Florida Senate - 2007                      COMMITTEE AMENDMENT
    Bill No. SB 2482
                        Barcode 091610
                            CHAMBER ACTION
              Senate                               House
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 1           Comm: 21/RCS          .                    
       04/19/2007 06:44 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 title amendment) 
15         On page 83, between lines 20 and 21,
16  
17  insert:  
18         Section 42.  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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    11:39 AM   04/19/07                            s2482c-ft31-e9x

Florida Senate - 2007 COMMITTEE AMENDMENT Bill No. SB 2482 Barcode 091610 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 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 7, line 1, after the semicolon, 9 10 insert: 11 amending s. 193.1551, F.S.; providing for 12 provisions governing the assessment of 13 homestead property damaged in certain named 14 storms to apply to properties in which repairs 15 are commenced by January 1, 2008; 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 2 11:39 AM 04/19/07 s2482c-ft31-e9x