Resolution No. 2024-56 Support of Federal Tax Relief Act and Flood Insurance Relief Act - September 3, 2024 CITY OF AVENTURA RESOLUTION NO. 2024-56
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF
AVENTURA, FLORIDA, EXPRESSING SUPPORT OF THE FEDERAL
TAX RELIEF ACT, THE FLOOD INSURANCE RELIEF ACT, AND
CALLING FOR ADDITIONAL SOLUTIONS TO ADDRESS THE FLORIDA
PROPERTY INSURANCE CRISIS; AND PROVIDING FOR AN
EFFECTIVE DATE.
WHEREAS, the State of Florida is currently facing a crisis of housing affordability,
exacerbated by a crisis in the cost of property insurance; and
WHEREAS, according to Bankrate, the average cost of homeowners insurance in
the Sunshine State is $5,533 per year for a $300,000 dwelling coverage policy—about
148 percent more than the national average premium of $2,230 per year for the same
amount of coverage; and
WHEREAS, the proposed Federal Disaster Tax Relief Act, which passed the U.S.
House with wide bipartisan support and is sponsored by Rep. Greg Steube, R-Fla., would
allow victims of hurricanes and federally declared disasters to avoid income taxes on
compensation they receive for those disasters; and
WHEREAS, the proposed Flood Insurance Relief Act, sponsored by Rep. Byron
Donalds, R-Fla., and Sen. Rick Scott, R-Fla., would allow individuals earning $200,000
or less, or households earning $400,000 or less, to deduct their flood-insurance premiums
from their taxes. The savings could be significant as National Flood Insurance Program
premiums rise and more people are required to get flood insurance; and
WHEREAS, the City Commission of the City of Aventura hereby declares its
support of passing state legislation that would address the escalating cost of
homeowner's property insurance that is overburdening homeownership and impacting
the residents of the City of Aventura.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE
CITY OF AVENTURA, FLORIDA, THAT:
Section 1. The foregoing Whereas clauses are incorporated herein.
Section 2. The City Commission of the City of Aventura supports the passing of
legislation that would address the escalating cost of homeowner's property insurance
that is overburdening homeownership and impacting the residents of the City of
Aventura. The City urges Congress to pass the Federal Disaster Tax Relief Act and the
City of Aventura Resolution No. 2024-56
Flood Insurance Relief Act to provide some help to struggling homeowners. The City
further calls on the State of Florida to provide solutions to address the cost of property
insurance.
Section 3. Effective Date. This Resolution shall become effective immediately
upon its passage and adoption.
The foregoing Resolution was offered by Commissioner Friedland, who moved its
adoption. The motion was seconded by Commissioner Bloom, and upon being put to a
vote, the vote was as follows:
Commissioner Amit Bloom Yes
Commissioner Rachel Friedland Yes
Commissioner Billy Joel Yes
Commissioner Paul A. Kruss Yes
Vice Mayor Dr. Linda Marks Yes
Mayor Howard S. Weinberg Yes
PASSED AND ADOPTED this V day of September, 2024.
•
� HOWARD S. WEINBERG, ES
MAYOR
ATTEST:
ELLISA L. HORVATH, MMC
CITY CLERK
APPROVED AS TO LEGAL SUFFICIENCY:
ROBERT MEYERS
CITY ATTORNEY
WEISS SEROTA HELFMAN COLE + BIERMAN, P.L.
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