Florida Senate - 2019 COMMITTEE AMENDMENT Bill No. SB 568 Ì865756QÎ865756 LEGISLATIVE ACTION Senate . House . . . . . ————————————————————————————————————————————————————————————————— ————————————————————————————————————————————————————————————————— The Committee on Community Affairs (Diaz) recommended the following: 1 Senate Amendment (with title amendment) 2 3 Delete everything after the enacting clause 4 and insert: 5 Section 1. Section 193.019, Florida Statutes, is created to 6 read: 7 193.019 Assessment of property with restrictive covenants.— 8 (1)(a) A county or municipality may enter into an agreement 9 with a property owner which authorizes the county or 10 municipality to record with the clerk of court a restrictive 11 covenant running with the land for a term of at least 20 years 12 and stating that the property will be used to provide affordable 13 housing to extremely-low-income, very-low-income, low-income, or 14 moderate-income persons as defined in s. 420.0004 or provide 15 workforce housing as defined in s. 420.5095(3). The covenant may 16 contain resale restrictions. 17 (b) A property owner and the county or municipality may 18 agree to amend, supplement, or attach an addendum to the 19 recorded covenant, so long as the amendment, supplement, or 20 addendum does not significantly alter the intent of the original 21 covenant. 22 (2) Each restrictive covenant entered into pursuant to this 23 section must be recorded in the public records of the county 24 where the property is located. Each county or municipality that 25 enters into an agreement with a property owner shall provide the 26 property appraiser with a list of all agreements entered into 27 for the calendar year no later than December 1 of the year 28 before the year in which the revised assessment will take 29 effect. 30 (3) In addition to considering the factors listed in s. 31 193.011 in arriving at just value, the property appraiser shall 32 consider each property with a restrictive covenant entered into 33 pursuant to this section in accordance with the terms of the 34 covenant, including any recorded amendment, supplement, or 35 addendum to, or resale restriction in, the covenant. 36 (4) Each covenant entered into pursuant to this section, 37 including any amendment, supplement, or addendum to the 38 covenant, or resale restriction therein, which is recorded in 39 the official public records of the county in which the land is 40 located is deemed a land use regulation during the term of the 41 covenant. 42 Section 2. Subsection (4) of section 196.183, Florida 43 Statutes, is amended to read: 44 196.183 Exemption for tangible personal property.— 45 (4) Owners of property
previouslyassessed by the property 46 appraiser without a return being filed may, at the option of the 47 property appraiser, qualify for the exemption under this section 48 without filing an initial return. 49 Section 3. This act shall take effect July 1, 2019. 50 51 ================= T I T L E A M E N D M E N T ================ 52 And the title is amended as follows: 53 Delete everything before the enacting clause 54 and insert: 55 A bill to be entitled 56 An act relating to the assessment of property; 57 creating s. 193.019, F.S.; authorizing counties and 58 municipalities to enter into agreements with property 59 owners to record certain restrictive covenants running 60 with the land; authorizing property owners and the 61 county or municipality to amend the covenant under 62 certain circumstances; providing requirements for 63 counties and municipalities in recording covenants and 64 in providing property appraisers with a list of 65 agreements; requiring property appraisers to consider 66 the terms of covenants in arriving at just value; 67 providing construction; amending s. 196.183, F.S.; 68 revising a condition under which a property owner may 69 qualify for the tangible personal property exemption 70 without filing an initial return; providing an 71 effective date.