Florida Statutes 212.205 – Sales tax distribution reporting
Current as of: 2024 | Check for updates
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Terms Used In Florida Statutes 212.205
- Office of Economic and Demographic Research: means an entity designated by joint rule of the Legislature or by agreement between the President of the Senate and the Speaker of the House of Representatives. See Florida Statutes 1.01
- Person: includes any individual, firm, copartnership, joint adventure, association, corporation, estate, trust, business trust, receiver, syndicate, or other group or combination acting as a unit and also includes any political subdivision, municipality, state agency, bureau, or department and includes the plural as well as the singular number. See Florida Statutes 212.02
By March 15 of each year, each person who received a distribution pursuant to s. 212.20(6)(d)6.b. and c. in the preceding calendar year shall report to the Office of Economic and Demographic Research the following information:
(1) An itemized accounting of all expenditures of the funds distributed in the preceding calendar year, including amounts spent on debt service.
(2) A statement indicating what portion of the distributed funds have been pledged for debt service.
(3) The original principal amount and current debt service schedule of any bonds or other borrowing for which the distributed funds have been pledged for debt service.