Florida Senate - 2025                          SENATOR AMENDMENT
       Bill No. CS for SB 1242
       
       
       
       
       
       
                                Ì5049624Î504962                         
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
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                  Floor: WD            .                                
             04/30/2025 09:12 AM       .                                
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       Senator McClain moved the following:
       
    1         Senate Amendment (with title amendment)
    2  
    3         Delete lines 200 - 287
    4  and insert:
    5         Section 4. Paragraph (d) is added to subsection (3) of
    6  section 163.370, Florida Statutes, to read:
    7         163.370 Powers; counties and municipalities; community
    8  redevelopment agencies.—
    9         (3) The following projects may not be paid for or financed
   10  by increment revenues:
   11         (d) Sponsorship, whether direct or indirect, of concerts,
   12  festivals, holiday events, parades, or similar activities.
   13         Section 5. Section 163.3755, Florida Statutes, is amended
   14  to read:
   15         163.3755 Termination of community redevelopment agencies.—
   16         (1) A community redevelopment agency in existence on
   17  October 1, 2019, shall terminate on the time certain for
   18  completing all redevelopment expiration date provided in the
   19  agency’s charter as required by s. 163.362(10) or as may have
   20  been extended by ordinance or resolution before October 1, 2026
   21  on October 1, 2019, or on September 30, 2039, whichever is
   22  earlier, unless the governing body of the county or municipality
   23  that created the community redevelopment agency approves its
   24  continued existence by a majority vote of the members of the
   25  governing body.
   26         (2)(a) If the governing body of the county or municipality
   27  that created the community redevelopment agency does not approve
   28  its continued existence by a majority vote of the governing body
   29  members, A community redevelopment agency with outstanding bonds
   30  as of October 1, 2026 2019, that do not mature until after the
   31  
   32  ================= T I T L E  A M E N D M E N T ================
   33  And the title is amended as follows:
   34         Delete lines 17 - 18
   35  and insert:
   36         prohibiting community