Florida’s House passed a bill Tuesday that aims to spur more construction of new homes and commercial buildings.
The House voted 24-7 to pass the legislation by voice vote.
House Minority Leader Scott Pelley, D-St. Petersburg, said the measure would help “bring more homes to Floridians and spur the economy.”
The legislation would create a new $20,000 income tax credit for homebuyers and businesses to help with property taxes and other construction costs.
The credit would go toward construction of single-family homes and condos in Miami-Dade County.
It also would create new tax incentives for the construction of commercial buildings, such as condominiums and office buildings, in the state.
House Speaker Richard Corcoran, D.C., said the bill is an “economic stimulus” for the state and called for the passage of legislation to create a “new generation of economic jobs” for Florida.
“We’re making this a state of economic opportunity,” Corcorac said.
The bill also includes a provision that would require all new homes to be built in homes that are 80% or more affordable.
The legislation passed the Senate 27-12.
The state Senate is expected to take up the measure Tuesday, but is expected not to take action until after the July 4 recess.
The Florida House also approved a bill to expand Medicaid coverage to millions of low-income Floridian adults by expanding eligibility to adults earning up to 400% of the federal poverty level, which is $11,850 for a family of four.
The measure passed the House 43-2, with Democrats in the minority.
It is now headed to the Senate for consideration.
Rick Scott, a Republican, is expected in Florida on Wednesday for a visit with House Speaker Paul Ryan, R-Wis.
The two are expected to discuss health care, including a potential Medicaid expansion.
Scott’s visit is expected before he leaves office next month.
Florida’s unemployment rate fell to 4.8% last month from 6.7% in May, the lowest level in the nation.