florida legislature: Florida real estate legislative wrap-up 2013 - Part 2
- 06/16/13 11:22 AM
This is the second part of the series of the new laws that passed the 2013 Florida legislative session. Here is a link to the first part of the article: Florida real estate legislative wrap-up 2013 - Part 1 . For the links below, please look at the "Enrolled" version to get the exact language of the new law. Some of these bills have not been signed yet by Governor Scott so there is always a chance he could veto them. I will share in below my non-legal opinion about these new laws as well. Senate Bill 342. Rental of Homestead Property. It … (1 comments)
florida legislature: Florida legislative wrap up 2010 - Part 2
- 05/09/10 11:32 AM
This is a follow up article to Florida legislative wrap up 2010 - Part 1. Plenty of new laws are going into effect after this past session. Here is a rundown of the remainder of what happened during the 2010 legislative session. All laws are subject to the governor's approval or veto. The Florida Department of Revenue has had conflicting rules regarding how much documentary stamp taxes are to be paid on a short sale transaction. The DOR had previously tried to charge taxes on the total amount of debt being forgiven. A pretty sorry proposition for everyone except the tax collector. … (0 comments)
florida legislature: Florida legislature mid-way through the 2009 session
- 04/11/09 10:36 AM
It is already April and the Florida legislature has passed the half-way mark on the annual Spring session. I will be joining the Florida Association of Realtors next week in their annual trip to Tallahassee to meet with state legislators and protect the real estate industry from higher taxes and more regulation. This will be my second time going to Tallahassee.
So far not much has happened in the legislature since I last posted about proposals about a month ago. The only significant new proposed legislation I saw is a bill to reduce the cost of a Count 1 eviction back down from $265 to … (4 comments)
florida legislature: Florida legislature begins their regular session
- 03/07/09 02:02 AM
The Florida legislature began their regular Spring session this week. The biggest concern is of course the State of Florida's budget woes. There are monumental shortfalls everywhere and the State is slashing and burning programs left and right while looking at all sorts of tax and fee increases. There is a lot going on to say the least.
The Florida Association of Realtors ® has a great legislative tracking webpage, and I will be keeping up with them as best I can. FAR's webpage. So far in reviewing these bills I see the following: (1) Several measures affecting property … (1 comments)
florida legislature: Update, Florida Governor Crist signs many real estate bills into law
- 06/12/08 06:34 AM
The Governor has signed several of the recent real estate bills that I had mentioned on my legislative wrap up articles. You can get the full text and description of these bills by clicking on the articles below. Florida legislative wrapup for the 2008 session - Part 1 Florida legislative wrapup for the 2008 session - Part 2
SB 2860 - Regarding homeowners insurance and Citizens property insurance was signed into law. The Governor line item vetoed a few of the provisions, but most of it is now law. This new law goes into effect 7/1/08. HB 643 - The controversial Foreclosure Fraud bill was … (3 comments)
florida legislature: Florida legislative wrapup for the 2008 session - Part 2
- 05/07/08 01:34 AM
In the first article, I discussed the law changes to property taxes and homeowners insurance. In this article, I will go over the rest of the changes. Like I had said before, I am not going to discuss any bills that did not pass, and I am not going to discuss any bills that do not affect real estate or mortgages. So here is what else I could find that passed and his headed to the governor's desk for his signature ...
House Bill CS/HB 643. This is Attorney General Bill McCollum's baby. It is a bill to prevent foreclosure scam artists from preying on … (3 comments)
florida legislature: Florida legislative wrapup for the 2008 session - Part 1
- 05/05/08 08:24 AM
Friday, the Florida legislature closed their 2008 annual session and a number of new bills affecting real estate were passed and are headed to the governor's office for his signature. This article is a wrap-up of the bills that did pass and the amendments that will be on the ballot in November. I am not going to discuss any bills that did not pass, and I am not going to discuss any bills that do not affect real estate or mortgages. So here is what happened ...
First and foremost were property tax reforms. Yea!!! Some of the proposed tax reforms were created … (5 comments)
florida legislature: Another tax proposal on the Florida ballot for November
- 04/27/08 03:23 AM
On the same day that the Florida House passed a tax cut bill that looks to go nowhere, the Taxation and Budget Reform Committee has agreed to put on the November ballot a different tax proposal measure. The proposed constitutional amendment would make some radical changes to property tax bills. The amendment calls for an elimination of the portion of the property taxes that pays for schools and in turn increases the sales tax. For Realtors and real estate investors this is probably a great thing since it will most likely reduce the taxes paid via our industry. The sales tax … (0 comments)
The House bill follows the proposal of House President Marco Rubio's Cut Property Taxes Now group of limiting property taxes to 1.35% of the taxable value as set by the county property appraiser. This measure would be a major tax reduction for non-homestead properties including landlords, snowbirds, and businesses. The House bill would also provide for a revenue cap on government at all levels both state and local … (0 comments)
florida legislature: Major tax proposals on the drawing board in Florida
- 03/31/08 08:46 AM
There are proposals being discussed right now to make sweeping tax reforms throughout Florida. When the legislature is in session you never know what interesting ideas they might come up with. Additionally this year Florida's Taxation and Budget Reform Commission is considering putting some amendments on the November ballot.
There is one bill that would eliminate the school tax portion of property taxes in return for a higher sales tax and an elimination of many sales tax exemptions (mainly on services - like lawyers, lawn mowing, haircuts, tax preparation, and yes real estate commissions). Another proposal is a taxpayer bill of rights … (2 comments)
florida legislature: 2008 Florida legislative session begins today
- 03/05/08 06:41 AM
The Florida legislature started their 2008 session this morning. You never know what crazy things can get proposed when these guys get busy. Something I did like was that Governor Crist said in his opening remarks, "We can and should continue to fight for property tax relief and I encourage the Taxation and Budget Reform Commission to give the people the opportunity to vote for another tax cut." That is good. I am glad the Governor is keeping his word. I did not have high hopes that this would happen. House Speaker Marco Rubio is pushing for his citizen's initiative to cap property … (1 comments)
florida legislature: Another property tax update
- 10/10/07 08:27 AM
Normally I would not post repeatedly on the same topic, but I consider this such a vitally important issue that I feel I must say something. The legislature is wrapping up their special session on budget cuts this week and the word is that instead of calling a 4th special session that the Governor will be extending this session to address the property tax issue. There is an article in today's Orlando Sentinel on the front page of Local & State that covers the Governor's proposed property tax issues. I called Governor Crist's office this afternoon to find out what he is now proposing … (0 comments)
florida legislature: Florida legislature in session to enact budget cuts
- 10/05/07 09:08 AM
The Florida legislature began a special session this week to cut $1.1 billion out of the state's budget. This may sound like a huge cut, but considering that the current 2007 budget is some $73 billion it is really only a 1.5% reduction. Big deal. The Florida economy has slowed way down because Florida's real #1 industry GROWTH has screeched to a halt. (Tourism while touted as the #1 industry is really the #2 industry - growth being an industry just sounds really bad when a politician talks about it.) The real estate developers and Realtors cannot get their properties moved for many reasons - problems … (2 comments)
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Rob Arnold
Metro Orlando Full Service - Investor Friendly & F
My thoughts on the real estate industry, real estate investing, rental properties, mortgages, listing houses in the MLS, government and legislative issues affecting real estate brokers and investors. Serving metro Orlando & most of Florida.
Rob Arnold - ABR, CPL, CRB, GRI, PHP - Managing real estate broker, Notary Public
Disclaimer: This blog is for educational, entertainment, and yes blatant advertising purposes. Read it at your own risk and enjoyment :-) It is not meant to be construed as legal or financial advice. These are my personal views and opinions only. Regarding any properties advertised on this blog site - all information is deemed reliable but is not warranted nor guaranteed - price, terms, and availability are subject to change without notice.
This is the second part of the series of the new laws that passed the 2013 Florida legislative session. Here is a link to the first part of the article: Florida real estate legislative wrap-up 2013 - Part 1 . 
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