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Speaker Announces Bill to Save Millions

March 5th, 2008 by flanews

House leaders said lawmakers can save Florida millions all while making real estate transaction easier. Speaker of the House Marco Rubio announced a bill that would eliminate the Transfer of Interest in Real Property Form. The form is more than 20 years old. The forms were posted on boxes at the Capitol to demonstrate how much space is required to store the paper. Rubio said the form isn’t needed, and getting rid of it would save the state 11 million dollars the first year alone.

“We should do this whether the budgets good or bad, my point was, in the years when money overflows, years of milk and honey no one looks at these things, It’s like government’s great, unfortunately this years the kind of year that forces us to look at things like this. This will be the first in a series of these types of things we’re going to do,” said Rubio.

Rubio said the bill would save the state more than 40 million dollars over three years.

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