FL S0468

Expands the definition of "blighted area" under Florida law to include land previously used as a military facility that is undeveloped and was declared surplus by the Federal Government within the preceding 20 years.

Allows areas meeting the new military facility criteria to qualify as blighted areas without requiring two or more of the existing blight factors, if all applicable taxing authorities agree by interlocal agreement, agency agreement, or resolution.

Amends section 163.340, Florida Statutes, to modify the conditions under which an area can be designated as blighted for purposes of community redevelopment and tax credit eligibility.

Makes grammatical corrections to clarify that agreement can be reached through interlocal agreement, agreements with the agency, or by resolution.

Becomes effective July 1, 2011.