FL H0409

Prohibits individual bidders and corporate bidder entities from submitting more than one bid per tax certificate sale and prohibits use of multiple federal employer identification numbers to circumvent this restriction.

Bars violators from bidding in any county tax certificate sales for 2 consecutive years after identification and verification of the bidding violation.

Defines related entities as those sharing a taxpayer identification number, filing jointly, sharing common employees or assets, displaying noncompetitive bidding behavior, sharing capital pools, employing tie-bid manipulation strategies, or exhibiting ownership of each other.

Authorizes individual counties to set the interest rate on real property taxes, with each county required to annually set the maximum interest rate on tax certificates for the following calendar year.

Establishes interest rates at 18 percent per year for personal property taxes and maintains a 3 percent minimum charge for delinquent taxes paid prior to certificate sale; effective July 1, 2016.