Florida H0701 amends water management district budget and tax procedures.

Florida H0701 amends the budget and tax procedures of water management districts. It modifies the legislative review process for district budgets, requiring specific information on project costs, timelines, and funding sources. The bill also adjusts the maximum millage rates for different districts and specifies conditions for levying ad valorem taxes. Additionally, it mandates annual reports on project progress and performance indicators, and outlines requirements for the Statewide Flooding and Sea Level Rise Resilience Plan. The bill takes effect July 1, 2026.

Florida H0701 amends water management district budget and tax procedures.

Florida H0701 amends the budget and tax procedures of water management districts. It modifies the legislative review process for district budgets, requiring specific information on project costs, timelines, and funding sources. The bill also adjusts the maximum millage rates for different districts and specifies conditions for levying ad valorem taxes. Additionally, it mandates annual reports on project progress and performance indicators, and outlines requirements for the Statewide Flooding and Sea Level Rise Resilience Plan. The bill takes effect July 1, 2026.