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Airbnb reports $15.6 billion economic impact in Florida for 2023
Airbnb injected $15.6 billion into Florida's economy in 2023, while concurrently supporting 183,600 jobs. Airbnb contributed $15.6 billion to Florida's economy in 2023 -- the most of any state in America -- while supporting 183,600 jobs, the company reported. The...
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Florida leads U.S. in Airbnb tax revenue with $387 million collected in 2023
The state of Florida saw a growth in tax revenue generated by Airbnb hosts, with more than $387 million collected, securing its position as the top U.S. beneficiary of the platform’s tourism-related taxes for the third year in a row. The state of Florida saw an...
Extension approved in Disney appeal
The 11th U.S. Circuit Court of Appeals granted Disney a 60-day extension in a federal lawsuit against Gov. Ron DeSantis and the Central Florida Tourism Oversight District, aimed at facilitating negotiations following a related state-court settlement A federal appeals...
Florida enacts tougher penalties for retail and porch theft
Gov. Ron DeSantis signed legislation on Tuesday introducing harsher penalties for organized retail theft and porch piracy in Florida, escalating charges based on the scale of theft and involvement. Gov. Ron DeSantis signed legislation on Tuesday that introduces...
Breaking the cycle of big drug company price increases
Every January, like clockwork, big drug companies raise prescription drug prices. The start-of-year price hikes are part of an annual cycle where drug companies raise prices in two batches, once in January, and again in June and July. During the first two weeks of...
FSU, Tallahassee Memorial HealthCare announce partnership agreement
Florida State University and Tallahassee Memorial HealthCare have signed a Memorandum of Understanding to establish an academic health center in Tallahassee and expand FSU's Health initiative with a medical campus in Panama City Beach. Florida State University (FSU)...
Florida to lower commercial lease sales tax, expects economic uplift
FloridaCommerce announced a reduction in the commercial lease sales tax rate from 4.5 percent to 2.0 percent, effective June 1, 2024, expected to save business owners $1 billion. FloridaCommerce, the state's business advocacy group, announced on Monday a decrease in...
Florida board approves premium reimbursement formula to help insurers
The Florida Hurricane Catastrophe Fund Advisory Council has endorsed a new premium reimbursement formula expected to lighten the financial load on insurers in Florida by reducing reimbursement rates. The Florida Hurricane Catastrophe Fund Advisory Council has approved...
Disney seeks delay in federal appeal
Walt Disney Parks and Resorts requested a 60-day delay in a federal legal dispute against Gov. Ron DeSantis and the Central Florida Tourism Oversight District, aiming to facilitate negotiations following a settlement in a related state-court case. After reaching a...
Fentanyl protection measures signed into law, opioid recovery program expanded
Gov. Ron DeSantis signed legislation on Monday enhancing penalties for fentanyl distribution that endangers first responders and expanded Florida's opioid recovery efforts. Gov. Ron DeSantis signed legislation on Monday to tighten controls on fentanyl distribution and...
DeSantis enacts free skin cancer screenings for state employees
Gov. Ron DeSantis has enacted a law requiring annual, cost-free skin cancer screenings for over 300,000 state employees and their dependents. Gov. Ron DeSantis signed a bill into law on Friday mandating annual skin cancer screenings for more than 300,000 state...
Florida faces ‘extremely active’ hurricane season
Colorado State University forecasts an "extremely active" 2024 hurricane season, anticipating 23 named storms and 11 hurricanes, five of which are expected to be major, due to warm Atlantic conditions. Colorado State University (CSU) has issued a forecast predicting...
Rep. Tommy Gregory named next President of State College Of Florida, Manatee-Sarasota
Rep. Tommy Gregory was selected as the next President of State College of Florida, Manatee-Sarasota on Friday, with university leadership hopeful for a July 1 start date. Rep. Tommy Gregory was named as the State College Of Florida, Manatee-Sarasota's next President...
Orlando International Airport gets $61.9M federal grant
The U.S. Department of Transportation awarded Orlando International Airport a $61.9 million federal grant for expansions and improvements, bolstering its capacity as a major international gateway. Orlando International Airport will receive a $61.9 million dollar...
Bill to protect first responders from fentanyl exposure awaits governor’s signature
A bill awaiting Gov. Ron DeSantis' review would impose new felony charges on individuals endangering first responders with fentanyl exposure. A bill designed to shield first responders from fentanyl exposure is set to be reviewed by Gov. Ron DeSantis. The legislation,...
Judge rejects FSU bid to dismiss ACC case
A North Carolina judge declined Florida State University's request to dismiss a lawsuit filed by the Atlantic Coast Conference, continuing a legal dispute over media rights and potential exit penalties exceeding $500 million. A North Carolina judge on Thursday...
DeSantis signs bill channeling gaming compact funds to environment
Gov. Ron DeSantis signed Senate Bill 1638, directing $536 million from the Seminole Gaming Compact revenues towards environmental conservation in Florida, including land acquisition, combating invasive species, and improving water quality. Gov. Ron DeSantis signed...
Senate President’s husband dies After Fall
John Passidomo, the husband of Senate President Kathleen Passidomo, died Wednesday after falling and suffering massive head trauma and other injuries, according to a memo distributed by the Florida Senate. “The president has lost the love of her life, and is...
Federal authorities schedule more depositions for Sentara executives; Medicaid contract winners still pending
Federal authorities will re-question Sentara Healthcare executives amid a False Claims Act probe, as decisions on Florida's Medicaid contracts face delays. Federal authorities were granted permission this week to re-depose executives from Sentara Healthcare, a...
Florida plans to accelerate critical road projects
Gov. Ron DeSantis on Wednesday sanctioned a $2.5 billion project to widen a 14.7-mile stretch of Interstate 4 from Polk County to Osceola Parkway, part of the "Moving Florida Forward" initiative aimed at expediting infrastructure projects to accommodate the state's...
Report: pandemic slashed tourism marketing return
State economists report that Visit Florida's return on investment plummeted during the pandemic but is expected to return to pre-pandemic levels as tourism recovers. Visit Florida saw its return on investment fall to 58 cents for every $1 spent on marketing as...
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