The bill amends section 163.081 of the Florida Statutes to revise the method of collection for non-ad valorem assessments related to financing qualifying improvements to residential property. It allows an authorized program administrator to levy these assessments and specifies that they will be collected by the administrator rather than under the provisions of section 197.3632. Additionally, the bill states that these assessments will not be subject to discounts for early payment, and it removes certain notice and adoption requirements previously outlined in section 197.3632.

The changes aim to streamline the process for collecting non-ad valorem assessments and clarify the responsibilities of the program administrator. The bill is set to take effect on July 1, 2025.

Statutes affected:
H 1229 Filed: 163.081