Report: Hotel-generated state and local tax revenue to reach new highs in 2023

Hotels on hiring spree to meet demand as occupancy nears 2019 levels

By American Hotel & Lodging Association | Special Report

WASHINGTON (Feb. 21, 2023)Hotel-generated state and local tax revenue will reach new heights nationally ($46.71 billion) and in states across the nation this year, according to state-by-state projections released today by the American Hotel & Lodging Association (AHLA) and Oxford Economics.

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Report: Florida's combined sales tax rate ranks 23rd nationally

(The Center Square) — A recent report from the Tax Foundation shows how sales tax and local taxes across the United States vary from state to state with Florida sitting in the middle of the pack.

The report found 45 states and the District of Columbia collect statewide sales tax. Some local sales taxes, which are collected in 38 states, are often larger than the state rate. 

Florida has a combined sales and local tax ranking of 23rd with the state sales tax rate at 6% and local sales tax averaging about 1.02%, which is capped at 2% under state law.

Governor appoints 3 to SWFWMD governing board

Governor Ron DeSantis appointed James Holton, Dustin Rowland and Robert Stern to the Southwest Florida Water Management District's Governing Board.

Holton, of St. Petersburg, is the president and owner of JWH Properties, Inc., MHH Enterprises, Inc. and James W. Holton, P.A. He earned his bachelor’s degree from Stanford University and his master's degree and juris doctor from Boston University. Holton represents Pinellas County.

Florida's medical marijuana program has grown 71% in the past two years

By Andrew Powell | The Center Square contributor

(The Center Square) — According to the official in charge of Florida’s medical marijuana program, the number of active patients has increased 71% over the past two years.

Christopher Kimball, the Director of the Office of Medical Marijuana Use, provided statistics to the Florida House Healthcare Regulation Subcommittee Tallahassee Wednesday as they discussed the medical marijuana industry in the Sunshine State.

DeSantis wants to restrict politically motivated investment policies

By Andrew Powell | The Center Square contributor

(The Center Square) — Florida Gov. Ron DeSantis wants the Legislature to restrict politically motivated banking and investment policies with taxpayer funds and protect Floridians from discrimination from the banking industry in the upcoming session.