Florida 2026 Session Status: Introduced 1 R cosponsors

SB 1348 — Terminology Associated with the Florida Housing Finance Corporation

Last action — Died in Community Affairs

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  1. 1
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed House
  5. 5
    To Executive
  6. 6
    Enacted

This bill has been introduced in the Senate. Introduced January 07, 2026. It must pass committee before a floor vote.

Next likely step: a committee referral and hearing.

Prognosis

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Odds of enactment

Low

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Summary

Terminology Associated with the Florida Housing Finance Corporation; Revising and providing definitions pertaining to the corporation, etc.

Bill Text

How this bill changes current law

5 changes Share ↗

AI-generated reading aid from the bill's amendatory text — verify against the official bill.

This bill updates definitions and cross-references related to the Florida Housing Finance Corporation.

  • 420.503

    “Demonstrated capacity” means the requisite skill, experience, and credit worthiness of a provider of affordable housing projects to successfully construct or rehabilitate affordable housing. → “Demonstrated capacity” means the requisite skill, experience, and credit worthiness of a provider of affordable housing projects to successfully construct or rehabilitate affordable housing. Requisite skill, experience, and credit worthiness includes, but is not limited to, the completion of at least three affordable housing projects in the United States, one of which must have been completed in this state, within the preceding 5 years. Each affordable housing project used to demonstrate capacity must involve a qualifying principal acting in the capacity of a qualifying principal in each affordable housing project.

    The definition of 'Demonstrated capacity' is expanded to include specific criteria for affordable housing providers.

  • 420.503

    “Eligible housing provider” means a for-profit developer or not-for-profit developer or a community housing development organization with at least one qualifying principal having the demonstrated the capacity to construct or rehabilitate affordable housing. → “Eligible housing provider” means a for-profit developer or not-for-profit developer or a community housing development organization with at least one qualifying principal having the demonstrated capacity to construct or rehabilitate affordable housing.

    This corrects a typographical error by removing the duplicated word 'the'.

  • 420.503

    “Elderly” means persons 62 years of age or older; however, this definition does not prohibit housing from being deemed housing for the elderly as defined in subsection (22) → “Elderly” means persons 62 years of age or older; however, this definition does not prohibit housing from being deemed housing for the elderly as defined in subsection (21) if such housing otherwise meets the requirements of subsection (22).

    This changes the reference subsection relating to the definition of 'elderly' for clarity.

  • 420.503

    “Qualifying principal” means one or more persons owning at least 25 percent of a legally formed corporation, association, joint venture, or partnership.

    This adds a new definition for 'Qualifying principal'.

  • 420.628

    Young adults who leave the child welfare system meet the definition of eligible persons under ss. 420.503(19) and 420.9071(11) → Young adults who leave the child welfare system meet the definition of eligible persons under ss. 420.503(18) and 420.9071(11)

    The citation to the definition of 'eligible persons' is updated to refer to the correct subsection.

Action History

  1. Died in Community Affairs

  2. Introduced

  3. Referred to Community Affairs; Commerce and Tourism; Rules

  4. Filed

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 163 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (163)

163 members have not signed on to this bill.

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"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does SB 1348 do?
Terminology Associated with the Florida Housing Finance Corporation; Revising and providing definitions pertaining to the corporation, etc.
Who sponsors SB 1348?
SB 1348 is sponsored by Calatayud, Alexis (Republican).
What is the current status of SB 1348?
This bill has been introduced in the Senate. Introduced January 07, 2026. It must pass committee before a floor vote.
Where can I track SB 1348?
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