Florida Senate - 2009 COMMITTEE AMENDMENT Bill No. SB 2604 Barcode 751420 LEGISLATIVE ACTION Senate . House Comm: RCS . 04/14/2009 . . . . ————————————————————————————————————————————————————————————————— ————————————————————————————————————————————————————————————————— The Committee on Regulated Industries (Diaz de la Portilla) recommended the following: 1 Senate Amendment to Amendment (626528) (with title 2 amendment) 3 4 Between lines 552 and 553 5 insert: 6 Section 5. Section 720.315, Florida Statutes, is created to 7 read: 8 720.315 Passage of special assessments before turnover by 9 developer.— 10 (1) Before the turnover of an association by a developer as 11 described in this chapter, the board of directors may not pass 12 more than one special assessment during a calendar year. 13 (2) Each special assessment must be adopted at a meeting of 14 the board conducted solely for the purpose of discussing and 15 adopting such assessment. The location of the meeting must be in 16 the same county in which the association is located. The board 17 shall provide at least 30 days’ notice of the meeting by: 18 (a) Posting a sign in the association’s common area listing 19 the date, time, and location of the meeting and containing, in 20 at least 36-point, boldface type, the words “SPECIAL MEETING 21 REGARDING PROPOSED SPECIAL ASSESSMENT.” 22 (b) Mailing to all members of the association, at the 23 address contained in the association’s membership log or, if the 24 association does not maintain a membership log, at the address 25 of the property located within the association, a letter 26 containing: 27 1. The date, time, and location of the meeting; 28 2. The amount of the proposed special assessment to be 29 assessed to each member of the association; 30 3. A copy of each document used or relied upon by the 31 association or its agents in calculating the amount of the 32 special assessment; and 33 4. A letter of explanation from a certified public 34 accountant disclosing the method and manner used to calculate 35 the amount of the special assessment. 36 (3) The proposed special assessment may not exceed 20 37 percent of the current year’s regular annual assessment. Moneys 38 collected as a result of a special assessment may not be used to 39 supplement or fund reserve items. 40 (4) Lots or units owned by the developer, excluding common 41 areas, are subject to the same payment requirements or payment 42 deadlines as those owned by members, effective on the date on 43 which a special assessment is adopted by the board. The 44 developer may not delay payment of a special assessment based on 45 the use of a developer’s guarantee. If the board existing before 46 turnover of the association initiates or authorizes collection 47 efforts against any member for nonpayment of the special 48 assessment, it must simultaneously initiate or authorize 49 collection efforts against any developer-owned units or property 50 if the special assessment has not been paid by the developer. If 51 the board fails to pursue the developer for nonpayment of the 52 special assessment in the same manner and at the same time it 53 pursues members for nonpayment, a presumption of selective 54 enforcement is created which constitutes a defense that may be 55 raised by a member as a complete defense to nonpayment of the 56 special assessment. 57 58 59 ================= T I T L E A M E N D M E N T ================ 60 And the title is amended as follows: 61 Delete line 1449 62 and insert: 63 retain certifications for a specified period; creating 64 s. 720.315, F.S.; prohibiting the board of directors 65 of a homeowners’ association from passing more than 66 one special assessment per calendar year under certain 67 circumstances; requiring that each special assessment 68 be adopted at a board meeting conducted solely for the 69 purpose of discussing and adopting such assessment; 70 requiring that the board provide a notice for a 71 specified period before such meeting; providing 72 procedures for providing such notice; requiring that 73 such notice contain certain information; requiring 74 that the meeting be held in the same county in which 75 the association is located; limiting the amount of a 76 special assessment and restricting the manner in which 77 moneys collected pursuant thereto may be used; 78 providing that lots or units owned by the developer 79 are subject to the same payment requirements and 80 deadlines as those owned by members; providing 81 exceptions; prohibiting a developer from delaying 82 payment of a special assessment based on the use of a 83 developer’s guarantee; requiring that a board of 84 directors initiate or authorize collection efforts 85 against units owned by a developer under certain 86 circumstances; providing that failure of the board to 87 take certain action constitutes a defense to 88 nonpayment of a special assessment for certain members 89 of the association; amending