Florida Senate - 2007 SENATOR AMENDMENT
Bill No. CS for SB 1020
Barcode 551566
CHAMBER ACTION
Senate House
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3 Floor: 1/AD/2R .
04/19/2007 09:14 AM .
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11 Senator Haridopolos moved the following amendment:
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13 Senate Amendment (with directory and title amendments)
14 On page 2, line 16, through
15 page 3, line 10, delete those lines
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17 and insert:
18 (i) "Dedicated increment value" means the increase in
19 assessed value within a defined geographic area used to
20 determine a tax increment amount to be paid to a redevelopment
21 trust fund pursuant to s. 163.387(2)(a) or to be paid or
22 applied pursuant to an ordinance, resolution, or agreement to
23 fund a project or to finance essential infrastructure. Upon
24 creating any obligation for payment to a redevelopment trust
25 fund or otherwise pursuant to an ordinance, resolution, or
26 agreement to fund a project or to finance essential
27 infrastructure based on an increase in assessed value, the
28 taxing authority shall certify to the property appraiser the
29 boundaries of the designated geographic area, the date of the
30 most recent assessment roll used in connection with the
31 taxation of such property prior to creation of the obligation,
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Florida Senate - 2007 SENATOR AMENDMENT
Bill No. CS for SB 1020
Barcode 551566
1 the percentage of the increase in assessed value subject to
2 the obligation, the term of the obligation, and all other
3 information necessary to compute the dedicated increment
4 value. Information provided to the property appraiser after
5 May 1 of any year may not be used for the current year's
6 certification.
7 Section 2. Section 200.065, Florida Statutes, is
8 amended to read:
9 200.065 Method of fixing millage.--
10 (1) Upon completion of the assessment of all property
11 pursuant to s. 193.023, the property appraiser shall certify
12 to each taxing authority the taxable value within the
13 jurisdiction of the taxing authority. This certification shall
14 include a copy of the statement required to be submitted under
15 s. 195.073(3), as applicable to that taxing authority. The
16 form on which the certification is made shall include
17 instructions to each taxing authority describing the proper
18 method of computing a millage rate which, exclusive of new
19 construction, additions to structures, deletions, increases in
20 the value of improvements that have undergone a substantial
21 rehabilitation which increased the assessed value of such
22 improvements by at least 100 percent, and property added due
23 to geographic boundary changes, and any dedicated increment
24 value, will provide the same ad valorem tax revenue for each
25 taxing authority as was levied during the prior year, less the
26 amount, if any, paid or applied as a consequence of an
27 obligation payment measured by a dedicated increment value.
28 That millage rate shall be known as the "rolled-back rate."
29 The property appraiser shall also include instructions, as
30 prescribed by the Department of Revenue, to each county and
31 municipality, and to each special district dependent on a
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Florida Senate - 2007 SENATOR AMENDMENT
Bill No. CS for SB 1020
Barcode 551566
1 county or municipality, describing the proper method of
2 computing the millage rates specified in subsection (5). The
3 Department of Revenue shall prescribe the instructions and
4 forms that are necessary to administer this section. The
5 information provided pursuant to this subsection shall also be
6 sent to the tax collector by the property appraiser at the
7 time it is sent to each taxing authority.
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10 ==== D I R E C T O R Y C L A U S E A M E N D M E N T ====
11 And the directory clause is amended as follows:
12 On page 2, line 6, delete that line
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14 and insert:
15 Section 1. Paragraphs (h) and (i) are added to
16 subsection (8) of
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19 ================ T I T L E A M E N D M E N T ===============
20 And the title is amended as follows:
21 On page 1, lines 3-5, delete those lines
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23 and insert:
24 amending s. 200.001, F.S.; defining the terms
25 "per capita Florida personal income" and
26 "dedicated increment value"; amending s.
27 200.065, F.S.; providing that the rolled-back
28 millage rate excludes the amount paid or
29 applied as a consequence of an obligation
30 payment measured by a dedicated increment
31 value; requiring that the property
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