FL H0833

Creates section 189.056 of Florida Statutes to authorize municipalities with populations exceeding 400,000 located in home rule counties to levy ad valorem taxes on downtown development districts.

Permits municipalities to assess up to 0.475 mills on the taxable value of all real and personal property within a downtown development district to finance district operations.

Limits the district's millage rate to a maximum of 0.475 mills and requires compliance with dependent special district limitations under section 200.001(8)(d).

Establishes legislative intent to encourage revitalization of downtown areas in large municipalities while respecting the home rule powers of charter counties.

Takes effect July 1, 2015.