Bill Text: FL S0194 | 2016 | Regular Session | Introduced
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Redevelopment Trust Fund
Spectrum: Partisan Bill (Republican 1-0)
Status: (Passed) 2016-03-31 - Chapter No. 2016-155 [S0194 Detail]
Download: Florida-2016-S0194-Introduced.html
Bill Title: Redevelopment Trust Fund
Spectrum: Partisan Bill (Republican 1-0)
Status: (Passed) 2016-03-31 - Chapter No. 2016-155 [S0194 Detail]
Download: Florida-2016-S0194-Introduced.html
Florida Senate - 2016 SB 194 By Senator Hukill 8-00123B-16 2016194__ 1 A bill to be entitled 2 An act relating to the redevelopment trust fund; 3 amending s. 163.387, F.S.; adding certain hospital 4 districts to the list of public bodies or taxing 5 authorities that are exempt from appropriating certain 6 revenues to the redevelopment trust fund; reenacting 7 s. 259.042(9), F.S., relating to tax increment 8 financing for conservation lands, to incorporate the 9 amendment made by this act to s. 163.387, F.S.; 10 providing an effective date. 11 12 Be It Enacted by the Legislature of the State of Florida: 13 14 Section 1. Paragraph (c) of subsection (2) of section 15 163.387, Florida Statutes, is amended to read: 16 163.387 Redevelopment trust fund.— 17 (2) 18 (c) The following public bodies or taxing authorities are 19 exempt from paragraph (a): 20 1. A special district that levies ad valorem taxes on 21 taxable real property in more than one county. 22 2. A special district for which the sole available source 23 of revenue the district has the authority to levy is ad valorem 24 taxes at the time an ordinance is adopted under this section. 25 However, revenues or aid that may be dispensed or appropriated 26 to a district as defined in s. 388.011 at the discretion of an 27 entity other than such district shall not be deemed available. 28 3. A library district, except a library district in a 29 jurisdiction where the community redevelopment agency had 30 validated bonds as of April 30, 1984. 31 4. A neighborhood improvement district created under the 32 Safe Neighborhoods Act. 33 5. A metropolitan transportation authority. 34 6. A water management district created under s. 373.069. 35 7. For a community redevelopment agency created on or after 36 July 1, 2016, a hospital district that is a special district as 37 defined in s. 189.012. 38 Section 2. For the purpose of incorporating the amendment 39 made by this act to section 163.387, Florida Statutes, in a 40 reference thereto, subsection (9) of section 259.042, Florida 41 Statutes, is reenacted to read: 42 259.042 Tax increment financing for conservation lands.— 43 (9) The public bodies and taxing authorities listed in s. 44 163.387(2)(c), school districts, and special districts that levy 45 ad valorem taxes within a tax increment area are exempt from 46 this section. 47 Section 3. This act shall take effect July 1, 2016.