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HomeMy WebLinkAboutReso 2024-3613RESOLUTION NO. 2024 - A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF SUNNY ISLES BEACH, FLORIDA, URGING THE FLORIDA LEGISLATURE TO ENACT SENATE BILL 1721 WHICH SEEKS TO CREATE A VERIFICATION OF ELIGIBILITY FOR THE HOMESTEAD EXEMPTION FOR CERTAIN DISABLED VETERANS, WHICH WOULD ENHANCE THE HOME BUYING CAPABILITIES OF FLORIDA'S DISABLED VETERANS; DIRECTING THE CITY CLERK TO SEND A COPY OF THIS RESOLUTION TO THE MEMBERS OF THE MIAMI-DADE COUNTY BOARD OF COUNTY COMMISSIONERS, THE SPEAKER OF THE FLORIDA HOUSE OF REPRESENTATIVES, AND THE PRESIDENT OF THE FLORIDA SENATE; AUTHORIZING THE CITY MANAGER TO DO ALL THINGS NECESSARY TO EFFECTUATE THIS RESOLUTION; PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City of Sunny Isles Beach (the "City") recognizes the invaluable service and sacrifices made by veterans in defense of our nation; and WHEREAS, Senate Bill 172 ("SB 172") has been filed for consideration during the Florida Legislature's 2024 session by Senators Tina Polsky and Rosalind Osgood; and WHEREAS, SB 172 seeks to create a verification of eligibility for the homestead exemption for certain disabled veterans, which would enhance the home buying capabilities of Florida's disabled veterans; and WHEREAS, the current system creates a timing issue for disabled veterans, as they are required to apply for an real estate tax exemption only after taking ownership of their homes, causing temporary financial challenges during the mortgage underwriting process; and WHEREAS, SB 172 seeks to rectify this issue by allowing certain disabled veterans to apply for their exemption after entering into a contract to purchase a home, ensuring approval subject to home ownership, thereby eliminating unnecessary hurdles during the mortgage qualification process; and WHEREAS, this adjustment enables disabled veterans to access the benefits they have rightfully earned precisely when they need them most, facilitating their journey to homeownership without imposing any additional financial burdens on the State of Florida; and WHEREAS, the City Commission finds that it is in the best interest of its residents to endorse and support Senate Bill 172, which aims to streamline the real estate tax exemption process for disabled veterans in Florida. NOW, THEREFORE, BE RESOLVED BY THE CITY COMMISSION OF THE CITY OF SUNNY ISLES BEACH, FLORIDA, AS FOLLOWS: Section 1. Express Support of Senate Bills 172. The City Commission hereby expresses its support of Senate Bill 172. @BCL@040BEC80.docx Page 1 of 2 342 Section 2. Direction to the City Clerk. The City Clerk is hereby directed to distribute copies of this Resolution to the Miami -Dade County Board of County Commissioners, the President of the Florida Senate, and the Speaker of Florida House of Representative. Section 3. Authorization of the City Manager. The City Manager is hereby authorized to do all things necessary to effectuate the terms of this Resolution. Section 4. Effective Date. This Resolution shall become effective upon adoption. PASSED AND ADOPTED this 18 ►TTES Mauricio'Betankur, CMC, City Clerk Larisa Svechin, Mayor APPROVED AS TO FORM AND LEGAL SUFFICIENCY: AI in E. Boileau, P.A., for Nabors, Giblin & Nickerson, City Attorney Moved by: 6:yx � ' �f Seconded by: Vote: (No) Mayor Svechin (Yes) Vice Mayor Lama (Yes) (No) Commissioner Joseph ✓✓(Yes) (No) Commissioner Stuyvesant (Yes) (No) Commissioner Viscarra (Yes) (No) @BCL@040BEC80.docx Page 2 of 2 343 r T } Q F 5'J R hxy City of Sunny Isles Beach 18070 Collins Avenue Sunny Isles Beach, Florida 33160 (305) 947-0606 City Hall (305) 949-3113 Fax MEMORANDUM TO: Honorable Mayor and City Commissioners FROM: Jeniffer Viscarra, Commissioner DATE: January 18, 2024 RE: Express Support of Senate Bill 172 Regarding Disabled Veterans' Homesteac Exemption RECOMMENDATION: This Resolution is Presented for your consideration. REASONS: Senate Bill 172 has been filed for consideration during the Florida Legislature's 2024 session b) Senators Tina Polsky and Rosalind Osgood. The bill seeks to create a verification of eligibility for the homestead exemption for certain disabled veterans, which would enhance the home buying capabilities of Florida's disabled veterans. Unfortunately, the current system creates a timing issue for disabled veterans, as they are required to apply for an real estate tax exemption only after taking ownership of their homes, causing temporary financial challenges during the mortgage underwriting process. The bill would rectify this issue by allowing certain disabled veterans to apply for their exemption after entering into a contract to purchase a home, ensuring approval subject to home ownership, thereby eliminating unnecessary hurdles during the mortgage qualification process. ATTACHMENTS: Resolution Item Number: 10.0 341