Florida Senate - 2015 CS for CS for SB 278 By the Committees on Appropriations; and Finance and Tax; and Senator Diaz de la Portilla 576-03807-15 2015278c2 1 A bill to be entitled 2 An act relating to downtown development districts; 3 creating s. 189.056, F.S.; providing legislative 4 intent; authorizing municipalities larger than a 5 certain population and located in certain counties to 6 levy an ad valorem tax on real and personal property 7 in downtown development districts; specifying the 8 purpose of such ad valorem tax; limiting the downtown 9 development district’s ad valorem millage rate; 10 providing an effective date. 11 12 Be It Enacted by the Legislature of the State of Florida: 13 14 Section 1. Section 189.056, Florida Statutes, is created to 15 read: 16 189.056 Downtown development districts; ad valorem 17 taxation.— 18 (1) It is the intent of the Legislature to encourage the 19 revitalization of downtown areas within large municipalities 20 where the societal ills associated with urban blight are most 21 prevalent. However, in recognition of the traditionally broad 22 home rule power exercised by charter counties, the Legislature 23 intends that this section apply only to certain counties. 24 (2) The governing body of a municipality with a population 25 of more than 400,000, as determined by the Office of Economic 26 and Demographic Research, and located in a county as defined in 27 s. 125.011(1) may, by ordinance, levy an ad valorem tax of up to 28 0.475 mill on the taxable value of all real and personal 29 property located in a downtown development district to help 30 finance the operation of the district. The district’s millage 31 may not exceed 0.475 mill and may not exceed the limitations 32 contained in s. 200.001(8)(d) for dependent special districts. 33 Section 2. This act shall take effect July 1, 2015.