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TALLAHASSEE, Fla. – June 17, 2019 – Two real estate-related bills landed on Gov. Ron DeSantis' desk and await his signature to become law.
CS/HB 207 affects impact fees, which are often imposed on developers by local governments to fund the local infrastructure needed to expand services and meet the demands of population growth. The calculation of the amount due, and the timing of collecting these fees is currently at the discretion of each local government.
CS/HB 207 codifies a requirement for impact fees to have a "rational nexus" to the need for additional capital facilities and to the expenditure of funds. Local governments must use the funds collected by the impact fees for acquiring, constructing or improving capital facilities to benefit the new users.
Impact fees may not be used by a local government to pay existing debt or for prior approved projects unless the expenditure has a rational nexus to the impact generated by the new construction. The bill also excludes fees charged for connecting to water and sewer systems.
CS/HB 127 requires counties and municipalities to post permit and inspection fee schedules, and building permit and inspection utilization reports, on their websites by Dec. 31, 2020. Once the bill is signed, local governments have additional requirements they must follow before changing permit fees. The bill also creates reporting requirements.
© 2019 Florida Realtors®. All rights reserved. Reprinted with permission.
Toby Tobin: REALTOR®, SRES®
I'm a Florida licensed REALTOR®, SRES®, affiliated with Grand Living Realty in Palm Coast, Fla. As a real estate consultant and journalist, I have years of experience and a treasure trove of relevant data. I help developers, builders, homebuyers, and sellers achieve improved outcomes with reduced stress, knowing that their real estate decisions are sound and fact-based.
Call me at (386) 931-7124 or email me at Toby@GoToby.com.
Listen to my radio show, Real Estate Matters, every Saturday morning right after the 11:00 A.M. news break on WNZF News Radio 1550 AM or 94.9 FM. Download the Flagler Radio App from the App Store so you can hear Real Estate Matters anywhere in the world.