Sec. 780.601. - Purpose and Application.

(a) During the 2023 legislative session, the Legislature of the State of Florida approved Senate Bill 102, commonly known as the "Live Local Act" (the "Act"), to make various changes and additions to affordable housing related programs and policies at both the state and local level. The Act was signed into law on March 29, 2023, and created F.S. § 196.1979, which authorizes local governments to adopt an ordinance that exempts those portions of property used to provide affordable housing for natural persons or families meeting the income limits subject to certain criteria. The City of Jacksonville desires to implement this tax exemption to provide an additional incentive for development of affordable housing to meet the needs of the City's residents. (b) The exemption authorized in this Part shall only apply to taxes levied by the City of Jacksonville. (Ord. 2023-349-E , § 1)