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Community Redevelopment Agencies (HB 991)

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%

Florida

2025

Latest Action:

Updated:

Chamber:

The bill proposes to terminate community redevelopment agencies by a specified date unless approved by the local governing body. It restricts these agencies from starting new projects or incurring new debt after October 1, 2025. It also prohibits the creation of new community redevelopment agencies after July 1, 2025, while allowing existing ones to continue if approved. The bill addresses the handling of outstanding bonds by these agencies.

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