CS/HB 7159 - Ad Valorem Taxation Summary

• Recognizes commercial mail delivery service postmarks as valid filing dates for ad valorem tax applications and returns, in addition to U.S. Postal Service postmarks.

• Allows certain ad valorem tax documents to be transmitted electronically instead of by mail with written recipient consent, including tax notices, exemption renewal applications, and value adjustment board decisions.

• Requires property appraisers to publish notices of tax roll certification and extension dates on their websites within one week of completion.

• Modifies homestead assessment rules to exclude lessees from change-of-ownership reassessment and extends the appeal period for transferred homestead assessment limitations from 60 to 15 days.

• Provides tax assessment provisions for bioproduction feedstocks, allows counties to waive annual homestead reduction applications, removes residency requirements for veterans' property tax discounts, and restricts affordable housing exemptions to nonprofit entities.