HB 503

1
A bill to be entitled
2An act relating to ad valorem taxation; amending s.
3218.63, F.S.; providing that a local government may not
4participate in receiving revenues from the local
5government half-cent sales tax in a given year if the
6government levies a millage rate in excess of a rate
7calculated as specified; amending s. 200.065, F.S.;
8requiring that instructions for calculating such maximum
9millage be included on the form on which the property
10appraiser certifies to each taxing authority the taxable
11value within the taxing authority's jurisdiction;
12providing an effective date.
13
14Be It Enacted by the Legislature of the State of Florida:
15
16     Section 1.  Subsection (3) is added to section 218.63,
17Florida Statutes, to read:
18     218.63  Participation requirements.--
19     (3)(a)  If a unit of local government levies in any year a
20millage rate in excess of the maximum millage rate as calculated
21in paragraph (b), not including any millage levied pursuant to a
22referendum held in that year, that unit of local government may
23not participate in the local government half-cent sales tax
24during the next fiscal year.
25     (b)  The maximum millage rate under paragraph (a) shall be
26calculated as the rolled-back rate as defined in s. 200.065,
27adjusted by the percentage change in the Consumer Price Index
28for All Urban Consumers, U.S. City Average, all items 1967=100,
29or successor reports for the preceding calendar year as
30initially reported by the Bureau of Labor Statistics of the
31United States Department of Labor, plus 3 percentage points.
32     Section 2.  Subsection (1) of section 200.065, Florida
33Statutes, is amended to read:
34     200.065  Method of fixing millage.--
35     (1)  Upon completion of the assessment of all property
36pursuant to s. 193.023, the property appraiser shall certify to
37each taxing authority the taxable value within the jurisdiction
38of the taxing authority. This certification shall include a copy
39of the statement required to be submitted under s. 195.073(3),
40as applicable to that taxing authority. The form on which the
41certification is made shall include instructions to each taxing
42authority describing the proper method of computing a millage
43rate which, exclusive of new construction, additions to
44structures, deletions, increases in the value of improvements
45that have undergone a substantial rehabilitation which increased
46the assessed value of such improvements by at least 100 percent,
47and property added due to geographic boundary changes, will
48provide the same ad valorem tax revenue for each taxing
49authority as was levied during the prior year. That millage rate
50shall be known as the "rolled-back rate." The form must also
51include instructions to each taxing authority describing the
52proper method of computing a millage rate that would result in a
53loss of eligibility to participate in the local government half-
54cent sales tax under s. 218.63, if applicable. The information
55provided pursuant to this subsection shall also be sent to the
56tax collector by the property appraiser at the time it is sent
57to each taxing authority.
58     Section 3.  This act shall take effect July 1, 2007.


CODING: Words stricken are deletions; words underlined are additions.