HCS/HB 306 - Under current law, the board of directors of a lake area business district must enter into an agreement with the county collector where the district is located for the collection of a transient guest tax within the district. This act requires the board to enter into a agreement with the Department of Revenue to collect the tax and allow the department to retain between one to three percent of such revenue for the cost of collection. Such agreement will supersede any previously existing agreement.JASON ZAMKUS