Florida Senate - 2007                      COMMITTEE AMENDMENT
    Bill No. SB 158
                        Barcode 460312
                            CHAMBER ACTION
              Senate                               House
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 1           Comm: 4/FAV           .                    
       04/19/2007 05:47 PM         .                    
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11  The Committee on Finance and Tax (Geller) recommended the
12  following amendment:
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14         Senate Amendment (with directory and title amendments) 
15         On page 1, line 28, delete that line
16  
17  and insert:  
18         Section 2.  Section 193.1551, Florida Statutes, is
19  amended to read:
20         193.1551  Assessment of certain homestead property
21  damaged in 2004 named storms.--Notwithstanding the provisions
22  of s. 193.155(4), the assessment at just value for changes,
23  additions, or improvements to homestead property rendered
24  uninhabitable in one or more of the named storms of 2004 shall
25  be limited to the square footage exceeding 110 percent of the
26  homestead property's total square footage. Additionally, homes
27  having square footage of 1,350 square feet or less which were
28  rendered uninhabitable may rebuild up to 1,500 total square
29  feet and the increase in square footage shall not be
30  considered as a change, an addition, or an improvement that is
31  subject to assessment at just value. The provisions of this
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    12:06 PM   04/18/07                            s0158c-ft31-k0a


    Florida Senate - 2007                      COMMITTEE AMENDMENT
    Bill No. SB 158
                        Barcode 460312
 1  section are limited to homestead properties in which repairs
 2  are commenced completed by January 1, 2008, and apply
 3  retroactively to January 1, 2005.
 4         Section 3.  Except as otherwise expressly provided in
 5  this act, this act shall take effect upon becoming a law.
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 8  ==== D I R E C T O R Y   C L A U S E   A M E N D M E N T ====
 9  And the directory clause is amended as follows:
10         On page 1, line 11, delete that line
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12  and insert:  Effective January 1, 2008, paragraph (a) of
13  subsection (4) of section
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16  ================ T I T L E   A M E N D M E N T ===============
17  And the title is amended as follows:
18         On page 1, line 7, delete that line
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20  and insert:
21         amending s. 193.1551, F.S.; providing for
22         provisions governing the assessment of
23         homestead property damaged in certain named
24         storms to apply to properties in which repairs
25         are commenced by January 1, 2008; providing
26         effective dates.
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    12:06 PM   04/18/07                            s0158c-ft31-k0a