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                              | HOUSE AMENDMENT |  
                              | Bill No. HB 435 CS |  |  | 
                
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                1 | CHAMBER ACTION | 
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                | 12 | Representative Sorensen offered the following: | 
              
                | 13 |  | 
              
                | 14 | Amendment (with directory and title amendments) | 
              
                | 15 | Remove line 489, and insert: | 
              
                | 16 |  | 
              
                | 17 | Section 8.  Authority to adopt ordinance or resolution; | 
              
                | 18 | amount of fee; referendum; disbursement.-- | 
              
                | 19 | (1)  Any local government that contains an area or part of | 
              
                | 20 | an area designated as an area of critical state concern under s. | 
              
                | 21 | 380.05, Florida Statutes, may adopt a resolution or ordinance | 
              
                | 22 | for imposition and collection of a residential acquisition fee | 
              
                | 23 | in the area of critical state concern. A local government may | 
              
                | 24 | not adopt an ordinance or resolution to collect a residential | 
              
                | 25 | acquisition fee in any area where another local government has | 
              
                | 26 | already passed an ordinance or resolution imposing the fee | 
              
                | 27 | unless the fee has expired or has failed to be approved by the | 
              
                | 28 | electorate. The fee shall be assessed in accordance with the | 
              
                | 29 | schedule set forth in subsection (2) of section 9. The | 
              
                | 30 | authorization provided in this section shall be construed to be | 
              
                | 31 | general law authorization pursuant to s. 1, Art. VII of the | 
              
                | 32 | State Constitution. | 
              
                | 33 | (2)  Such ordinance or resolution must be approved by a | 
              
                | 34 | majority of the qualified electors in the affected area of | 
              
                | 35 | critical state concern. The ordinance or resolution for fee | 
              
                | 36 | adoption must establish the date, time, and place of the | 
              
                | 37 | referendum and provide appropriate ballot language, including, | 
              
                | 38 | but not limited to, the fee schedule set forth in subsection (2) | 
              
                | 39 | of section 9. | 
              
                | 40 | (3)  Any fees imposed and collected pursuant to this act | 
              
                | 41 | shall be deposited into a residential acquisition fund to be | 
              
                | 42 | established by ordinance or resolution of the governing body of | 
              
                | 43 | the local government imposing the fee. The fund shall be | 
              
                | 44 | maintained and administered by the clerk of the court. Six | 
              
                | 45 | months after the initial collection, and quarterly thereafter, | 
              
                | 46 | the clerk shall remit the proceeds accrued in the residential | 
              
                | 47 | acquisition fund, less reasonable administrative costs of the | 
              
                | 48 | clerk amounting to no more than $5 per transaction, to the local | 
              
                | 49 | government imposing the fee. | 
              
                | 50 | Section 9.  Applicability of fee; fee schedule.-- | 
              
                | 51 | (1)  The residential acquisition fee shall be imposed at | 
              
                | 52 | closing or upon the sale of a single-family residential or | 
              
                | 53 | multifamily residential property on a sliding scale based on | 
              
                | 54 | purchase price of the property. Commercial, governmental, and | 
              
                | 55 | unimproved properties are not subject to the provisions of this | 
              
                | 56 | act. Refinancing of residential loans is not subject to the | 
              
                | 57 | provisions of this act. | 
              
                | 58 | (2)  The fee is based on the following schedule: | 
              
                | 59 |  | 
              
                | 60 | SCHEDULE OF FEES | 
              
                | 61 |  | 
              
                | 62 | PURCHASE PRICE OF PROPERTY             PERCENTAGE OF FEE | 
              
                | 63 | Properties purchased at $249,999 or less..............0% | 
              
                | 64 | Properties purchased at $250,000 to $499,999.......1.00% | 
              
                | 65 | Properties purchased at $500,000 to $999,999.......1.50% | 
              
                | 66 | Properties purchased at $1,000,000 to $1,999,999...1.75% | 
              
                | 67 | Properties purchased at $2,000,000 or more.........2.00% | 
              
                | 68 |  | 
              
                | 69 | Section 10.  Collection of fee.--At the time of closing or | 
              
                | 70 | upon the sale of a single-family residential or a multifamily | 
              
                | 71 | residential property, the closing agent, the representative of | 
              
                | 72 | the closing agent, or the seller must collect and remit the fee | 
              
                | 73 | to the clerk. The closing agent, the representative of the | 
              
                | 74 | closing agent, or the seller must provide a space on the buyer | 
              
                | 75 | and seller disbursement statement or an addendum accompanying | 
              
                | 76 | the buyer and seller disbursement statement identifying the fee | 
              
                | 77 | and must disclose the amount of the fee to the prospective | 
              
                | 78 | buyer. | 
              
                | 79 | Section 11.  Utilization of funds.--Funds received by the | 
              
                | 80 | local government pursuant to this act shall be used for the | 
              
                | 81 | creation of or improvements to wastewater or stormwater | 
              
                | 82 | facilities. Division of funds between the county and | 
              
                | 83 | municipalities in areas of critical state concern shall be in | 
              
                | 84 | accordance with any existing agreement between the county and | 
              
                | 85 | municipalities addressing priorities for uses established in | 
              
                | 86 | this act. Funds collected under this act may be used to complete | 
              
                | 87 | projects currently underway or projects undertaken pursuant to | 
              
                | 88 | this act. | 
              
                | 89 | Section 12.  A local government’s authorization to impose | 
              
                | 90 | or collect the fee authorized under this act shall expire 10 | 
              
                | 91 | years after the termination of the designation of the area of | 
              
                | 92 | critical state concern pursuant to s. 380.05, Florida Statutes, | 
              
                | 93 | in which the local government is located. | 
              
                | 94 | Section 13.  This act shall take effect upon becoming a | 
              
                | 95 | law. | 
              
                | 96 |  | 
              
                | 97 |  | 
              
                | 98 | ================= T I T L E  A M E N D M E N T ================= | 
              
                | 99 | Remove line(s) 25 and 26, and insert: | 
              
                | 100 |  | 
              
                | 101 | correcting cross references, to conform; providing | 
              
                | 102 | authority for local governments to impose a residential | 
              
                | 103 | acquisition fee by ordinance or resolution; prohibiting | 
              
                | 104 | imposition of such fee in an area where a fee has been | 
              
                | 105 | approved by another local government; providing for a | 
              
                | 106 | referendum; providing a fee schedule; providing procedures | 
              
                | 107 | for collection of fees; providing for utilization of | 
              
                | 108 | funds; requiring the county and municipalities to divide | 
              
                | 109 | funds pursuant to agreement; providing a time limit on | 
              
                | 110 | local government authorization to impose or collect | 
              
                | 111 | certain fees; providing an effective date. |