Senate Bill sb1636

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    Florida Senate - 2003                                  SB 1636

    By Senator Campbell





    32-1029B-03

  1                      A bill to be entitled

  2         An act relating to property tax administration;

  3         creating s. 192.124, F.S.; requiring that a

  4         disclosure concerning ad valorem taxes be made

  5         to the purchaser of residential property;

  6         amending s. 193.023, F.S.; providing that the

  7         property appraiser, or his or her

  8         representative, has the right of entry and

  9         access for purposes of making assessments;

10         requiring reasonable notification and

11         presentation of credentials; amending s.

12         193.074, F.S.; providing for the

13         confidentiality of a tax return to be

14         maintained by the value adjustment board;

15         amending s. 194.034, F.S.; requiring notice by

16         the value adjustment board of the final date

17         for filing an action in the circuit court;

18         amending s. 194.192, F.S.; providing for

19         interest payments for overpayments of property

20         taxes; amending s. 195.027, F.S.; providing for

21         the confidentiality of taxpayer records to be

22         maintained by the value adjustment board;

23         amending s. 195.062, F.S.; authorizing the

24         Department of Revenue to amend the manual of

25         instructions for property appraisers; amending

26         s. 195.096, F.S.; authorizing the Department of

27         Revenue to select certain counties for an

28         estimated review of assessment rolls in lieu of

29         an in-depth study; providing that the

30         department's appraiser, or his or her

31         representative, has the right of entry and

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  1         access for purposes of making inspections;

  2         requiring reasonable notification and

  3         presentation of credentials; amending s.

  4         195.097, F.S.; revising the date for the

  5         department to issue certain notices to property

  6         appraisers; specifying circumstances under

  7         which the department may require that a

  8         property appraiser and the appraiser's staff

  9         undergo training as a condition of roll

10         approval; amending s. 196.101, F.S.; providing

11         for the confidentiality of a tax return to be

12         maintained by the value adjustment board;

13         amending s. 201.022, F.S.; requiring that

14         documentary stamp tax returns be filed with the

15         county property appraiser; authorizing the

16         department to require additional information;

17         requiring that documentary stamp tax returns be

18         filed through an electronic data interchange;

19         requiring the department to prescribe the

20         method, form, and content of the returns;

21         providing for waiver of the requirement under

22         certain circumstances; amending s. 475.422,

23         F.S.; requiring that a real estate broker or

24         salesperson make a disclosure concerning ad

25         valorem taxes to the purchaser of residential

26         property; providing an effective date.

27

28  Be It Enacted by the Legislature of the State of Florida:

29

30         Section 1.  Section 192.124, Florida Statutes, is

31  created to read:

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  1         192.124  Disclosure of ad valorem taxes upon sale of

  2  residential property.--Upon receiving an offer for the

  3  purchase of residential property, the seller must provide a

  4  written disclosure to the purchaser which notifies the

  5  purchaser that the ad valorem taxes on the property for the

  6  tax year subsequent to the purchase may be in excess of the ad

  7  valorem taxes assessed at the time of the sale and that ad

  8  valorem taxes are required to be assessed at just value on

  9  property in the year following a sale if a change in ownership

10  has occurred, as defined by law. At the time of or prior to

11  acceptance of an offer for the purchase of residential

12  property, the purchaser must sign the disclosure.

13         Section 2.  Subsection (2) of section 193.023, Florida

14  Statutes, is amended to read:

15         193.023  Duties of the property appraiser in making

16  assessments.--

17         (2)  In making his or her assessment of the value of

18  real property, the property appraiser is required to inspect

19  physically the property every 3 years to ensure that the tax

20  roll meets all the requirements of law. However, the property

21  appraiser shall physically inspect any parcel of taxable real

22  property upon the request of the taxpayer or owner. The

23  property appraiser, or his or her authorized representative,

24  shall have the right of entry and access onto the property to

25  make inspections required under this section. The taxpayer is

26  deemed to give implied consent to a view of the full curtilage

27  and of the exterior of any structure. If, upon reasonable

28  notification and presentation of proper credentials, a

29  taxpayer refuses entry or such view during the hours of 8 a.m.

30  to 8 p.m. to perform any duty imposed by law, the property

31  appraiser shall give written notice to the taxpayer that right

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  1  of entry and access onto the property to make inspections is

  2  required and that without such access the property appraiser

  3  may estimate the assessment from such information as is

  4  available. If the taxpayer petitions to challenge such

  5  estimate, the taxpayer may not proceed until access is

  6  permitted and, following such access, the property appraiser

  7  has recalculated the assessment. The property appraiser may

  8  serve the notice of inspection by certified mail, restricted

  9  delivery, return receipt requested. Alternatively, the

10  property appraiser may serve the notice by any means permitted

11  for service of process in a civil action. For purposes of this

12  section, an authorized employee of the property appraiser may

13  serve the notice and execute an affidavit of service. Service

14  by certified mail is completed when the certified mail is

15  received or refused by the addressee or by an authorized agent

16  as designated by the addressee in writing.

17         Section 3.  Section 193.074, Florida Statutes, is

18  amended to read:

19         193.074  Confidentiality of returns.--All returns of

20  property and returns required by s. 201.022 submitted by the

21  taxpayer pursuant to law shall be deemed to be confidential in

22  the hands of the property appraiser, the clerk of the circuit

23  court, the value adjustment board, the department, the tax

24  collector, the Auditor General, and the Office of Program

25  Policy Analysis and Government Accountability, and their

26  employees and persons acting under their supervision and

27  control, except upon court order or order of an administrative

28  body having quasi-judicial powers in ad valorem tax matters,

29  and such returns are exempt from the provisions of s.

30  119.07(1). If such information is used in a hearing by the

31  value adjustment board or by a taxpayer, its agent, or a

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  1  property appraiser, such information shall be maintained so

  2  that all taxpayer identifying information is confidential

  3  except upon court order.

  4         Section 4.  Subsection (2) of section 194.034, Florida

  5  Statutes, is amended to read:

  6         194.034  Hearing procedures; rules.--

  7         (2)  In each case, except when a complaint is withdrawn

  8  by the petitioner or is acknowledged as correct by the

  9  property appraiser, the value adjustment board shall render a

10  written decision. All such decisions shall be issued within 20

11  calendar days of the last day the board is in session under s.

12  194.032. The decision of the board shall contain findings of

13  fact and conclusions of law, and shall include reasons for

14  upholding or overturning the determination of the property

15  appraiser, and shall state the final date for filing an action

16  in the circuit court under s. 194.171(2). If the property

17  appraiser has not yet made the initial certification of the

18  roll under s. 193.122(2) on the date the board completes all

19  of its hearings and issues its Certificate of Value Adjustment

20  Board for the roll, which certificate indicates that all

21  hearings required by s. 194.032 have been held, the board

22  shall state that the final date for filing an action in the

23  circuit court is 60 days after the date of the initial

24  certification of the roll by the property appraiser under s.

25  193.122(2). When a special master has been appointed, the

26  recommendations of the special master shall be considered by

27  the board. The clerk, upon issuance of the decisions, shall,

28  on a form provided by the Department of Revenue, notify by

29  first-class mail each taxpayer, the property appraiser, and

30  the department of the decision of the board.

31

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  1         Section 5.  Subsection (3) is added to section 194.192,

  2  Florida Statutes, to read:

  3         194.192  Costs; interest on unpaid taxes; penalty.--

  4         (3)  If the court finds in an action under s. 194.171

  5  that the amount of tax owed by the taxpayer is less than the

  6  amount the taxpayer has paid, it shall enter judgment in favor

  7  of the taxpayer for interest on such surplus funds from the

  8  date of payment to the date the refund is paid, at the

  9  adjusted annual rate established effective January 1, pursuant

10  to s. 213.235(3)(a), except that the annual rate of interest

11  may not be greater than 11 percent per year, from the date the

12  tax was paid through the date of judgment.

13         Section 6.  Subsection (3) of section 195.027, Florida

14  Statutes, is amended to read:

15         195.027  Rules and regulations.--

16         (3)  The rules and regulations shall provide procedures

17  whereby the property appraiser, the Department of Revenue, and

18  the Auditor General shall be able to obtain access, where

19  necessary, to financial records relating to nonhomestead

20  property which records are required to make a determination of

21  the proper assessment as to the particular property in

22  question.  Access to a taxpayer's records shall be provided

23  only in those instances in which it is determined that such

24  records are necessary to determine either the classification

25  or the value of the taxable nonhomestead property.  Access

26  shall be provided only to those records which pertain to the

27  property physically located in the taxing county as of January

28  1 of each year and to the income from such property generated

29  in the taxing county for the year in which a proper assessment

30  is made.  All records produced by the taxpayer under this

31  subsection shall be deemed to be confidential in the hands of

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  1  the property appraiser, the department, the tax collector, the

  2  value adjustment board, and the Auditor General and shall not

  3  be divulged to any person, firm, or corporation, except upon

  4  court order or order of an administrative body having

  5  quasi-judicial powers in ad valorem tax matters, and such

  6  records are exempt from the provisions of s. 119.07(1). If

  7  such information is used in a hearing by the value adjustment

  8  board or by a taxpayer, its agent, or a property appraiser,

  9  such information shall be maintained so that all taxpayer

10  identifying information is confidential except upon court

11  order.

12         Section 7.  Subsection (1) of section 195.062, Florida

13  Statutes, is amended to read:

14         195.062  Manual of instructions.--

15         (1)  The department shall prepare and maintain a

16  current manual of instructions for property appraisers and

17  other officials connected with the administration of property

18  taxes. This manual shall contain all:

19         (a)  Rules and regulations.

20         (b)  Standard measures of value.

21         (c)  Forms and instructions relating to the use of

22  forms and maps.

23

24  Consistent with s. 195.032, the standard measures of value

25  shall be adopted in general conformity with the procedures set

26  forth in s. 120.54, but shall not have the force or effect of

27  such rules and shall be used only to assist tax officers in

28  the assessment of property as provided by s. 195.002.

29  Guidelines may be updated annually to incorporate new market

30  data, which may be in tabular form; technical changes; changes

31  indicated by established court decisions; and, where a summary

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  1  of justification is set forth in the notice, other changes

  2  that are relevant to appropriate assessment practices or

  3  standard measurements of value. Such new data may be

  4  incorporated into the guidelines on the approval of the

  5  executive director if after notice in substantial conformity

  6  with s. 120.54 there is no objection filed with the department

  7  within 45 days, and the procedures set forth in s. 120.54 do

  8  not apply.

  9         Section 8.  Subsection (2) of section 195.096, Florida

10  Statutes, is amended to read:

11         195.096  Review of assessment rolls.--

12         (2)  The department shall conduct, no less frequently

13  than once every 2 years, an in-depth review of the assessment

14  rolls of each county. The department need not individually

15  study every use-class of property set forth in s. 195.073, but

16  shall at a minimum study the level of assessment in relation

17  to just value of each classification specified in subsection

18  (3). Such in-depth review may include proceedings of the value

19  adjustment board and the audit or review of procedures used by

20  the counties to appraise property. However, the department may

21  select counties that have exceeded standards in recent past

22  studies and may use a projection as provided in paragraph

23  (3)(b) for 1 year to review those counties' assessment rolls,

24  if department resources indicate. These counties may be

25  selected for such audit or review procedures if the level of

26  assessment has been at or over the statewide average and no

27  postaudit notification of defects has been issued for the past

28  three in-depth studies.

29         (a)  The department shall, at least 30 days prior to

30  the beginning of an in-depth review in any county, notify the

31  property appraiser in the county of the pending review. At the

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  1  request of the property appraiser, the department shall

  2  consult with the property appraiser regarding the

  3  classifications and strata to be studied, in order that the

  4  review will be useful to the property appraiser in evaluating

  5  his or her procedures.

  6         (b)  Every property appraiser whose upcoming roll is

  7  subject to an in-depth review shall, if requested by the

  8  department on or before January 1, deliver upon completion of

  9  the assessment roll a list of the parcel numbers of all

10  parcels that did not appear on the assessment roll of the

11  previous year, indicating the parcel number of the parent

12  parcel from which each new parcel was created or "cut out."

13         (c)  In conducting assessment ratio studies, the

14  department must use a representative or statistically reliable

15  sample of properties in tests of each classification, stratum,

16  or roll made the subject of a ratio study published by it. The

17  department shall document and retain records of the measures

18  of representativeness of the properties studied in compliance

19  with this section. Such documentation must include a record of

20  findings used as the basis for the approval or disapproval of

21  the tax roll in each county pursuant to s. 193.1142. In

22  addition, to the greatest extent practicable, the department

23  shall study assessment roll strata by value groups or market

24  areas for each classification, subclassification, or stratum

25  to be studied, to assure the representativeness of ratio study

26  samples. For purposes of this section, the department shall

27  rely primarily on an assessment-to-sales-ratio study in

28  conducting assessment ratio studies in those classifications

29  of property specified in subsection (3) for which there are

30  adequate market sales.  The department shall compute the

31

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  1  median and the value-weighted mean for each classification or

  2  subclassification studied and for the roll as a whole.

  3         (d)  In the conduct of these reviews, the department

  4  shall adhere to all standards to which the property appraisers

  5  are required to adhere.

  6         (e)  The department and each property appraiser shall

  7  cooperate in the conduct of these reviews, and each shall make

  8  available to the other all matters and records bearing on the

  9  preparation and computation of the reviews. The property

10  appraisers shall provide any and all data requested by the

11  department in the conduct of the studies, including electronic

12  data processing tapes.  Any and all data and samples developed

13  or obtained by the department in the conduct of the studies

14  shall be confidential and exempt from the provisions of s.

15  119.07(1) until a presentation of the findings of the study is

16  made to the property appraiser.  After the presentation of the

17  findings, the department shall provide any and all data

18  requested by a property appraiser developed or obtained in the

19  conduct of the studies, including tapes.  Direct reimbursable

20  costs of providing the data shall be borne by the party who

21  requested it. Copies of existing data or records, whether

22  maintained or required pursuant to law or rule, or data or

23  records otherwise maintained, shall be submitted within 30

24  days from the date requested, in the case of written or

25  printed information, and within 14 days from the date

26  requested, in the case of computerized information.

27         (f)  The department's appraiser, or his or her

28  authorized representative, shall have the right of entry and

29  access onto the property to make inspections required under

30  this section. The taxpayer is deemed to give implied consent

31  to a view of the full curtilage and of the exterior of any

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  1  structure. If, upon reasonable notification and presentation

  2  of proper credentials, a taxpayer refuses entry or such view

  3  during the hours of 8 a.m. to 8 p.m. to perform any duty

  4  imposed by law, the department may in its discretion void the

  5  parcel as a sample in its studies, estimate the value using

  6  the best information available, or refer the parcel to the

  7  property appraiser who shall proceed as provided in this

  8  section.

  9         (g)(f)  Within 120 days following the receipt of a

10  county assessment roll by the executive director of the

11  department pursuant to s. 193.1142(1), or within 10 days after

12  approval of the assessment roll, whichever is later, the

13  department shall complete the review for that county and

14  forward its findings, including a statement of the confidence

15  interval for the median and such other measures as may be

16  appropriate for each classification or subclassification

17  studied and for the roll as a whole, employing a 95-percent

18  level of confidence, and related statistical and analytical

19  details to the Senate Finance, Taxation, and Claims Committee;

20  the House Finance and Taxation Committee; and the appropriate

21  property appraiser.

22         Section 9.  Subsections (1) and (2) of section 195.097,

23  Florida Statutes, are amended to read:

24         195.097  Postaudit notification of defects; supervision

25  by the department.--

26         (1)(a)  Upon evaluation of any reviews, studies, or

27  findings of the Department of Revenue, the executive director

28  of the department shall issue a notice to any property

29  appraiser who the executive director has determined has one or

30  more classes or other strata of property listed on the

31  assessment rolls in a manner inconsistent with the

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  1  requirements of law, or is otherwise not assessing in

  2  accordance with law. The executive director shall specify in

  3  his or her notice the classes or strata of property that have

  4  been improperly assessed on the prior year's roll, the nature

  5  of the defect or defects, and the requirements of the

  6  department to obtain approval of the current year's assessment

  7  roll. Such notice shall be provided to the property appraiser

  8  no later than October 30 November 15.

  9         (b)  Notwithstanding other provisions of this section,

10  the executive director is not required to notice as a defect a

11  class or stratum of property which, based upon the evaluation

12  of any review, study, or finding of the department, indicates

13  an assessment level of more than 100 percent of just value in

14  any class or stratum of property on the prior year's tax roll.

15         (c)  The department may, as aid and assistance, include

16  in the notice that counties falling below standards in such

17  studies are subject to audit or review of procedures used by

18  the counties to appraise property.

19         1.  Such notice shall require training for the property

20  appraiser and shall include his or her staff when the

21  procedural audit, or the nature of the defects specified,

22  indicates that failure to assess in accordance with law is

23  from disregard of the guidelines or other systemic problem

24  that could be cured by such training.

25         2.  Roll approval shall be conditioned on the property

26  appraiser and any staff passing training courses, including

27  those offered by the department on the real property

28  guidelines, with an acceptable score.

29         3.  Any additional salary pursuant to chapter 145 shall

30  be forfeited until the property appraiser is in full

31

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  1  compliance with any such notice requiring the property

  2  appraiser and any staff to receive and pass training courses.

  3         (2)  Within 15 days after receipt of a notice, but no

  4  later than November 15 December 1, the property appraiser

  5  shall either notify the executive director in writing of his

  6  or her intention to comply or request an immediate conference

  7  with the executive director for the purpose of attempting to

  8  resolve differences between the property appraiser and the

  9  executive director. Such conference shall be held no later

10  than November 30 December 15. At the conclusion of the

11  conference, but no later than December 15 January 1, the

12  executive director shall issue an administrative order, which

13  order shall incorporate the remedial steps, if any, to be

14  taken by the property appraiser to ensure that all property on

15  his or her rolls is assessed at just value. Such remedial

16  steps may include required training for the property

17  appraiser, including his or her staff, and audit or review of

18  procedures used by the appraiser to appraise property. An

19  administrative order shall also be issued in the case of a

20  property appraiser who has stated his or her intention to

21  comply.

22         Section 10.  Paragraph (c) of subsection (4) of section

23  196.101, Florida Statutes, is amended to read:

24         196.101  Exemption for totally and permanently disabled

25  persons.--

26         (4)

27         (c)  The department shall require by rule that the

28  taxpayer annually submit a sworn statement of gross income,

29  pursuant to paragraph (a).  The department shall require that

30  the filing of such statement be accompanied by copies of

31  federal income tax returns for the prior year, wage and

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  1  earnings statements (W-2 forms), and other documents it deems

  2  necessary, for each member of the household. The taxpayer's

  3  statement shall attest to the accuracy of such copies.  The

  4  department shall prescribe and furnish a form to be used for

  5  this purpose which form shall include spaces for a separate

  6  listing of United States Department of Veterans Affairs

  7  benefits and social security benefits. All records produced by

  8  the taxpayer under this paragraph are confidential in the

  9  hands of the property appraiser, the value adjustment board,

10  the department, the tax collector, the Auditor General, and

11  the Office of Program Policy Analysis and Government

12  Accountability and shall not be divulged to any person, firm,

13  or corporation except upon court order or order of an

14  administrative body having quasi-judicial powers in ad valorem

15  tax matters, and such records are exempt from the provisions

16  of s. 119.07(1). If divulged upon order of an administrative

17  body having quasi-judicial powers in ad valorem tax matters,

18  such records shall be confidential in the hands of such body.

19  If such records are offered into evidence to such

20  administrative body having quasi-judicial powers in ad valorem

21  tax matters, such records shall be confidential in the hands

22  of such body. If such information is used in a hearing of the

23  value adjustment board by a taxpayer, its agent, or a property

24  appraiser, such information shall be maintained so that all

25  taxpayer identifying information is confidential except upon

26  court order.

27         Section 11.  Section 201.022, Florida Statutes, is

28  amended to read:

29         201.022  Consideration for realty; filing of return

30  condition precedent to recordation; penalty; compensation of

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  1  property appraisers clerks; failure to file does not impair

  2  validity.--

  3         (1)  As a condition precedent to the recordation of any

  4  deed transferring an interest in real property, the grantor or

  5  the grantee or agent for grantee shall execute and file a

  6  return with the county property appraiser clerk of the circuit

  7  court. The return shall state the actual consideration paid

  8  for the interest in real property. The return shall state the

  9  parcel identification number maintained by the county property

10  appraiser in a manner prescribed by the department. If the

11  parcel is a split or cutout parcel, the return shall state the

12  parent parcel identification number if the parcel

13  identification number has not been assigned. The Department of

14  Revenue may require the return to list additional descriptive

15  characteristics of the property to ensure that all property is

16  assessed at just value. The return shall not be recorded or

17  otherwise become a public record and shall be confidential as

18  provided by s. 193.074, and shall be exempt from the

19  provisions of s. 119.07(1), except that the Department of

20  Environmental Protection or, through the Department of

21  Environmental Protection, its contract appraiser, shall have

22  access to the return to verify the consideration paid in any

23  transfer of an interest in real property, when such transfer

24  is considered as part of an appraisal for a proposed land

25  acquisition project conducted pursuant to any Department of

26  Environmental Protection land acquisition program. The

27  Department of Environmental Protection or its contract

28  appraiser shall not disclose the contents of the return to any

29  other public or private entity. The original return shall be

30  forwarded to the Department of Revenue, and a copy shall be

31  maintained by forwarded to the property appraiser.

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  1         (2)  If the return required by this section is not

  2  executed and filed, any person who is required by this section

  3  to execute and file a return with the county property

  4  appraiser clerk of the circuit court and who fails to do so

  5  shall be liable for a penalty of $25. The penalty imposed by

  6  this subsection shall be in addition to any other penalty

  7  imposed by the revenue laws of this state. The penalty may be

  8  compromised as provided in s. 213.21.

  9         (3)  If the return required by this section is not

10  executed and filed, the county property appraiser clerk of the

11  circuit court is required to execute and file the return with

12  the department.  The county property appraiser clerk shall be

13  compensated 1.0 percent of the tax paid on deeds as the cost

14  of processing the return required by this section in the form

15  of a deduction from the amount of the tax due and remitted by

16  the county property appraiser clerk, and the department shall

17  allow the deduction to the county property appraiser clerk

18  paying and remitting the tax in the manner provided by the

19  department.  However, no deduction or allowance shall be

20  granted when there is a manifest failure to maintain proper

21  records or make proper reports.  The compensation provided

22  herein shall be in addition to that provided in s. 201.11(2).

23         (4)  Failure of any grantee or the grantee's agent to

24  execute and file with the county property appraiser clerk of

25  the circuit court a return required in subsection (1) does not

26  impair the validity of any deed heretofore or hereafter

27  recorded transferring an interest in real property.

28         (5)(a)  Effective January 1, 2006, a person who is

29  required to file a return shall initiate that return through

30  an electronic data interchange. The department shall prescribe

31  the acceptable method of transfer; the method, form, and

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    Florida Senate - 2003                                  SB 1636
    32-1029B-03




  1  content of the electronic data interchange, giving due regard

  2  to developing uniform standards for formats as adopted by the

  3  American National Standards Institute; the circumstances under

  4  which an electronic data interchange will substitute for

  5  filing another form of return; and the means, if any, by which

  6  taxpayers will be provided with acknowledgements.

  7         (b)  The department may waive the requirement to make a

  8  return through an electronic data interchange at the request

  9  of the county property appraiser if he or she demonstrates

10  that the requirement creates a hardship for the taxpayer or

11  the property appraiser. This hardship may be due to problems

12  with computer capabilities, data system changes, operating

13  procedures, or data interchange systems of the county property

14  appraiser.

15         (c)  The department shall prescribe the format and

16  instructions for filing returns through electronic data

17  interchange to ensure a full collection from taxpayers and an

18  accounting for the taxes due. The failure of any taxpayer to

19  use such format does not relieve the taxpayer of the

20  obligation to pay the tax at the time and in the manner

21  required.

22         Section 12.  Present subsection (2) of section 475.422,

23  Florida Statutes, is redesignated as subsection (3), and a new

24  subsection (2) is added to that section to read:

25         475.422  Disclosure.--

26         (2)  Upon receiving an offer for the purchase of

27  residential property, a licensee must provide a written

28  disclosure to the purchaser which notifies the purchaser that

29  the ad valorem taxes on the property for the tax year

30  subsequent to the purchase may be in excess of the ad valorem

31  taxes assessed at the time of the sale and that ad valorem

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    Florida Senate - 2003                                  SB 1636
    32-1029B-03




  1  taxes are required to be assessed at just value on property in

  2  the year following a sale if a change in ownership has

  3  occurred, as defined by law. At the time of or prior to

  4  acceptance of an offer for the purchase of residential

  5  property, the licensee shall require the purchaser to sign the

  6  disclosure.

  7         Section 13.  This act shall take effect January 1,

  8  2004.

  9

10            *****************************************

11                          SENATE SUMMARY

12    Requires that the seller and the real estate broker or
      salesperson make certain written disclosures concerning
13    ad valorem taxes to the purchaser of residential
      property. Provides that a property appraiser of the
14    county or the department has the right of entry and
      access for purposes of making assessments and
15    inspections. Requires that the value adjustment board
      maintain the confidentiality of tax returns. Provides for
16    payment of interest on overpayments of property taxes.
      Provides for the Department of Revenue to conduct an
17    estimated review of assessment rolls under certain
      circumstances. Requires that documentary stamp tax
18    returns be filed with the county property appraiser
      rather than with the clerk of the court. Provides for
19    filing returns through an electronic data interchange.
      (See bill for details.)
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