Bill > S0102

This bill, cited as the "Live Local Act", proposes several key provisions: 1. It deletes the authority of local governments to adopt or maintain laws, ordinances, rules, or other measures that would have the effect of imposing controls on rents. 2. It provides an exemption from ad valorem taxation for land that meets certain criteria, such as being owned by a nonprofit entity and leased for the purpose of providing housing to those meeting low-income or moderate-income limits. 3. It authorizes local governments to adopt ordinances to provide an ad valorem tax exemption for portions of property used to provide affordable housing meeting certain requirements. 4. It suspends, for a specified period, the General Revenue Fund service charge on documentary stamp tax collections. 5. It authorizes the Governor, under the Florida Job Growth Grant Fund, to approve state or local public infrastructure projects to facilitate the development or construction of affordable housing. The bill also creates new tax credit programs, housing initiatives, and funding sources to support affordable housing in Florida.

Budget and Finance

Appropriations (Senate)

https://www.flsenate.gov/Session/Bill/2023/102