Fla. Bill Would Limit Developers' Share Of Transit Upgrades

Law360, Miami (January 30, 2013, 10:33 PM EST) -- A bill introduced Tuesday in the Florida House of Representatives is aimed at moving the state one step ahead in a long, winding effort to find balance in rules addressing traffic congestion and development by expanding requirements for cost sharing between builders and local governments.

House Bill 319, filed by Rep. Lake Ray, R-Jacksonville, would strengthen 2011 revisions to Florida growth management law that added limits on the share of transportation upgrades that developers have to bare.

For instance, under Ray's bill, if a developer already...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.