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Bill > H5401


FL H5401

Documentary Stamp Tax Distributions


summary

Introduced
03/25/2021
In Committee
03/29/2021
Crossed Over
Passed
Dead
04/30/2021

Introduced Session

Potential new amendment
2021 Regular Session

Bill Summary

An act relating to documentary stamp tax distributions; amending s. 201.15, F.S.; revising and deleting distributions of the documentary stamp taxes collected; providing that specified distributions may not be transferred to the General Revenue Fund; amending s. 403.890, F.S.; authorizing revenues from the Water Protection and Sustainability Program Trust Fund to be distributed to the wastewater grant program; reenacting ss. 201.0205, 339.55(9), 420.5092(5) and (6), and 420.9073(1), (2), and (3), F.S., relating to counties that have implemented ch. 83-220, Laws of Florida, as amended, the state-funded infrastructure bank, the Florida Affordable Housing Guarantee Program, and local housing distributions, respectively, to incorporate the amendments made to s. 201.15, F.S., in references thereto; providing a contingent effective date.

AI Summary

This bill amends the distribution of documentary stamp tax revenue in Florida. It revises the percentages and dollar amounts allocated to the State Transportation Trust Fund, State Housing Trust Fund, Local Government Housing Trust Fund, and creates new allocations to the Resilient Florida Trust Fund and the Water Protection and Sustainability Program Trust Fund. The bill also prohibits the transfer of funds distributed to the State Housing Trust Fund and Local Government Housing Trust Fund to the General Revenue Fund. Additionally, the bill authorizes the use of Water Protection and Sustainability Program Trust Fund revenues for wastewater grants. The provisions of this bill are contingent on the passage of related legislation.

Committee Categories

Budget and Finance

Sponsors (1)

Other Sponsors (1)

Agriculture and Natural Resources Appropriations Subcommittee (H)

Last Action

Laid on Table, refer to SB 2512 (on 04/08/2021)

bill text


bill summary

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bill summary

Document Type Source Location
State Bill Page https://www.flsenate.gov/Session/Bill/2021/5401
Agriculture and Natural Resources Appropriations Subcommittee (Post-Meeting) https://www.flsenate.gov/Session/Bill/2021/5401/Analyses/h5401z1.ANR.PDF
Agriculture and Natural Resources Appropriations Subcommittee (Post-Meeting) https://www.flsenate.gov/Session/Bill/2021/5401/Analyses/h5401z.ANR.PDF
House Floor Amendment #538667 https://www.flsenate.gov/Session/Bill/2021/5401/Amendment/538667/PDF
Analysis - Appropriations Committee (Post-Meeting) https://www.flsenate.gov/Session/Bill/2021/5401/Analyses/h5401a.APC.PDF
House Committee Amendment #224571 https://www.flsenate.gov/Session/Bill/2021/5401/Amendment/224571/PDF
Analysis - Appropriations Committee (Post-Meeting) https://www.flsenate.gov/Session/Bill/2021/5401/Analyses/h5401.APC.PDF
Bill https://www.flsenate.gov/Session/Bill/2021/5401/BillText/Filed/PDF
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