summary
Introduced
02/25/2025
02/25/2025
In Committee
03/03/2025
03/03/2025
Crossed Over
Passed
Dead
Introduced Session
Potential new amendment
2025 Regular Session
Bill Summary
An act relating to community redevelopment agencies; amending s. 163.356, F.S.; revising the structure of community redevelopment agencies to require a governing body to declare itself to be an agency; authorizing a governing body to appoint additional members of the agency under certain circumstances; providing for terms of such additional members; providing construction; repealing s. 163.357, F.S., relating to the governing body as the community redevelopment agency; amending s. 163.361, F.S.; prohibiting a governing body from adopting any modification to a community redevelopment plan which expands the boundaries of the community redevelopment area or extends the time certain set forth in the redevelopment plan; amending s. 163.370, F.S.; revising the authorized activities of community redevelopment agencies; prohibiting community redevelopment agencies from paying for or financing by increment revenues certain projects; amending s. 163.3755, F.S.; revising the date on which community redevelopment agencies must terminate; prohibiting a community redevelopment agency from extending the maturity date of outstanding bonds beyond a time certain; amending ss. 112.3143, 163.340, 163.346, 163.360, 163.367, 163.380, and 163.512, F.S.; conforming provisions to changes made by the act; providing an effective date.
AI Summary
This bill modifies Florida's laws regarding Community Redevelopment Agencies (CRAs), making several key changes. The bill requires governing bodies to declare themselves as the agency, with the members of the governing body becoming agency members, creating a separate legal entity. For governing bodies with five members, two additional persons may be appointed to the agency, serving 4-year terms. The bill prohibits governing bodies from expanding the boundaries of community redevelopment areas or extending the time for completing redevelopment, and restricts CRAs from using increment revenues to sponsor events like concerts, festivals, or parades. Additionally, the bill sets a termination date for CRAs, stipulating that agencies with outstanding bonds cannot extend bond maturity beyond the specified time for completing redevelopment. The legislation also removes some existing provisions related to agency structure and modifies various statutory references to align with the new requirements. These changes aim to provide more clarity and oversight in how community redevelopment agencies operate, with an effective date of July 1, 2025.
Committee Categories
Justice
Sponsors (1)
Other Sponsors (1)
Rules (S)
Last Action
Indefinitely postponed and withdrawn from consideration (on 05/03/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
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