The bill amends Chapter 98-501 of the Laws of Florida, specifically revising the taxation authority of the Central Broward Water Control District. It allows the board of commissioners to levy taxes on land and improvements within the district, removing the previous restriction that limited taxation to land only. The maximum tax rate is set at 5 mills per dollar of taxable valuation, and in the absence of contrary action by the board, this rate will apply each calendar year.

Additionally, the bill stipulates that the taxes determined necessary by the board for the district's operations will be certified to the Property Appraiser of Broward County and placed on the tax rolls for collection by the Revenue Tax Collector. The taxes levied will create a lien against the property within the district, enforceable under Florida law. The act is set to take effect upon becoming law.