| 1 | A bill to be entitled |
| 2 | An act relating to a method of fixing millage; amending s. |
| 3 | 200.065, F.S.; revising the method for computing the |
| 4 | rolled-back rate by removing the exclusion for new |
| 5 | construction, additions to structures, deletions, and |
| 6 | increases in the value of certain improvements; providing |
| 7 | an effective date. |
| 8 |
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| 9 | Be It Enacted by the Legislature of the State of Florida: |
| 10 |
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| 11 | Section 1. Subsection (1) of section 200.065, Florida |
| 12 | Statutes, is amended to read: |
| 13 | 200.065 Method of fixing millage.-- |
| 14 | (1) Upon completion of the assessment of all property |
| 15 | pursuant to s. 193.023, the property appraiser shall certify to |
| 16 | each taxing authority the taxable value within the jurisdiction |
| 17 | of the taxing authority. This certification shall include a copy |
| 18 | of the statement required to be submitted under s. 195.073(3), |
| 19 | as applicable to that taxing authority. The form on which the |
| 20 | certification is made shall include instructions to each taxing |
| 21 | authority describing the proper method of computing a millage |
| 22 | rate which, exclusive of new construction, additions to |
| 23 | structures, deletions, increases in the value of improvements |
| 24 | that have undergone a substantial rehabilitation which increased |
| 25 | the assessed value of such improvements by at least 100 percent, |
| 26 | and property added due to geographic boundary changes, will |
| 27 | provide the same ad valorem tax revenue for each taxing |
| 28 | authority as was levied during the prior year. That millage rate |
| 29 | shall be known as the "rolled-back rate." The information |
| 30 | provided pursuant to this subsection shall also be sent to the |
| 31 | tax collector by the property appraiser at the time it is sent |
| 32 | to each taxing authority. |
| 33 | Section 2. This act shall take effect July 1, 2004. |