FL H0447

Expands the definition of "blighted area" 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 an area to qualify as blighted if at least one of the existing factors is present and all applicable taxing authorities agree by interlocal agreement, agreements with the agency, or resolution that the area is blighted.

Corrects grammatical language in the statute by changing "are" to "is" for proper subject-verb agreement with singular subject.

Applies the blighted area definition to qualify for tax credits authorized under chapter 220.

Takes effect July 1, 2012.