(Form DR-15TDT New Florida law requires impact fees be capped, incrementally phased-in DiCeglie said HB 337 provides a "relief valve" that allows local governments to raise impact fees higher than the new cap if they can show"extraordinary circumstances" that merit a greater increase. ), may impose two separate taxes: Currently, only Miami-Dade County is eligible to levy these taxes. HWnF.[bGNi`]EL%2 K&wh?3;33<=QD0gdet&P)A8#BGJ){PHT4E^Ie\7$HlE:LhL Florida law authorizes local governments to impose several types of local option taxes. "All increases in impact fees are passed on to the home buyer," he said. Instead, the Highlands County Board of County Commission extended the moratorium again, for three years this time, rather than pay for a new fee study. Likewise, Parks and Recreation impact fees must be used for parks facilities. 1549 0 obj <>stream hbbd`b``3 \L endstream endobj 320 0 obj <>/Metadata 110 0 R/Names 321 0 R/Pages 109 0 R/StructTreeRoot 112 0 R/Type/Catalog/ViewerPreferences<>>> endobj 321 0 obj <> endobj 322 0 obj >/PageTransformationMatrixList<0[1.0 0.0 0.0 1.0 0.0 -396.0]>>/PageUIDList<0 193>>/PageWidthList<0 612.0>>>>>>/Resources<>/ExtGState<>/Font<>/ProcSet[/PDF/Text]/Properties<>>>/Rotate 0/StructParents 0/TrimBox[0.0 0.0 612.0 792.0]/Type/Page>> endobj 323 0 obj <> endobj 324 0 obj <>stream Mostly sunny. How impact fees work in Florida and what changes under the new law, First-time buyers being squeezed out of the market, How Florida stacks up with the rest of the nation, Palm Beach Transportation Planning Agency, Vote pushed to restore transportation impact fees in Brevard County, Palm Beach County, City of Palm Beach Gardens spar over financing transportation projects, Growing demand for homes in Polk County leads to housing shortage, Your California Privacy Rights/Privacy Policy, Newly passed state bill limits impact fee increases to no more than 12.5% a year and no more than 50% over four years, Impact fees help pay for infrastructure needs created by new development, Florida's population has grown from 18.8 million to 21.5 million over the past 10 years. Where's the data behind 12%?". They are one-time charges paid by a proposed development to fund the cost of providing facilities to serve that new construction.

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