§ 420.9079, Fla. Stat. · Part VII. STATE HOUSING INITIATIVES PARTNERSHIP
Local Government Housing Trust Fund.
Text — 2026 Florida Statutes
(1) There is created in the State Treasury the Local Government Housing Trust Fund, which shall be administered by the corporation on behalf of the department according to the provisions of ss. 420.907-420.9076 and this section. There shall be deposited into the fund a portion of the documentary stamp tax revenues as provided in s. 201.15, moneys received from any other source for the purposes of ss. 420.907-420.9076 and this section, and all proceeds derived from the investment of such moneys. Moneys in the fund that are not currently needed for the purposes of the programs administered pursuant to ss. 420.907-420.9076 and this section shall be deposited to the credit of the fund and may be invested as provided by law. The interest received on any such investment shall be credited to the fund.
(2) The corporation shall administer the fund exclusively for the purpose of implementing the programs described in ss. 420.907-420.9076 and this section. With the exception of monitoring the activities of counties and eligible municipalities to determine local compliance with program requirements, the corporation shall not receive appropriations from the fund for administrative or personnel costs. For the purpose of implementing the compliance monitoring provisions of s. 420.9075(9), the corporation may request a maximum of one-quarter of 1 percent of the annual appropriation per state fiscal year. When such funding is appropriated, the corporation shall deduct the amount appropriated prior to calculating the local housing distribution pursuant to ss. 420.9072 and 420.9073.
Notes and commentary — not statutory text
History
s. 32, ch. 92-317; s. 40, ch. 97-167; s. 16, ch. 98-56; s. 25, ch. 2006-69; s. 11, ch. 2009-2; s. 32, ch. 2009-96; s. 18, ch. 2011-15; s. 87, ch. 2015-229; s. 74, ch. 2018-10; s. 96, ch. 2019-116; s. 87, ch. 2020-114; s. 20, ch. 2022-5.
Source of truth
- Edition
- 2026 Florida Statutes
- Official file
- https://www.leg.state.fl.us/Statutes/index.cfm?App_mode=Display_Statute&URL=0400-0499/0420/0420.html
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- compose_v2.py 2026-10-04: the Legislature's structured HTML read in document order; verify_v2.py's independent reading agrees character for character
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This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
The Florida Statutes
- § 201.15, Fla. Stat.Distribution of taxes collected.Printed as s. 201.15
- § 420.907, Fla. Stat.Short title.Printed as ss. 420.907-420.9076
- § 420.9072, Fla. Stat.State Housing Initiatives Partnership Program.Printed as ss. 420.9072 and 420.9073
- § 420.9073, Fla. Stat.Local housing distributions.Printed as ss. 420.9072 and 420.9073
Cited by 4 provisions
Provisions in this library whose text cites § 420.9079, Fla. Stat.. Each shows the citation as that text prints it.
The Florida Statutes
- § 420.9071, Fla. Stat.Definitions.Printed as ss. 420.907-420.9079
- § 420.9072, Fla. Stat.State Housing Initiatives Partnership Program.Printed as ss. 420.907-420.9079
- § 420.9073, Fla. Stat.Local housing distributions.Printed as ss. 420.907-420.9079
- § 420.9075, Fla. Stat.Local housing assistance plans; partnerships.Printed as ss. 420.907-420.9079
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.