HB 0547 2003
1	CHAMBER ACTION
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6	The Committee on Business Regulation recommends the following:
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8	Committee Substitute
9	Remove the entire bill and insert:
10	A bill to be entitled
11	An act relating to real property reform; requiring the
12	Office of Program Policy Analysis and Government
13	Accountability to review and evaluate changes to the laws
14	affecting land sales, exemptions, and mandatory
15	homeowners' associations and disclosure laws related to
16	adult and residential subdivisions; requiring the office
17	to consult with the Department of Business and
18	Professional Regulation, homeowners and homeowners'
19	associations, and developers and to hold hearings;
20	requiring a report; providing an effective date.
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22	Be It Enacted by the Legislature of the State of Florida:
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24	Section 1. (1) The Office of Program Policy Analysis and
25	Government Accountability shall review and recommend appropriate
26	changes to the laws of this state affecting land sales,
27	exemptions, and mandatory homeowners’ and disclosure laws
28	related to adult and residential subdivisions. In conducting the
29	review, the office shall consider input from a variety of
30	sources, including, but not limited to, the Department of
31	Business and Professional Regulation, homeowners and homeowners'
32	associations, and developers. The office shall hold public
33	meetings in South Florida, Central Florida, and Jacksonville to
34	obtain input.
35	(2) The review shall evaluate the need for any changes and
36	additions to those laws which may be appropriate to protect the
37	interests of consumers and property owners on matters,
38	including, but not limited to, control of the homeowners'
39	association's operations, management and maintenance, disclosure
40	of financial reports by developers or owners, disclosure of all
41	governing documents governing real property, penalties for
42	noncompliance, oversight and funding for such protection of
43	interests, alternative dispute resolution, and assistance in the
44	formulation of rules to implement enforcement.
45	(3) By February 1, 2004, the office shall submit a report
46	of its findings and recommendations to the Governor, the
47	President of the Senate, and the Speaker of the House of
48	Representatives.
49	Section 2. This act shall take effect upon becoming a law.