Florida Senate - 2008 SENATOR AMENDMENT

Bill No. CS/SB 1492, 1st Eng.

333216

CHAMBER ACTION

Senate

Floor: WD/3R

4/29/2008 10:12 AM

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House



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Senator Margolis moved the following amendment:

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     Senate Amendment (with title amendment)

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     Delete line(s) 82-207

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and insert:

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     (c) Housing choice assistance vouchers shall be used for

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down payment assistance:

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     1. For the purchase of a single-family residence within the

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county.

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     2. By low-income or moderate-income persons who are:

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     a. Actively employed by the purchasing employer or by a

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business entity directly affiliated with the purchasing employer;

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and

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     b. Prequalified for a mortgage loan by a certified lending

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institution.

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     (d) Upon payment of the discretionary surtax pursuant to

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this section, the purchasing employer may file for an allocation

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for housing choice assistance vouchers from the county in an

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amount not to exceed 50 percent of the amount of the

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discretionary surtax paid. The purchasing employer shall

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distribute the allocation to employees in the form of housing

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choice assistance vouchers pursuant to rules and procedures

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established for the program.

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     (e) Any housing choice assistance voucher allocation not

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distributed to employees and redeemed by an employee within 1

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year after the date the discretionary surtax is paid may not be

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used for housing choice assistance vouchers under this

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subsection.

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     (f) Any housing assistance paid pursuant to the housing

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choice assistance voucher program shall be included in the

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calculation determining the percentage of discretionary surtax

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funds used for homeownership purposes during the year in which

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the surtax funds for such purposes are expended.

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     Section 3.  Section 201.031, Florida Statutes, is amended to

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read:

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     201.031  Discretionary surtax; administration and

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collection; Housing Assistance Loan Trust Fund; reporting

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requirements.--

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     (1)  Each county, as defined by s. 125.011(1), may levy,

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subject to the provisions of s. 125.0167, a discretionary surtax

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on documents taxable under the provisions of s. 201.02, except

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that there shall be no surtax on any document pursuant to which

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the interest granted, assigned, transferred, or conveyed involves

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only a single-family residence. The Such single-family residence

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may be a condominium unit, a unit held through stock ownership or

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membership representing a proprietary interest in a corporation

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owning a fee or a leasehold initially in excess of 98 years, or a

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detached dwelling.

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     (2) All provisions of chapter 201, except s. 201.15, shall

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apply to the surtax. The Department of Revenue shall pay to the

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governing authority of the county which levies the surtax all

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taxes, penalties, and interest collected under this section less

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any costs of administration.

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     (3) Each county that which levies the surtax shall:

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     (a) Include in the financial report required under s.

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218.32 information showing the revenues and the expenses of the

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trust fund for the fiscal year.

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     (b) Adopt a housing plan every 3 years that includes

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provisions substantially similar to the plans required in s.

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420.9075(1).

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     (c) Have adopted an affordable housing element of its

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comprehensive land use plan that complies with s. 163.3177(6)(f).

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     (d) Require by resolution that the staff or entity that has

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administrative authority for implementing the housing plan

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prepare and submit to the county's governing body an annual

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report substantially similar to the annual report required in s.

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420.9075(10).

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     (4) Every 2 years after the effective date of this act, the

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Auditor General shall conduct an operational audit as defined in

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s. 11.45, Florida Statutes, of the discretionary surtax program

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operated by counties under s. 125.0167. The Auditor General shall

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provide a report of such audit to the President of the Senate and

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the Speaker of the House of Representatives.

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     Section 4.  This act shall take effect upon becoming a law.

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================ T I T L E  A M E N D M E N T ================

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And the title is amended as follows:

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     Delete line(s) 28-33

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and insert:

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program operated by counties; requiring a report;

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providing an effective date.

4/28/2008  8:00:00 PM     CA.35.08922

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