Bill > S1726

Introduced Session

An act relating to housing; providing a short title; amending ss. 125.0103 and 166.043, F.S.; deleting provisions prohibiting municipalities, counties, or other entities of local government from adopting or maintaining certain laws relating to rent control; creating s. 166.0452, F.S.; defining terms; authorizing counties and municipalities to create community land bank programs for a certain purpose; requiring those counties and municipalities to establish or approve a land bank for certain purposes; requiring certain counties and municipalities to develop and annually adopt a community land bank plan; providing requirements for such plan; requiring that a public hearing on the proposed plan be held before its adoption; requiring notice to certain entities; requiring that the proposed plan be made available to the public within a certain timeframe before the public hearing; providing requirements for the sale of certain property to land banks; providing that such sale is for a public purpose; providing that certain persons waive the right to challenge the market value of a property under certain circumstances; requiring that written notice of a sale of such property be provided to certain persons in a certain manner within a specified timeframe; authorizing the owner of certain property to contest the sale of such property and requiring that such property be sold in a different manner; specifying that the owner of certain property is not entitled to proceeds from the sale or liable for certain deficiencies; authorizing land banks to buy certain property for less than market value under certain circumstances; conveying the right, title, and interest in certain property to land banks; requiring land banks to offer qualified organizations a right of first refusal to purchase certain property; providing requirements for the right of first refusal; providing conditions for the subsequent resale of property acquired by land banks; requiring that the proceeds from certain sales be reinvested in the community land bank program; requiring certain deed restrictions on certain property; providing requirements for such deed restrictions; requiring certain development owners to file specified annual reports; authorizing the modification of or addition to deed restrictions; requiring land banks to maintain certain records; requiring land banks to file annual audited financial statements within a certain timeframe; requiring land banks to submit an annual performance report to the county or municipality, as applicable, by a certain date; providing requirements for such report; requiring that copies of such report be provided to certain entities and made available for public review; authorizing land banks to acquire real property in specified manners and to hold, manage, and dispose of such real property in accordance with the community land bank plan; requiring that a specified percentage of certain taxes collected be remitted to a land bank for a specified duration; requiring that such funds be remitted to a land bank in accordance with certain procedures; providing applicability; creating s. 215.55866, F.S.; requiring the Department of Financial Services to adopt a home resiliency grading scale for a specified purpose; providing requirements for the grading scale; requiring the department to create a program that uses the grading scale for a specified purpose; providing requirements for the program; requiring the department to adopt rules; creating s. 215.55867, F.S.; establishing the Innovative Mitigation Solutions Pilot Program within the Department of Financial Services for a specified purpose; authorizing mortgage lenders and property insurers to submit proposals to the department that include certain information; authorizing the department to waive or develop certain rules in order to implement the proposal; requiring the department to adopt rules; creating s. 220.1851, F.S.; defining terms; authorizing a tax credit for certain projects; providing the maximum value of such credit; requiring the Florida Housing Finance Corporation to allocate the tax credit among certain projects; authorizing the tax credit to be transferred by the recipient; requiring the Department of Revenue to adopt rules; authorizing a tax credit allocation to be used for certain eligible costs; authorizing a tax credit allocation to be carried forward for a specified timeframe; amending ss. 420.0005 and 420.9079, F.S.; requiring certain agencies to provide a report to the Legislature relating to the use of specified transferred funds; requiring the repayment of certain funds within a specified timeframe; creating s. 420.50931, F.S.; creating the Retail-to-Residence Tax Credit Program for a certain purpose; requiring the Florida Housing Finance Corporation to determine which projects are eligible for the tax credit; requiring the corporation to establish and adopt certain procedures and to prepare a specified annual plan; requiring that such plan be approved by the Governor; authorizing the corporation to exercise certain powers; requiring the board of directors of the corporation to administer certain procedures and determine allocations on behalf of the corporation; providing requirements for certain procedures; requiring taxpayers who wish to participate in the program to submit an application with certain information to the corporation; authorizing the corporation to request additional information; requiring that approval of an application for a project be in writing and include a certain statement; creating s. 420.5312, F.S.; creating the Affordable Housing Construction Loan Program for a certain purpose; providing the Florida Housing Finance Corporation with certain powers and responsibilities relating to the program; providing requirements for the program; providing rulemaking authority; creating s. 542.37, F.S.; defining terms; providing that certain actions are a violation of the Florida Antitrust Act of 1980; providing applicability; requiring the Office of the Attorney General to develop a public education program and post certain information on the Attorney General’s website; authorizing the Office of the Attorney General to adopt rules; amending s. 627.0613, F.S.; authorizing the consumer advocate appointed by the Chief Financial Officer to request certain administrative hearings; authorizing the consumer advocate to compel the attendance and testimony of witnesses and issue subpoenas for and compel certain production; specifying that failure to obey certain court orders may be punished as contempt; authorizing a circuit court to order a person to pay certain expenses; amending s. 627.062, F.S.; prohibiting the Office of Insurance Regulation from approving certain rate filings; authorizing the consumer advocate to request an expedited appellate review of certain final orders; conforming provisions to changes made by the act; creating s. 692.041, F.S.; defining terms; prohibiting certain business entities from purchasing, acquiring, or otherwise obtaining certain property and subsequently leasing or renting such property; specifying that certain sellers are not liable for certain violations; prohibiting certain business entities from purchasing, acquiring, or offering to purchase or acquire certain property unless such property has been listed for sale to the general public for a specified timeframe, beginning on a certain date; requiring certain business entities to complete and retain for inspection by the Department of Legal Affairs a specified notice; requiring that all ownership interests held by certain business entities be aggregated; authorizing the Attorney General to bring a civil action; providing penalties; providing construction; amending s. 83.67, F.S.; conforming a provision to changes made by the act; amending ss. 542.21, 542.22, 542.25, and 542.32, F.S.; conforming cross-references; providing an effective date.

AI Summary

Carlos Smith (D)*, 

Died in Community Affairs (on 03/13/2026)

Bill Topics

Official Document