HomeMy WebLinkAboutSummary Form SRSecond Reading Ordinance
AGENDA ITEM SUMMARY FORM
FILE ID: / - Lv ( 1 7
Date: 06/28/2012 Requesting Department: Finance
Commission Meeting Date: 07/12/2012 District Impacted: All
Type: ❑ Resolution ® Ordinance ❑ Emergency Ordinance ❑ Discussion Item
Law Department
Matter ID No.
12-806
❑ Other
Subject: Second Reading: Amending Chapter 31/Article II Section 31-50: Local Business Tax (BTR)
Purpose of Item:
An ordinance, with attachments, amending Chapter 31/Article II /Section31-50 of the City of Miami,
Florida, entitled "LOCAL BUSINESS TAX AND MISCELLANEOUS BUSINESS
REGULATIONS/LOCAL BUSINESS TAX (BTR) SCHEDULE OF ESTABLISHED BTRS," by deleting
the category for real estate salesperson, as required by Section 205.067, Florida Statutes (2012).
Background Information:
Pursuant to Florida Statute 205.067 (2012), an individual licensed and operating as a broker
associate or sales associate under chapter 475, Florida Statutes, is not required to obtain a BTR as
currently set forth in the City Code. Therefore, fihe City of Miami ("City") must update the Code of the
City of Miami, Florida, to reflect the new statutory requirement exempting broker associates and
sales associates from the requirement of obtaining a Local Business Tax Receipt ("BTR"). The first
reading was presented to the City Commission on June 28, 2012 and it passed. Second reading is
required for adoption.
Budget Impact Analysis
YES Is this item related to revenue?
NO Is this item an expenditure? If so, please identify funding source below.
General Account No:
Special Revenue Account No:
CIP Project No:
NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds?
Start Up Capital Cost:
Maintenance Cost:
Total Fiscal Impact:
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