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FL S1814
Bill
Status
3/10/2018
Primary Sponsor
Community Affairs
Click for details
AI Summary
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Increases maximum board size for special neighborhood improvement districts from 3 to 3, 5, or 7 members, with local planning ordinances specifying the number and term lengths including staggered terms.
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Changes director qualification requirement from "residents of" to "landowners in" the district who are subject to ad valorem taxation.
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Creates Safe Neighborhood Improvement District Revolving Loan Program administered by the Department of Legal Affairs to provide loans for crime prevention infrastructure projects including environmental design, security, and community policing improvements.
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Requires safe neighborhood improvement districts to obtain voter approval by mail referendum before receiving revolving loans, with ballot including project costs and revenue sources for repayment.
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Establishes service fees of 2-4 percent on loans to maintain perpetual revolving loan trust fund, reserves 15 percent of annual funds for small districts, caps single district borrowing at 25 percent of annual available funds, and authorizes penalties of 6 percent for delinquent payments.
Legislative Description
Neighborhood Improvement Districts
Last Action
Died in Appropriations Subcommittee on Criminal and Civil Justice
3/10/2018