Florida 2025 2025 Regular Session

Florida House Bill H1229 Introduced / Bill

Filed 02/26/2025

                       
 
HB 1229   	2025 
 
 
 
CODING: Words stricken are deletions; words underlined are additions. 
hb1229-00 
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F L O R I D A H O U S E O F R E P	R E S E N T A T I V E	S 
 
 
 
A bill to be entitled 1 
An act relating to financing qualifying improvements 2 
to residential property; amending s. 163.081, F.S.; 3 
revising the method of collection of a certain non -ad 4 
valorem assessment; conforming provisions to changes 5 
made by the act; providing an effective date. 6 
  7 
Be It Enacted by the Legislature of the State of Florida: 8 
 9 
 Section 1.  Paragraph (e) of subsection (1) of section 10 
163.081, Florida Statutes, is ame nded to read: 11 
 163.081  Financing qualifying improvements to residential 12 
property.— 13 
 (1)  RESIDENTIAL PROPERTY PROGRAM AUTHORIZATION. — 14 
 (e)  An authorized program administrator may levy non -ad 15 
valorem assessments to facilitate repayment of financing 16 
qualifying improvements. Costs incurred by the program 17 
administrator for such purpose may be collected as a non -ad 18 
valorem assessment. A non -ad valorem assessment shall be 19 
collected by the authorized program administrator and may not be 20 
collected pursuant to s. 197.3632 and, notwithstanding s. 21 
197.3632(8)(a), shall not be subject to discount for early 22 
payment. However, the notice and adoption requirements of s. 23 
197.3632(4) do not apply if this section is used and complied 24 
with, and the intent resolution, publicat ion of notice, and 25     
 
HB 1229   	2025 
 
 
 
CODING: Words stricken are deletions; words underlined are additions. 
hb1229-00 
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F L O R I D A H O U S E O F R E P	R E S E N T A T I V E	S 
 
 
 
mailed notices to the property appraiser, tax collector, and 26 
Department of Revenue required by s. 197.3632(3)(a) may be 27 
provided on or before August 15 of each year in conjunction with 28 
any non-ad valorem assessment authorized by this sec tion, if the 29 
property appraiser, tax collector, and program administrator 30 
agree. The program administrator shall only compensate the tax 31 
collector for the actual cost of collecting non -ad valorem 32 
assessments, not to exceed 2 percent of the amount collected and 33 
remitted. 34 
 Section 2. This act shall take effect July 1, 2025. 35