Many property owners in Florida generate extra income by renting their homes to tourist vacationing in Florida. These types of rentals also help Florida’s tourism by allowing families to save money by staying together in a home instead of multiple hotel rooms. This flexibility promotes more tourism, which produces $67 billion in economic activity every year.
HB 425 prevents local governments from passing new regulations on vacation rentals based solely on their classification, while not affecting local homeowners’ associations and neighborhoods that have adopted their own covenants, declarations, or bylaws.
Local governments have exploited current rental laws with excessive fines, penalties and fees. HB 425 will safeguard property owners from overreaching local governments with state-wide standards that protect property rights.
HB 425 is on Special Order Calendar for Thursday April 27th, 2017 and could be voted on by the full House this week.
Call and e-mail your district Representative to support HB 425 and protect our property rights.