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FL H1261

Bill

Official Source

Status

Failed

5/5/2023

Primary Sponsor

Ashley Gantt

Click for details

Origin

House of Representatives

2023 Regular Session

AI Summary

  • Landlords of 55+ adult communities cannot increase rent more than 12% of the initial rental fee over any 5-year period

  • Rent increases cannot exceed 55% of the average fixed income of renters in the community

  • Security deposits in 55+ adult communities are capped at 1 month's rent

  • Amends Florida Statutes sections 83.46 (rent) and 83.49 (deposits)

  • Effective date: July 1, 2023

Legislative Description

Rent and Security Deposits of Communities for Adults Aged 55 or Older

Last Action

Died in Civil Justice Subcommittee

5/5/2023

Committee Referrals

Civil Justice Subcommittee3/6/2023

Full Bill Text

No bill text available