Florida Statutes (Title XIV — Taxation and Finance)
§ 218.61, F.S. — Local government half-cent sales tax; designated proceeds; trust fund
(1)
Each participating county or municipal government shall receive a portion of the local government half-cent sales tax, as provided in this part.
(2)
Money remitted by a sales tax dealer located within the county and transferred into the Local Government Half-cent Sales Tax Clearing Trust Fund shall be earmarked for distribution to the governing body of that county and of each municipality within that county. Such distributions shall be made after funding is provided pursuant to s. 218.64(3), if applicable. Such moneys shall be known as the “local government half-cent sales tax.”
(3)
There is created in the State Treasury the Local Government Half-cent Sales Tax Clearing Trust Fund. Moneys in the fund are hereby appropriated to the Department of Revenue and shall be distributed monthly to participating units of local government.
Source: official text