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FL S1016

Bill

Status

Failed

3/14/2020

Primary Sponsor

Darryl Rouson

Click for details

Origin

Senate

2020 Regular Session

AI Summary

  • Expands the definition of "infrastructure" for local government infrastructure surtax purposes to include land acquisition, demolition of existing structures, and site preparation for affordable residential housing projects

  • Requires that at least 30% of housing units on land acquired with surtax proceeds be affordable to households earning no more than 120% of area median income, with a 50-year affordability commitment (increased from previous unspecified terms)

  • Authorizes local governments and special districts to enter into ground leases for construction, reconstruction, renovation, recapitalization, or residential occupancy of housing on acquired land, expanding beyond just initial construction

  • Defines "residential housing" to include ancillary facilities such as laundry facilities, community rooms, and child care centers

  • Takes effect July 1, 2020

Legislative Description

Discretionary Sales Surtaxes

Last Action

Died in Community Affairs

3/14/2020

Committee Referrals

Community Affairs12/13/2019

Full Bill Text

No bill text available