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House Bill 0237

Florida House of Representatives - 1997 HB 237 By Representative Wasserman Schultz 1 A bill to be entitled 2 An act relating to excise tax on documents; 3 creating s. 201.032, F.S.; authorizing certain 4 district school boards to levy an additional 5 surtax on deeds and other instruments relating 6 to real property and interests therein; 7 providing for use of the proceeds; authorizing 8 pledge of the proceeds for bonds; providing 9 that a school board may elect to receive surtax 10 proceeds or certain impact fee proceeds; 11 providing that certain impact fee programs are 12 not repealed by this act; specifying effect on 13 conflicting ordinances and laws; requiring a 14 report; providing an effective date. 15 16 Be It Enacted by the Legislature of the State of Florida: 17 18 Section 1. Section 201.032, Florida Statutes, is 19 created to read: 20 201.032 Levy of optional surtax on deeds by school 21 board; use of proceeds; effect on impact fees.-- 22 (1) Each district school board levying a minimum of 2 23 mills on the nonexempt assessed valuation for school purposes 24 of the district under the provisions of: 25 (a) Section 236.25(2); 26 (b) The millage voted for local capital improvement 27 pursuant to s. 9(b) or s. 12, Art. VII of the State 28 Constitution; or 29 (c) A combination of both paragraphs (a) and (b) 30 31 1 CODING: Words stricken are deletions; words underlined are additions. Florida House of Representatives - 1997 HB 237 524-111D-97 1 may levy an optional additional surtax on those documents 2 taxed under s. 201.02 at a rate not exceeding 30 cents for 3 each $100 or fractional part thereof of the consideration 4 therefor. The surtax shall be paid by the buyer of the real 5 estate or interest therein. The surtax shall be levied by 6 resolution proposed at a regular meeting of the school board 7 and approved by a majority of the total membership of the 8 board. The school board shall hold a public hearing at least 9 2 weeks prior to formal adoption of the resolution. 10 (2) The proceeds of the surtax shall be used to fund 11 new construction and remodeling projects of public educational 12 facilities identified pursuant to s. 235.435(3)(b) which are 13 necessary to implement adopted local government comprehensive 14 plans and plans of the school board so that public educational 15 facilities will be available to meet the needs of the 16 school-age population concurrent with the impacts of 17 development. 18 (3) Section 201.15 does not apply to this surtax. The 19 clerk of the circuit court shall collect all proceeds of the 20 tax levied under this section and shall not remit any of said 21 proceeds to the Department of Revenue. After retaining for 22 his or her office the collection allowance authorized by s. 23 201.11, the clerk of the circuit court shall distribute all 24 taxes collected under this section to the school board. The 25 revenues shall be deposited in a separate fund created for 26 this purpose, from which expenditures may be made in 27 accordance with this section. A school board receiving the 28 proceeds of the surtax authorized by this section shall not 29 apply such proceeds, or any other funds designated as capital 30 outlay funds, for operating costs. A portion of the tax 31 2 CODING: Words stricken are deletions; words underlined are additions. Florida House of Representatives - 1997 HB 237 524-111D-97 1 revenues may be used to pay the costs of collection and 2 enforcement of the surtax. 3 (4) Any school board receiving proceeds of the surtax 4 may pledge the proceeds of the surtax for the payment of the 5 principal and interest on bonds issued or to be issued to 6 implement the programs authorized by this section. If such 7 proceeds are pledged to secure principal and interest due on 8 such bonds, such pledge shall constitute a valid and legally 9 binding contract between the school board, the governing 10 authority of the county, and the bondholders, and the school 11 board shall be obligated to continue the levy of the surtax as 12 long as any bonds are outstanding. 13 (5) A school board may elect to receive proceeds from 14 either the surtax authorized by this section, or from an 15 impact fee or other form of exaction for the construction or 16 remodeling of public educational facilities imposed as a 17 condition to, or in conjunction with, the issuance of any 18 development permit as defined by s. 163.3164(8); however, this 19 section shall not have the effect of repealing an impact fee 20 program as of July 1, 1997, that is based upon the uniform 21 countywide level of service and educational facility plan of 22 the school board. Any ordinance in conflict with this 23 subsection is expressly declared to be inconsistent with 24 general law and superseded, and any conflicting special or 25 general law authorization is superseded to the extent of such 26 conflict. 27 (6) Each school board levying a surtax pursuant to 28 this section shall submit, within 90 days after the close of 29 its fiscal year, a financial report to the Department of 30 Banking and Finance containing information showing the 31 3 CODING: Words stricken are deletions; words underlined are additions. Florida House of Representatives - 1997 HB 237 524-111D-97 1 revenues and the expenses of the fund established pursuant to 2 subsection (3). 3 Section 2. This act shall take effect July 1, 1997. 4 5 ***************************************** 6 HOUSE SUMMARY 7 Authorizes school boards levying capital outlay or voted capital improvement millage of at least 2 mills to levy 8 an additional documentary stamp surtax on instruments relating to real property. Provides for use of the 9 proceeds for public educational facilities needed to implement local comprehensive plans. Authorizes issuance 10 of bonds. Provides that a school board may elect to receive surtax proceeds or certain impact fee proceeds. 11 Specifies that the act supersedes conflicting ordinances and laws. Requires an annual report. 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 4