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Florida state legislature diverted 40% of condo owner association fees into general fund since 2008: report

Florida state legislature diverted 40% of condo owner association fees into general fund since 2008: report

The year before a 12-story building collapsed in south Florida that left 79 dead and 61 still unaccounted for, the state collected $13.7 million in fees from condominium owners associations, vacation timeshares, and mobile home parks, but swept $5 million into the state’s general fund, the Daytona Beach News-Journal reports.

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