Florida’s Special Legislative Session Successful, Governor Signs Bills
Monday, December 19th, 2022 Catastrophe Legislation & Regulation PropertyFlorida Gov. Ron DeSantis on Friday signed legislation providing hurricane relief assistance and moving to shore up the state’s property insurance market in the wake of Hurricanes Ian and Nicole this year.
Those were two pieces of legislation passed by lawmakers in a special session last week, and the signings wrapped up the work for which the session was called.
On Thursday, DeSantis signed the third bill, creating a Toll Relief Program which will provide 50% account credits to frequent commuters using specific toll roads across the state and paying with transponders. The Toll Relief Program begins on Jan. 1 and runs through Dec. 31, 2023.
According to DeSantis, the hurricane tax relief measure allows the state to provide permanent tax relief for owners whose property is deemed uninhabitable because of damage caused by hurricanes Ian and Nicole and provides $750 million to support ongoing recovery efforts.
One of the most interesting revelations that DeSantis said the legislation will fund is with housing assistance that will quickly put trailers on properties for people whose homes are uninhabitable.
