FL S0972

Allows applicants for development agreements to satisfy transportation concurrency requirements if they agree to pay for or construct their proportionate share of required improvements.

Requires local governments implementing transportation concurrency to provide the basis upon which landowners will be assessed their proportionate share of transportation impact costs.

Establishes a formula for calculating proportionate-share contributions based on trip generation, roadway capacity improvements, and construction costs, with credits for impact fees and other transportation mitigation payments.

Exempts public transit facilities (including stations, terminals, and park-and-ride lots) from concurrency requirements.

Encourages local governments that repeal transportation concurrency to adopt alternative mobility funding systems, which may not deny or delay development approvals if developers agree to pay for identified transportation impacts through the adopted funding mechanism.