Florida SB 734: Tax Exemptions

Bill Text

734 
Powers of Neighborhood Improvement Districts 
2025-12-03T07:55:35Z 
Authorizing a neighborhood improvement district to plan, finance, or complete structural safety or building compliance improvements if approved by a majority vote of the district’s residents or by a certain advisory council, etc. 
Original Filed Version 
2026 
S 
2026-07-01T00:00:00Z 
GB 
General Bill 
__ 

 Florida Senate - 2026 SB 734 

 By Senator Osgood 

 32-01172-26 2026734__ 
 1 A bill to be entitled 
 2 An act relating to powers of neighborhood improvement 
 3 districts; amending s. 163.514, F.S.; authorizing a 
 4 neighborhood improvement district to plan, finance, or 
 5 complete structural safety or building compliance 
 6 improvements if approved by a majority vote of the 
 7 district’s residents or by a certain advisory council; 
 8 providing an effective date. 
 9 
 10 Be It Enacted by the Legislature of the State of Florida: 
 11 
 12 Section 1. Present subsection (17) of section 163.514, 
 13 Florida Statutes, is redesignated as subsection (18), and a new 
 14 subsection (17) is added to that section, to read: 
 15 163.514 Powers of neighborhood improvement districts. 
 16 Unless prohibited by ordinance, the board of any district shall 
 17 be empowered to: 
 18 (17) Plan, finance, or complete structural safety or 
 19 building compliance improvements, including improvements 
 20 required under state or local structural recertification 
 21 programs, if such improvements are approved by: 
 22 (a) A majority vote of the district’s residents; or 
 23 (b) An advisory council composed of residents of the 
 24 district, if such a council has been established by local 
 25 ordinance pursuant to s. 163.506. 
 26 Section 2. This act shall take effect July 1, 2026.