SENATE AMENDMENT
    Bill No. CS for SB 1642
    Amendment No. ___   Barcode 290644
                            CHAMBER ACTION
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11  Senator Saunders moved the following amendment:
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13         Senate Amendment (with title amendment) 
14         On page 1, between lines 24 & 25,
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16  insert:  
17         Section 2.  Section 196.1975, Florida Statutes, is
18  amended to read:
19         196.1975  Exemption for property used by nonprofit
20  homes for the aged.--Nonprofit homes for the aged are exempt
21  to the extent that they meet the following criteria:
22         (1)  The applicant must be a corporation not for profit
23  pursuant to chapter 617 or a Florida limited partnership, the
24  sole general partner of which is a corporation not for profit
25  pursuant to chapter 617, and the corporation not for profit
26  must have been exempt as of January 1 of the year for which
27  exemption from ad valorem property taxes is requested from
28  federal income taxation by having qualified as an exempt
29  charitable organization under the provisions of s. 501(c)(3)
30  of the Internal Revenue Code of 1954 or of the corresponding
31  section of a subsequently enacted federal revenue act.
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SENATE AMENDMENT Bill No. CS for SB 1642 Amendment No. ___ Barcode 290644 1 (2) A facility will not qualify as a "home for the 2 aged" unless at least 75 percent of the occupants are over the 3 age of 62 years or totally and permanently disabled. For 4 homes for the aged which are exempt from paying income taxes 5 to the United States as specified in subsection (1), licensing 6 by the Agency for Health Care Administration is required for 7 ad valorem tax exemption hereunder only if the home: 8 (a) Furnishes medical facilities or nursing services 9 to its residents, or 10 (b) Qualifies as an assisted living facility under 11 part III of chapter 400. 12 (3) Those portions of the home for the aged which are 13 devoted exclusively to the conduct of religious services or 14 the rendering of nursing or medical services are exempt from 15 ad valorem taxation. 16 (4)(a) After removing the assessed value exempted in 17 subsection (3), units or apartments in homes for the aged 18 shall be exempt only to the extent that residency in the 19 existing unit or apartment of the applicant home is reserved 20 for or restricted to or the unit or apartment is occupied by 21 persons who have resided in the applicant home and in good 22 faith made this state their permanent residence as of January 23 1 of the year in which exemption is claimed and who also meet 24 the requirements set forth in one of the following 25 subparagraphs: 26 1. Persons who have gross incomes of not more than 27 $7,200 per year and who are 62 years of age or older. 28 2. Couples, one of whom must be 62 years of age or 29 older, having a combined gross income of not more than $8,000 30 per year, or the surviving spouse thereof, who lived with the 31 deceased at the time of the deceased's death in a home for the 2 2:59 PM 04/25/01 s1642c1c-25ra1
SENATE AMENDMENT Bill No. CS for SB 1642 Amendment No. ___ Barcode 290644 1 aged. 2 3. Persons who are totally and permanently disabled 3 and who have gross incomes of not more than $7,200 per year. 4 4. Couples, one or both of whom are totally and 5 permanently disabled, having a combined gross income of not 6 more than $8,000 per year, or the surviving spouse thereof, 7 who lived with the deceased at the time of the deceased's 8 death in a home for the aged. 9 10 However, the income limitations do not apply to totally and 11 permanently disabled veterans, provided they meet the 12 requirements of s. 196.081. 13 (b) The maximum income limitations permitted in this 14 subsection shall be adjusted, effective January 1, 1977, and 15 on each succeeding year, by the percentage change in the 16 average cost-of-living index in the period January 1 through 17 December 31 of the immediate prior year compared with the same 18 period for the year prior to that. The index is the average 19 of the monthly consumer price index figures for the stated 20 12-month period, relative to the United States as a whole, 21 issued by the United States Department of Labor. 22 (5) Nonprofit housing projects that which are financed 23 by a mortgage loan made or insured by the United States 24 Department of Housing and Urban Development under s. 202, s. 25 202 with a s. 8 subsidy, s. 221(d)(3) or (4), or s. 236 of the 26 National Housing Act, as amended, and that which are subject 27 to the income limitations established by that department are 28 shall be exempt from ad valorem taxation. 29 (6) For the purposes of this section, gross income 30 includes social security benefits payable to the person or 31 couple or assigned to an organization designated specifically 3 2:59 PM 04/25/01 s1642c1c-25ra1
SENATE AMENDMENT Bill No. CS for SB 1642 Amendment No. ___ Barcode 290644 1 for the support or benefit of that person or couple. 2 (7) It is hereby declared to be the intent of the 3 Legislature that subsection (3) implements the ad valorem tax 4 exemption authorized in the third sentence of s. 3(a), Art. 5 VII, State Constitution, and the remaining subsections 6 implement s. 6(e), Art. VII, State Constitution, for purposes 7 of granting such exemption to homes for the aged. 8 (8) Physical occupancy on January 1 is not required in 9 those instances in which a home restricts occupancy to persons 10 meeting the income requirements specified in this section. 11 Those portions of a such property failing to meet those 12 requirements shall qualify for an alternative exemption as 13 provided in subsection (9). In a home in which at least 25 14 percent of the units or apartments of the home are restricted 15 to or occupied by persons meeting the income requirements 16 specified in this section, the common areas of that home are 17 exempt from taxation. 18 (9)(a) Each unit or apartment of a home for the aged 19 not exempted in subsection (3) or subsection (4), which is 20 operated by a not for profit corporation and is owned by such 21 corporation or leased by such corporation from a health 22 facilities authority pursuant to part III of chapter 154 or an 23 industrial development authority pursuant to part III of 24 chapter 159, and which property is used by such home for the 25 aged for the purposes for which it was organized, is exempt 26 from all ad valorem taxation, except for assessments for 27 special benefits, to the extent of $25,000 of assessed 28 valuation of such property for each apartment or unit: 29 1. Which is used by such home for the aged for the 30 purposes for which it was organized; and 31 2. Which is occupied, on January 1 of the year in 4 2:59 PM 04/25/01 s1642c1c-25ra1
SENATE AMENDMENT Bill No. CS for SB 1642 Amendment No. ___ Barcode 290644 1 which exemption from ad valorem property taxation is 2 requested, by a person who resides therein and in good faith 3 makes the same his or her permanent home. 4 (b) Each corporation home applying for an exemption 5 under paragraph (a) of this subsection or paragraph (4)(a) 6 must file with the annual application for exemption an 7 affidavit from each person who occupies a unit or apartment 8 for which an exemption under either of those paragraphs that 9 paragraph is claimed stating that the person resides therein 10 and in good faith makes that unit or apartment his or her 11 permanent residence. 12 (10) Homes for the aged, or life care communities, 13 however designated, which are financed through the sale of 14 health facilities authority bonds or bonds of any other public 15 entity, whether on a sale-leaseback basis, a sale-repurchase 16 basis, or other financing arrangement, or which are financed 17 without public-entity bonds, are exempt from ad valorem 18 taxation only in accordance with the provisions of this 19 section. 20 (11) Any portion of such property used for nonexempt 21 purposes may be valued and placed upon the tax rolls 22 separately from any portion entitled to exemption pursuant to 23 this chapter. 24 (12) When it becomes necessary for the property 25 appraiser to determine the value of a unit, he or she shall 26 include in such valuation the proportionate share of the 27 common areas, including the land, fairly attributable to such 28 unit, based upon the value of such unit in relation to all 29 other units in the home, unless the common areas are otherwise 30 exempted by subsection (8). 31 (13) Sections 196.195 and 196.196 do not apply to this 5 2:59 PM 04/25/01 s1642c1c-25ra1
SENATE AMENDMENT Bill No. CS for SB 1642 Amendment No. ___ Barcode 290644 1 section. 2 3 (Redesignate subsequent sections.) 4 5 6 ================ T I T L E A M E N D M E N T =============== 7 And the title is amended as follows: 8 On page 1, line 8, after the second semicolon 9 10 insert: 11 amending s. 196.1975, F.S., relating to 12 exemptions for nonprofit homes for the aged; 13 specifying that the exemption applicable to 14 such homes the residents of which meet certain 15 income limitations applies to individual units 16 or apartments of such homes; providing for 17 application of a residency affidavit 18 requirement to applicants for such an 19 exemption; clarifying provisions relating to 20 qualification for the alternative exemption 21 provided by that section for those portions of 22 a home in which the residents do not meet the 23 income limitations; providing that s. 196.195, 24 F.S., relating to requirements and criteria for 25 determining the profit or nonprofit status of 26 an applicant for exemption, and s. 196.196, 27 F.S., relating to criteria for determining 28 whether property is entitled to a charitable, 29 religious, scientific, or literary exemption, 30 do not apply to that section; 31 6 2:59 PM 04/25/01 s1642c1c-25ra1