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CS/CS/HB 437: Community Development

GENERAL BILL by Economic Affairs Committee ; Finance and Tax Subcommittee ; Davis ; Renuart ; (CO-INTRODUCERS) Eagle ; Fullwood ; Hutson ; Pritchett ; Raschein

Community Development; Revises definition of "qualifying housing development"; revises power of housing finance authority to make loans directly to eligible persons; deletes ad valorem tax exemption for property owned by certain Florida-based limited partnerships & used for affordable housing for certain income-qualified persons; provides for retroactive application; revises powers of Florida Housing Finance Corporation; specifies how corporation will allocate certain funds; revises provisions relating to state apartment incentive loans to provide for competitive evaluation & selection process with respect to loan applications; provides that corporation's strategic business plan must be consistent with long-range program plan relating to affordable housing; deletes requirement that corporation compile certain data; revises provisions relating to corporation's development of long-range plan; revises required contents & information to be included in corporation's annual report; requires corporation to submit separate audited financial statements that include specified information & incorporate certain reports; requires Auditor General to conduct operational audit of corporation & provide written report to Legislature; repeals provisions relating to federal Homeownership & Opportunity for People Everywhere (HOPE) program.

Effective Date: 7/1/2013
Last Action: 5/30/2013 - Chapter No. 2013-83, companion bill(s) passed, see SB 1830 (Ch. 2013-72)
Location: Became Law
Bill Text: PDF



Bill History

Date Chamber Action
1/22/2013 House • Filed
1/30/2013 House • Referred to Economic Development and Tourism Subcommittee; Finance and Tax Subcommittee; Economic Affairs Committee -HJ 53
2/12/2013 House • On Committee agenda-- Economic Development and Tourism Subcommittee, 02/19/13, 3:00 pm, 12 HOB
2/19/2013 House • Favorable by Economic Development and Tourism Subcommittee; YEAS 12 NAYS 0 -HJ 155
• Now in Finance and Tax Subcommittee -HJ 155
3/5/2013 House • Introduced -HJ 53
3/26/2013 House • On Committee agenda-- Finance and Tax Subcommittee, 03/28/13, 4:00 pm, Morris Hall
3/28/2013 House • CS by Finance and Tax Subcommittee; YEAS 16 NAYS 0 -HJ 406
4/2/2013 House • Pending review of CS under Rule 7.19(c)
• CS by Finance and Tax Subcommittee read 1st time -HJ 400
4/3/2013 House • Now in Economic Affairs Committee -HJ 413
4/5/2013 House • On Committee agenda-- Economic Affairs Committee, 04/09/13, 2:30 pm, Reed Hall
4/9/2013 House • CS/CS by- Economic Affairs Committee; YEAS 14 NAYS 0 -HJ 472
4/10/2013 House • Pending review of CS -under Rule 7.19(c)
• CS/CS by Economic Affairs Committee read 1st time -HJ 464
4/11/2013 House • Placed on Calendar -HJ 578
4/19/2013 House • Placed on Special Order Calendar, 04/23/13
4/23/2013 House • Read 2nd time -HJ 710
• Placed on 3rd reading
4/24/2013 House • Read 3rd time -HJ 808
• CS passed; YEAS 113 NAYS 0 -HJ 809
4/24/2013 Senate • In Messages
• Referred to Community Affairs; Appropriations Subcommittee on Finance and Tax; Appropriations -SJ 582
• Received -SJ 582
4/25/2013 Senate • Withdrawn from Community Affairs; Appropriations Subcommittee on Finance and Tax; Appropriations -SJ 617
• Placed on Calendar, on 2nd reading -SJ 617
• Substituted for CS/CS/SB 928 -SJ 617
• Read 2nd time -SJ 618
• Placed on 3rd reading
4/26/2013 Senate • Read 3rd time -SJ 697
• CS passed; YEAS 38 NAYS 0 -SJ 697
4/29/2013 House • Ordered enrolled -HJ 966
5/20/2013 • Signed by Officers and presented to Governor
5/30/2013 • Approved by Governor
• Chapter No. 2013-83, companion bill(s) passed, see SB 1830 (Ch. 2013-72)