CS/CS/HB 57 — Department of Business and Professional Regulation
by Government Operations Appropriations Subcommittee; Business and Professional Regulation Subcommittee; and Rep. Porter (CS/CS/SB 802 by Appropriations Committee; Regulated Industries Committee; and Senator Hays)
This summary is provided for information only and does not represent the opinion of any Senator, Senate Officer, or Senate Office.
Regulated Industries Committee (RI)
The bill amends ss. 468.631 and 489.140, F.S., relating to the funding of the Florida Homeowners’ Construction Recovery Fund (fund). The bill revises the method of funding from a surcharge based on square footage (of new construction, renovations, alterations, and additions) to a surcharge based on 1.5% of permit fees associated with enforcement of the Florida Building Code. The bill authorizes any excess funds not needed to fund the Florida Building Code Administrators and Inspectors Board in the Department of Business and Professional Regulation (department) to be transferred by the department to the fund. The bill provides that the department may not transfer excess cash to the fund for the payment of claims if the excess cash exceeds the amount appropriated in the General Appropriations Act and any amount approved by the Legislative Budget Commission pursuant to s. 216.181, F.S.
If approved by the Governor, these provisions take effect October 1, 2013.
Vote: Senate 39-0; House 111-0