Legislative Session Update: Week Two
We just finished the second week of legislative session and many bills affecting our industry are on the move! Here is an update of what happened in Tallahassee this past week.
Affordable Housing: Two important bills regarding affordable housing funding have been heard in committee this week. HB 1291, sponsored by Rep. Jim Boyd, which helps to preserve needed housing funding, was favorably heard in the House Agriculture and Natural Resources Appropriations Subcommittee. The bill has now moved onto the House Appropriation Committee. FAA supports HB 1291 in its current form.
The Senate companion to Rep. Boyd’s bill (HB 1291) is SB 586. This bill, introduced by Sen. Charles Dean, has passed through the Appropriations Subcommittee on General Government. FAA does not support SB 586 in its current form and is pushing for an amendment to the bill to protect affordable housing funding.
Service Animals: HB 071, sponsored by Rep. Jimmie Smith, which would tighten penalties for those who falsely claim a pet is a service animal, was passed through the House Judiciary Committee favorably. The Senate companion, SB 414, has yet to be heard in committee. FAA supports HB 071
Sales Tax on Commercial Leases: SB 140, introduced by Sen. Dorothy Hukill and Sen. Garrett Richter, which would lower the commercial lease tax from 6% to 5%, passed favorably through Senate Subcommittee on Community Affairs. The bill’s House companion, HB 101 by Rep. GregSteube has yet to be heard in committee. FAA is currently researching the industry impact of this bill.
Fractured Communities: HB 643, introduced by Rep. Chris Sprowls, which would limit the ability of bulk buyers to convert condominium properties into rental units and mandate that bulk buyers pay 110% of either the fair market value or purchase price (whichever is greater) to a condominium unit owner, has passed through the House Judiciary Committee. The Senate companion, SB 1172, introduced by Sen. Jack Latvala has yet to be heard in committee. FAA is currently researching the industry impact of this bill.