FL S1502

Create a new ad valorem tax exemption for servicemembers who receive homestead exemptions and were deployed during the preceding calendar year on active duty outside the continental United States, Alaska, or Hawaii in support of Operation Enduring Freedom, Operation Iraqi Freedom, or Operation New Dawn.

Calculate the exemption amount by multiplying the homestead's taxable value by the number of deployment days in the preceding calendar year, divided by 365 days.

Require eligible servicemembers to apply with the property appraiser by March 1 of the year following deployment, with applications containing proof of qualifying deployment dates and other verification information.

Direct the Department of Military Affairs to submit an annual report by January 15 to legislative leaders detailing all unclassified military operations outside the continental United States where servicemembers based in the continental U.S. have been deployed.

Allow the Department of Revenue to adopt emergency rules to administer the exemption and establish extended deadlines for servicemembers deployed in 2010 to file claims, with provisions for appeals to the value adjustment board.