summary
Introduced
12/08/2025
12/08/2025
In Committee
02/02/2026
02/02/2026
Crossed Over
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
An act relating to affordable housing; amending ss. 125.010555 and 166.04151, F.S.; requiring certain incentives be used for the construction of affordable housing; revising upwards the length of time that certain rental units must remain affordable in order to qualify for a specified zoning variance; amending s. 196.1978, F.S.; revising downward the maximum median income used to determine eligibility for certain tax incentives; amending s. 201.02, F.S.; specifying that documentary stamp taxes do not apply to deeds, transfers, or conveyances of residential property to first-time homebuyers; defining the term "first-time homebuyer"; amending s. 201.08, F.S.; specifying that documentary stamp taxes do not apply to certain documents executed by a first-time homebuyer in connection with the purchase of a principal residence; defining the term "first-time homebuyer"; providing an effective date.
AI Summary
This bill aims to increase the availability of affordable housing by requiring that incentives provided by counties and municipalities for affordable housing contributions must be used for the construction of affordable housing, and by extending the required period for rental units to remain affordable to qualify for zoning variances from 30 to 50 years. It also adjusts eligibility for certain property tax exemptions by lowering the maximum median income percentage used to determine qualification from 120% to 100% of the area median income, though taxing authorities can opt out of this change under specific conditions. Furthermore, the bill exempts deeds, transfers, and conveyances of residential property to "first-time homebuyers" from documentary stamp taxes, defining a first-time homebuyer as an individual and their spouse who haven't owned a principal residence in the past three years and meet certain income qualifications (moderate, low, or very-low income as defined by state law). This exemption also extends to related documents executed by first-time homebuyers when purchasing their primary residence, with the same definition of first-time homebuyer applying.
Committee Categories
Budget and Finance, Housing and Urban Affairs
Sponsors (17)
Fentrice Driskell (D)*,
Robin Bartleman (D),
Daryl Campbell (D),
Lindsay Cross (D),
Dan Daley (D),
Tae Edmonds (D),
Gallop Franklin (D),
Ashley Gantt (D),
Mike Gottlieb (D),
Rita Harris (D),
Christine Hunschofsky (D),
Dotie Joseph (D),
Rob Long (D),
Felicia Robinson (D),
Mitch Rosenwald (D),
Kelly Skidmore (D),
Leonard Spencer (D),
Other Sponsors (1)
Housing, Agriculture & Tourism Subcommittee (House)
Last Action
Now in Ways & Means Committee (on 02/02/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.flsenate.gov/Session/Bill/2026/675 |
| BillText | https://www.flsenate.gov/Session/Bill/2026/675/BillText/c1/PDF |
| Analysis - Housing, Agriculture & Tourism Subcommittee (Post-Meeting) | https://www.flsenate.gov/Session/Bill/2026/675/Analyses/h0675a.HAT.PDF |
| https://www.flsenate.gov/Session/Bill/2026/675/Amendment/933075/PDF | |
| https://www.flsenate.gov/Session/Bill/2026/675/Amendment/788081/PDF | |
| Analysis - Housing, Agriculture & Tourism Subcommittee (Post-Meeting) | https://www.flsenate.gov/Session/Bill/2026/675/Analyses/h0675.HAT.PDF |
| BillText | https://www.flsenate.gov/Session/Bill/2026/675/BillText/Filed/PDF |
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