Bill > H1493

Introduced Session

An act relating to housing; providing a short title; amending ss. 125.0103 and 166.043, F.S.; removing 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.; providing definitions; authorizing municipalities and counties to create community land bank programs for a certain purpose; requiring certain municipalities and counties to develop and annually adopt a community land bank plan; providing requirements for such plan; requiring a public hearing on the proposed plan before its adoption; requiring notice to certain entities; requiring the proposed plan to be made 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; prohibiting certain persons from challenging the market value of a property under certain circumstances; requiring written notice of a sale of such property to 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 such property to be sold in a different manner; specifying that the owner of certain property is not entitled to proceeds from the sale and is not 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 certain deed restrictions on certain property; providing requirements for such deed restrictions; 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 municipality or county, as applicable, by a certain date; providing requirements for such report; requiring copies of such report to 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 a specified percentage of certain taxes collected to be remitted to a land bank for a specified duration; requiring such funds to 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; allowing 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.; providing definitions; authorizing a tax credit for certain projects; providing the maximum value of such credit; authorizing 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; 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 such plan to 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 to submit an application with certain information to the corporation; authorizing the corporation to request additional information; providing requirements for the approval of an application for a project; 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.; providing definitions; 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.; revising the powers of the consumer advocate appointed by the Chief Financial Officer; 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 a specified administrative hearing and an expedited appellate review; creating s. 692.041, F.S.; providing definitions; 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; beginning on a date certain, 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; requiring certain business entities to complete and retain for inspection by the Department of Legal Affairs a specified notice; requiring all ownership interests held by certain business entities to be aggregated; authorizing the Attorney General to bring a civil action; providing remedies; 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

Committee Categories

Dotie Joseph (D)*, 

Now in Housing, Agriculture & Tourism Subcommittee (on 01/15/2026)

Official Document