Public employers in Florida can offer a one-time payout of sick or annual leave to employees for buying a primary residence.
The bill creates the Heroes Reward Program, allowing public employers in Florida to provide a one-time payout of accrued sick and annual leave to employees for purchasing a primary residence. The payout must be used for home purchase costs and is separate from other leave benefits. The Department of Management Services will implement the program, and political subdivisions can adopt it through ordinance or policy. The payout is nonrefundable and not considered terminal or severance pay.
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