Florida Senate - 2024 SB 386 By Senator Osgood 32-00313B-24 2024386__ 1 A bill to be entitled 2 An act relating to affordable housing parking 3 requirements; amending ss. 125.01055 and 166.04151, 4 F.S.; requiring counties and municipalities, 5 respectively, to reduce parking requirements for 6 certain developments if they are located within a 7 specified distance of a major transportation hub; 8 defining the term “major transportation hub”; 9 providing an effective date. 10 11 Be It Enacted by the Legislature of the State of Florida: 12 13 Section 1. Present paragraphs (e) through (i) of subsection 14 (7) of section 125.01055, Florida Statutes, are redesignated as 15 paragraphs (f) through (j), respectively, and a new paragraph 16 (e) is added to that subsection, to read: 17 125.01055 Affordable housing.— 18 (7) 19 (e) A county must reduce parking requirements for a 20 proposed development authorized under this subsection if at 21 least 75 percent of the residential units in the proposed 22 development are, for a period of at least 30 years, affordable 23 as defined in s. 420.0004; the development is located within 24 one-half mile of a major transportation hub; and the major 25 transportation hub is accessible from the development. For 26 purposes of this paragraph, the term “major transportation hub” 27 means any bus, train, or light rail station that contains mixed 28 use development and multimodal transportation fully integrated 29 within such station. 30 Section 2. Present paragraphs (e) through (i) of subsection 31 (7) of section 166.04151, Florida Statutes, are redesignated as 32 paragraphs (f) through (j), respectively, and a new paragraph 33 (e) is added to that subsection, to read: 34 166.04151 Affordable housing.— 35 (7) 36 (e) A municipality must reduce parking requirements for a 37 proposed development authorized under this subsection if at 38 least 75 percent of the residential units in the proposed 39 development are, for a period of at least 30 years, affordable 40 as defined in s. 420.0004; the development is located within 41 one-half mile of a major transportation hub; and the major 42 transportation hub is accessible from the development. For 43 purposes of this paragraph, the term “major transportation hub” 44 means any bus, train, or light rail station that contains mixed 45 use development and multimodal transportation fully integrated 46 within such station. 47 Section 3. This act shall take effect July 1, 2024.