The bill amends various sections of Florida Statutes regarding community redevelopment agencies, focusing on their governance and operational structure. It mandates that a governing body must officially declare itself as a community redevelopment agency and allows for the appointment of additional members, with their terms set at four years, while the first appointee serves a two-year term. The previous requirement for a board of commissioners is repealed, and the governing body is granted all rights, powers, and responsibilities of the agency. The bill also imposes restrictions on modifications to community redevelopment plans, prohibiting any changes that would expand the redevelopment area or extend the plan's timeline, and it revises the authorized activities of these agencies, specifically barring the use of increment revenues for certain projects.

Additionally, the bill establishes a new termination process for community redevelopment agencies, specifying that those in existence on October 1, 2025, will terminate based on a timeline for completing redevelopment rather than a fixed expiration date. It clarifies that if a governing body does not approve the agency's continued existence, it will remain active until its outstanding bonds mature. Other amendments include changes to voting conflicts for commissioners, definitions of community redevelopment agencies, and requirements for public notice before adopting plans. The legislation also mandates that agencies consider proposals from private redevelopers before disposing of property in redevelopment areas, with the act set to take effect on July 1, 2025.

Statutes affected:
S 1242 Filed: 163.3755
S 1242 c1: 163.357, 163.370, 163.3755, 112.3143, 163.340, 163.346, 163.360, 163.367, 163.380, 163.512