FL H0639

Expands the definition of "state agency" to include the Florida Housing Finance Corporation and establishes an inspector general position for the corporation with annual reporting requirements (due 90 days after fiscal year end).

Revises the State Housing Trust Fund allocation from a capped amount to a fixed percentage (7.53% and 8.66%) of remaining excise tax on document revenues, eliminating previous dollar caps.

Adds "persons with special needs" as a defined population in housing programs, including those with disabling conditions, former foster youth, domestic violence survivors, and recipients of disability benefits, with preferential loan rates of 0-3%.

Authorizes housing finance authorities to invest surplus funds in FDIC-insured deposits and allows local governments to dispose of property conveyed for senior affordable housing under existing statutes.

Restricts use of State and Local Government Housing Trust Fund appropriations from financing new construction after December 31, 2010 (for homeownership) or December 31, 1996 (for rentals), though exceptions exist for acquisition and rehabilitation of existing properties; provision expires July 1, 2012.