Florida HB 1483: Pinellas County Construction Licensing Board, Pinellas County

Bill Text

CS/HB 1483 2026

CODING: Words stricken are deletions; words underlined are additions.
hb1483-01-c1
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F L O R I D A H O U S E O F R E P R E S E N T A T I V E S

A bill to be entitled 1
An act relating to trust funds; creating s. 420.56, 2
F.S.; creating the Vacancy Relief and Risk Mitigation 3
Trust Fund within the Florida Housing Finance 4
Corporation for a specified purpose; authorizing any 5
unexpended balance at a specified time to revert and 6
be reappropriated for a certain purpose; providing for 7
future review and termination or re-creation of the 8
trust fund; providing a contingent effective date. 9
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Be It Enacted by the Legislature of the State of Florida: 11
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Section 1. Section 420.56, Florida Statutes, is created to 13
read: 14
420.56 Homes for Veterans Property Management Incentive 15
Pilot Program trust fund.— 16
(1) The Vacancy Relief and Risk Mitigation Trust Fund is 17
created within the Florida Housing Finance Corporation, to which 18
the Legislature may appropriate funds for the purpose of 19
implementing the Homes for Veterans Property Management 20
Incentive Pilot Program under s. 83.684. 21
(2) Notwithstanding s. 216.301 and pursuant to s. 216.351, 22
any balance in the trust fund at the end of the fiscal year 23
shall revert and be appropriated to the corporation for the next 24
fiscal year for carrying out the purposes of the trust fund. 25

CS/HB 1483 2026

CODING: Words stricken are deletions; words underlined are additions.
hb1483-01-c1
Page 2 of 2
F L O R I D A H O U S E O F R E P R E S E N T A T I V E S

(3) In accordance with s. 19(f)(2), Art. III of the State 26
Constitution, the Vacancy Relief and Risk Mitigation Trust Fund 27
must, unless terminated sooner, be terminated on July 1, 2030. 28
Before the scheduled termination of the Vacancy Relief and Risk 29
Mitigation Trust Fund, the trust fund must be reviewed as 30
provided in s. 215.3206(1) and (2). 31
Section 2. This act shall take effect July 1, 2026, but 32
only if HB 1481 or similar legislation is adopted in the same 33
legislative session or an extension thereof and becomes a law. 34