1998 Florida Code
TITLE XIV TAXATION AND FINANCE
Chapter 201 Excise Tax On Documents
201.031 Discretionary surtax; administration and collection; Housing Assistance Loan Trust Fund; reporting requirements.
1201.031 Discretionary surtax; administration and collection; Housing Assistance Loan Trust Fund; reporting requirements.--
(1) Each county, as defined by s. 125.011(1), may levy, subject to the provisions of s. 125.0167, a discretionary surtax on documents taxable under the provisions of s. 201.02, except that there shall be no surtax on any document pursuant to which the interest granted, assigned, transferred, or conveyed involves only a single-family residence. Such single-family residence may be a condominium unit, a unit held through stock ownership or membership representing a proprietary interest in a corporation owning a fee or a leasehold initially in excess of 98 years, or a detached dwelling.
(2) All provisions of chapter 201, except s. 201.15, shall apply to the surtax. The Department of Revenue shall pay to the governing authority of the county which levies the surtax all taxes, penalties, and interest collected under this section less any costs of administration.
(3) Each county which levies the surtax shall include in the financial report required under s. 218.32 information showing the revenues and the expenses of the trust fund for the fiscal year.
History.--ss. 2, 3, ch. 83-220; s. 1, ch. 84-270; s. 1, ch. 89-252.
1Note.--Repealed effective October 1, 2011, by s. 3, ch. 83-220, as amended by s. 1, ch. 84-270, and by s. 1, ch. 89-252.
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