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FL H0007

Local Government Fiscal Transparency


summary

Introduced
08/23/2017
In Committee
01/30/2018
Crossed Over
01/24/2018
Passed
Dead
03/10/2018

Introduced Session

2018 Regular Session

Bill Summary

Revises Legislative Auditing Committee duties; specifies purpose of local government fiscal transparency requirements; requires local governments to post certain voting record information on websites; requires property appraisers & local governments to post certain property tax information & history on websites; requires public notices for public hearings & meetings prior to certain increases of local government tax levies; specifies noticing & advertising requirements; requires local governments to conduct debt affordability analyses under specified conditions; provides method for local governments that do not operate website to post certain required information.

AI Summary

This bill establishes the "Local Government Fiscal Transparency Act" to promote the fiscal transparency of local governments when using public funds. Key provisions include: - Requiring local governments to post voting records on their websites for actions related to tax increases or new tax-supported debt issuance. - Requiring county property appraisers and local governments to post property tax information and histories on their websites. - Requiring expanded public notices and hearings for local governments proposing tax increases or new tax-supported debt. - Requiring local governments to conduct debt affordability analyses before approving new tax-supported debt. - Requiring local governments to provide evidence of corrective action to the Auditor General if they are not in compliance with the new transparency requirements. The bill also makes changes to the reporting requirements for local governments on economic development incentives provided to businesses.

Committee Categories

Budget and Finance, Health and Social Services

Sponsors (3)

Last Action

Died in Community Affairs (on 03/10/2018)

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