research has supported investment in the state’s tourism industry.  The state has developed a very good tourism promotion model that has proven success.  HB 7053 would threaten that model.  Although the legislation did not get through its committees, funding for VF is still very much in doubt as budget negotiators have not yet reached agreement.  The language in HB 7053 could resurface as a compromise. 

To remain competitive and sustain Florida’s share of the U.S. tourism market, Florida must continue to invest in tourism marketing and promotion to make sure that when tourists begin to plan their next vacation, they think first of Florida.

Documents to download

Previous Article The Impacts of Impact Fees on the Cost of Housing
Next Article $670 Million Added to the New State Budget Through the Sprinkle Lists Deserves Close Scrutiny During the Governor’s Veto Deliberations
Print
5370
0Upvote 0Downvote
«June 2026»
MonTueWedThuFriSatSun
25262728293031
1
Florida TaxWatch Provides Analysis of the Governor’s Property Tax Amendment and Legislation, Recommends Florida Taxation and Budget Reform Commission Lead Debate

Florida TaxWatch Provides Analysis of the Governor’s Property Tax Amendment and Legislation, Recommends Florida Taxation and Budget Reform Commission Lead Debate

The Florida Legislature is meeting in special session to consider Governor DeSantis’ proposed constitutional amendment and linked legislation to provide significant property tax relief to Florida homeowners. The proposal has many provisions, but the main ones would increase the homestead exemption to $150,000, beginning January 1, 2027, and then increase it to $250,000, beginning January 1, 2028. This exemption will apply to all property taxes. In addition, the cap on the annual increase in the assessment of non-homestead properties would be reduced from 10% to 5%, but this change would not apply to school property tax levies. Any property taxes remaining after the changes would be restricted to being used solely for core services such as public safety, education, infrastructure, debt, and retirement benefits.

Read more
234567
891011121314
15161718192021
22232425262728
293012345

Archive