Bill

Bill > H5501


FL H5501

FL H5501
Documentary Stamp Tax Distributions


summary

Introduced
05/05/2026
In Committee
05/12/2026
Crossed Over
05/12/2026
Passed
Dead
05/01/2026

Introduced Session

Potential new amendment
2026 Fifth Special Session

Bill Summary

An act relating to documentary stamp tax distributions; amending s. 201.15, F.S.; revising distribution of documentary stamp tax proceeds; amending s. 343.58, F.S.; prohibiting the transfer of specified funds to the South Florida Regional Transportation Authority; providing an effective date.

AI Summary

This bill modifies how taxes collected from documentary stamps, which are taxes on certain legal documents like deeds and mortgages, are distributed and impacts funding for transportation initiatives. Specifically, it adjusts the percentage of these tax proceeds allocated to the State Transportation Trust Fund, increasing the amount available for the Florida Rail Enterprise, a state entity focused on rail development, while slightly reducing allocations to the Small County Outreach Program, the Strategic Intermodal System, and the Transportation Regional Incentive Program. Additionally, the bill prohibits the South Florida Regional Transportation Authority, a public agency responsible for public transportation in South Florida, from receiving funds that are specifically dedicated to the Florida Rail Enterprise, thereby redirecting certain transportation tax revenues. These changes are set to take effect on July 1, 2026.

Sponsors (1)

Last Action

Conference Committee appointed: Appropriations Conference Committee/Budget: Senator Hooper, Chair; Senators Berman, Boyd, Brodeur, Gruters, Passidomo, and Rouson, At Large; Appropriations Conference Committee on Agriculture, Environment, and General Government/Agriculture & Natural Resources: Senator Brodeur, Chair; Senators Arrington, Berman, DiCeglie, Grall, Massullo, McClain, Nathan, Pizzo, Rodriguez, Sharief, and Truenow; Appropriations Conference Committee on Agriculture, Environment, and General Government/State Administration: Senator Brodeur, Chair; Senators Arrington, Berman, DiCeglie, Grall, Massullo, McClain, Nathan, Pizzo, Rodriguez, Sharief, and Truenow; Appropriations Conference Committee on Criminal and Civil Justice/Justice: Senator Garcia, Chair; Senators Martin, Osgood, Polsky, Simon, Smith, Wright, and Yarborough; Appropriations Conference Committee on Health and Human Services/Health Care: Senator Trumbull, Chair; Senators Brodeur, Burton, Davis, Garcia, Harrell, Rodriguez, Rouson, and Sharief; Appropriations Conference Committee on Higher Education/Higher Education: Senator Harrell, Chair; Senators Bracy Davis, Bradley, Burgess, Calatayud, Davis, and Leek; Appropriations Conference Committee on Pre-K – 12 Education/Pre-K – 12: Senator Burgess, Chair; Senators Bradley, Calatayud, Gaetz, Jones, Massullo, Nathan, Osgood, Pizzo, Simon, and Yarborough; Appropriations Conference Committee on Transportation, Tourism, and Economic Development/Transportation & Economic Development: Senator DiCeglie, Chair; Senators Arrington, Avila, Bernard, Bracy Davis, Grall, Leek, Martin, Mayfield, McClain, Polsky, Smith, Truenow, and Wright. (on 05/12/2026)

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