FL S1222

Changes the maximum millage rate calculation for counties, municipalities, special districts, and municipal service taxing units from a "rolled-back rate" based on prior year taxes to simply the millage rate levied in the prior year, adjusted for change in per capita Florida personal income

Allows local governments to use the prior year's adopted rate as the maximum if the change in per capita Florida personal income is negative

Requires a two-thirds vote of the governing body to adopt a rate up to 110% of the prior year's millage rate (adjusted for per capita income change)

Permits rates exceeding 110% only with unanimous governing body approval, three-fourths vote (for bodies with 9+ members), or voter referendum approval

Effective date of July 1, 2016