An Act providing for establishment of tourism improvement districts, for governance of tourism improvement districts, for establishment of tourism improvement district management associations, for duties of tourism improvement district management associations, for termination of tourism improvement districts and for annual audit of tourism improvement district management associations.

HB 1347 establishes a framework for creating tourism improvement districts (TIDs) in local areas. These districts can collect special fees from participating businesses to fund tourism promotion, infrastructure, and marketing projects. The bill requires each TID to form a management association to oversee funds and operations, with mandatory annual financial audits. This directly affects local governments, tourism businesses within designated districts, and residents who may see changes to tourism-related services and facilities.