Bill

Bill > H0017


FL H0017

FL H0017
Community Redevelopment Agencies


summary

Introduced
09/18/2017
In Committee
01/30/2018
Crossed Over
01/24/2018
Passed
Dead
03/10/2018

Introduced Session

2018 Regular Session

Bill Summary

Provides reporting requirements; revises requirements for operating community redevelopment agencies; prohibits creation of community redevelopment agencies after date certain; provides phase-out period; creates criteria for determining whether community redevelopment agency is inactive; provides hearing procedures; authorizes certain financial activity from inactive community redevelopment agencies; revises requirements for use of redevelopment trust fund proceeds; revises county & municipal government reporting requirements; revises criteria for finding that county or municipality failed to file report; requires DFS to provide report to DEO concerning community redevelopment agencies with no revenues, no expenditures, & no debts.

AI Summary

This bill makes several changes to the laws governing community redevelopment agencies (CRAs) in Florida. The key provisions are: 1. Requires CRA commissioners to complete 4 hours of ethics training each calendar year. 2. Revises the requirements for creating, operating, and reporting on CRAs, including new reporting requirements and restrictions on the use of CRA trust fund proceeds. 3. Prohibits the creation of new CRAs after October 1, 2018, unless approved by a special act of the Legislature, and provides a process for terminating existing CRAs by 2038 unless the local governing body approves their continued existence. 4. Establishes a process for declaring CRAs that report no revenues, expenditures, or debt as "inactive" and restricts their activities. 5. Requires the Department of Financial Services to report to the Department of Economic Opportunity on CRAs with no revenues, expenditures, or debt. The bill aims to increase transparency and oversight of CRAs, which are special districts created by local governments to facilitate community redevelopment efforts.

Committee Categories

Government Affairs, Health and Social Services

Sponsors (2)

Other Sponsors (1)

Government Accountability Committee (H)

Last Action

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

bill text


bill summary

Loading...

bill summary

Loading...
Loading...